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Maryland Gov. Larry Hogan proposes $1B stimulus bill, including checks for low-income households and tax relief – Baltimore Business Journal

By January 11, 2021No Comments
Cursor and Maryland Gov Larry Hogan proposes 1B stimulus bill including checks for low income households and tax relief Baltimore Business Journal

Cursor and Maryland Gov Larry Hogan proposes 1B stimulus bill including checks for low income households and tax relief Baltimore Business Journal

Gov. Larry Hogan on Monday unveiled a state economic relief package designed to put money into the pockets of low-income Marylanders, help businesses stay afloat and forgive hundreds of millions of taxes on unemployment benefits and other aid.

The $1 billion legislative package, which Hogan is introducing as emergency legislation when the General Assembly session begins Wednesday, is called the Recovery for the Economy, Livelihoods, Industries and Families (RELIEF) Act. Its purpose is to provide “immediate financial relief and tax cuts for Maryland working families, small businesses and those who have lost their jobs” during what Hogan summarized as “one of the worst economic crises in our country’s history.”

Image: Gov. Larry Hogan gives an update on the state’s coronavirus response during a Dec. 1 press conference. JOE ANDRUCYK/MARYLAND GOVPICS/CC 2.0/FLIC.KR/P/2KCWGCT

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