Maryland’s general fund didn’t quite reach the level expected at the end of fiscal 2013, Comptroller Peter Franchot announced Thursday.Read More »
ANNAPOLIS — The General Assembly is set to consider a so-called “bare bones” budget compromise Monday that reinstates cuts enacted by the “doomsday” budget but does not tie in any ancillary measures, like a gas tax increase or gambling expansion. ...Read More »
Maryland stands to receive between $895 million and $959 million in benefits under a pending multibillion-dollar nationwide settlement with the five largest mortgage lenders over alleged foreclosure abuses, Attorney General Douglas F. Gansler said Wednesday. Gansler joined the ranks of ...
Tagged with: ally financial Bank of America california citigroup class action doug gansler fannie mae foreclosure Foreclosures freddie mac general fund JPMorgan Chase lawsuit lenders maryland Settlement wells fargoRead More »
After a rocky six months for the Developmental Disabilities Administration, Gov. Martin O’Malley’s fiscal year 2013 budget proposal increases funding by about $31 million and creates a new fund so unspent money will stay in the agency. Department of Health ...Read More »
Maryland’s highest court on Thursday upheld a piggyback tax on nonresidents, which brought in nearly $50 million last year and an estimated $500 million since it was enacted in 2004. The challengers — three partners in Philadelphia-based Saul Ewing LLP, ...Read More »
Maryland took in $314 million more than it expected to in fiscal 2011, driven mostly by larger than anticipated individual income tax receipts, according to figures released by the comptroller’s office Thursday. The state was left with a balance of ...Read More »
ANNAPOLIS — The House of Delegates and Maryland Senate this past week both voted to cut pension benefits for state teachers and employees while raising contribution rates and retirement ages, ostensibly to cure a massive $18 billion underfunding of the ...Read More »
ANNAPOLIS — The Attorney Grievance Commission’s annual budget would need to be approved by the state, and any unspent annual revenue would go to Maryland’s general fund rather than remain with the disciplinary body under a legislative proposal the Maryland ...
Tagged with: Attorney Grievance Commission Baltimore Client Protection Fund Department of Legislative Services General Assembly general fund judiciary maryland maryland court of appeals revenue surplusRead More »