Annapolis Report, Week 2

2016 Session Annapolis Report - Week 2 Legislative Focus: SB-192 100% Income Tax Exemption for Active Duty  Like Texas, Florida, Nevada and California, completely exempt active duty military from state income tax, making Maryland more attractive to New Residents -while meeting Budget responsibilities (positive revenue). Active Duty Military is an extremely mobile population, well informed and exceptionally industrious. It's a large presence in the National Capitol Region, with over 16,000 new people assigned here each year who can decide where to live. If we capture just half of them as new state residents, the Comptroller agrees we would actually collect more revenue, while honoring their service (and changing our reputation).  My bill is co-sponsored by Sen. Peters (D, Prince George's), and cross-filed by Del. C.T. Wilson (D, Charles) and Del. Jason Buckel (R, Allegany).  A sailor who lives in town, shops in town.  Job Growth Ideas This initiative was requested by the Calvert County Commissioners. 2. SMALL BUSINESS Commerce Zone Authorize establishment by the County of a special "Commerce Zone" in priority funding areas where the County desires to see commercial development that automatically qualifies any company located in the designated "Commerce Zone" an immediate, graduated real property tax credit for 15 years. News & Updates Maryland to seek FEMA disaster aid after historic snowstorm            READ MORE HERE   - Baltimore Sun Assembly Democrats likely to wrangle over Hogan tax cut specifics      READ MORE HERE    - Baltimore Sun Hogan Budget Includes $3M for Univ. of Md. at SMHEC for FY17       READ MORE HERE    - SOMD.com Upcoming Events Monday: Fire/EMS Caucus - 5pm Watermen Caucus - 6pm Session - 8pm Tuesday: Republican Caucus - 9am Session - 10am Committee - 1pm Wednesday: SOMD Soil Conservation District - 9am Session - 10am Committee - 1pm - SB 66- Approval of Corporate Name BILL HEARING Thursday: Session - 10am Committee - 1pm Tri County Council Meeting, 6pm Friday: Rural Maryland Council - 8am Southern Maryland Delegation - 9am Session - 11am Committee - 1pm

Steve Waugh | Senator | St. Mary's & Calvert | Email | senatorstevewaugh.com