Maryland is currently operating in Fiscal Year 2025, which started 7/1/2024 and ends 6/30/2025. Recovery Plan Performance Report - Annual Report #1. An official website of the State of Maryland.

Jan 15, 2025 · ANNAPOLIS, MD — Governor Wes Moore today released the Moore-Miller administration’s FY 2026 budget proposal. The $67.3 billion plan is driven by four principles: growing our economy, strengthening Maryland’s labor force, modernizing government, and fixing what’s broken in our tax system.

dynamic economy that is ready for the future, we will also make Maryland safer, more affordable, and more competitive. Together, we will continue the work we began last year to build a Maryland that serves its people through strategic investments in public …

Our plan makes Maryland the best state in the nation to start and grow a business – while ensuring we can also make responsible investments to grow our economy." Lowering the corporate tax rate by implementing combined reporting to close tax loopholes and broaden the corporate tax base. the people of our state.

Jan 16, 2025 · ANNAPOLIS, MD — Governor Wes Moore yesterday released the Moore-Miller Administration’s FY 2026 budget proposal. The $67.3 billion plan is driven by four principles: growing our economy, strengthening Maryland’s labor force, modernizing government, and fixing what’s broken in our tax system.

Jan 15, 2025 · Maryland governor's FY2026 $67.3B budget plan hinges on spending cuts, tax changes. Governor: Under plan, taxes would be cut or unchanged for 82% of Marylanders, increased for higher earners

County government leaders knew that Maryland’s fiscal 2026 budget season would be a tough one. With a nearly $3 billion deficit looming, Gov. Wes Moore proposed about $2 billion in cuts in his ...

Jan 16, 2025 · We are channeling $750 million toward economic growth this year. I have proposed $128 million in new targeted and strategic investments toward specific areas that will strengthen our competitiveness – like cyber, quantum, and life sciences.

Jan 18, 2024 · Maryland Gov. Wes Moore has submitted a $63.1 billion budget for the next fiscal year. The state spending plan released Wednesday uses a variety of budget-balancing moves to close a deficit.

Jan 16, 2025 · By Emma Tufo and Jack Bowman. ANNAPOLIS – Gov. Wes Moore proposed a budget Wednesday that would raise income taxes for Maryland’s highest earners and advance a broader plan he calls his “growth agenda” for the state. Administration officials say that Moore’s budget plan is balanced and over time would reduce the state’s structural $3 billion deficit, in …