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Hogan Considering Special Session for Tax Relief

November 19th, 2014 by WCBC Radio

Maryland Governor-elect Larry Hogan said this week that he remains committed to pursuing tax relief in his first year in office – despite a projected budget shortfall – and he would consider calling a special session to do additional work on the state's finances, if needed next year. In an interview Hogan said he is bracing for an even greater fiscal challenge than the $593 million shortfall state budget analysts announced last week for the next fiscal year.  Hogan takes office Jan. 21, and he will be required to submit a budget for the next fiscal year two days later to the Legislature.  Hogan said although realized early on the state’s fiscal picture was bleak, early indications are that it is worse than he anticipated…





 

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