TITLE

In Reversal, Maryland Governor Backs Property Tax Hike

AUTHOR(S)
Newman, Emily
PUB. DATE
May 2003
SOURCE
Bond Buyer;5/1/2003, Vol. 344 Issue 31626, p41
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Contrary to reports that he would veto a property tax hike, Maryland Governor Robert L. Ehrlich Jr. voted with the two other members of the Board of Public Works to increase the state's portion of the tax to pay debt service on the state's bonds. But the governor indicated he wants the increase to be temporary and said that he will move to withdraw it when the General Assembly meets again in 2004. The Board of Public Works — which includes the governor, state Comptroller William Donald Schaefer, and state Treasurer Nancy K. Kopp — voted to increase the state's share of the property tax rate by more than half — about five cents per 100 dollars of assessed property value.
ACCESSION #
9810682

 

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