Baltimore Mayor Stephanie Rawlings-Blake is planning to introduce legislation to the City Council next week that will provide generous tax breaks to builders of apartment buildings downtown and in six other neighborhoods.
By By Steve Kilar and Luke Broadwater and The Baltimore Sun
Robin McKinney is the director and co-founder of the Maryland Creating, Assets, Savings and Hope (CASH) Campaign, which provides free tax preparation for low- to moderate-income households in the state.
The Howard County Delegation Wednesday moved a bill forward establishing a tax credit for commercial redevelopment along Route 1, while delaying action on a bill authorizing union employees the right to unionize.
After being thwarted the past two years by skittish lawmakers, Gov. Martin O'Malley is preparing once again to introduce a bill aimed at planting mammoth wind turbines off Ocean City — and the measure may finally pass, thanks to a shake-up in a committee that stifled it last year.
Residential property values in the southwestern Route 40 areas of Harford County plummeted by 15 to 20 percent since 2009, while those in northern Harford and the Havre de Grace area dropped by an average of 7 percent, according to the latest round of property tax assessments.
Hours before a midnight deadline would have ushered in an enormous tax hike on ordinary Americans, the White House reached a tentative deal with Congress on Monday to raise taxes on the wealthiest households while putting off tougher spending decisions for another battle in a couple of months.
By By Lisa Mascaro, Kathleen Hennessey, Michael A. Memoli and John Fritze and Tribune Newspapers
Baltimore residents have endured a year of challenges created by their city government. Water bills arrived in some mailboxes with erroneously exorbitant sums. Property tax bills similarly were miscalculated with homestead and other credits going to owners who didn't qualify for them.
The deadline for homeowners to apply for the Homestead Tax Credit, which saved the average Baltimore homeowner more than $1,000 on this year's tax bill, is coming up Dec. 31. As the deadline gets nearer, real estate agents and community leaders are helping raise awareness of the impending deadline.
Harford County homeowners who have not yet taken advantage of the Maryland Homestead Tax Credit must postmark their application to the Maryland Department of Assessments and Taxation by Dec. 31 or lose that benefit.
Grotech Ventures will be the first venture capital firm to invest in Maryland startup companies using $12 million in state money as part of the InvestMaryland program, state economic development officials said Wednesday.
While politicians spar in Washington over how to keep the nation from going over a "fiscal cliff," environmental activists warn that the wind-energy industry faces its own cliff if Congress doesn't act soon to extend a federal tax break for turbine construction that expires at the end of the year.
Three decades into its mission, Enterprise has become an agenda-setter for the affordable housing community and it is responding to a challenging period by reassessing its goals and charting new paths to reach them.
About 25,000 Baltimore homeowners who received the homestead property tax credit this year will lose the sometimes-large break if they don't apply for it by Dec. 31, the Baltimore City Council warned Monday.
The Howard County Council is the first county legislative body in the state to request the Maryland Public Service Commission to investigate electric power reliability in certain areas of Howard County and the first to institute a tax credit to encourage property owners to make their homes more accessible to seniors and persons with disabilities.
U.S. Rep. John Sarbanes, a Towson Democrat who represents part of Howard County, has introduced a bill in Congress aimed to encourage politicians to choose to use grassroots donations to fund their campaigns instead of special interests.
It's getting tougher to redevelop neighborhoods in need of help. Baltimore got 30 percent less this year from two key federal programs for revitalization than it received before the recession, part of a nationwide reduction in aid for community development.
Terrasa said the tax credit is aimed to help households that would like to provide more accommodations for seniors or individuals with disabilities. She said it will be a good resource for families caring for relatives or seniors seeking to age in place.
For weeks city and state officials have been on a scavenger hunt. Their goal: To track down documents, if they exist, showing that 76 property owners in Baltimore have been legitimately receiving hundreds of thousands of dollars in discounts on local property tax bills.
If Harford Community College's trustees approve a proposed power purchase agreement Monday evening, solar panels installed on rooftops of several building will result in very little financial liability for the institution but potentially large savings on the college's energy bills, HCC officials say.