NewsLocal News


Maryland legislature inches closer to passing new $250 million digital ad tax

Tax Day.PNG
Posted at 9:42 AM, Feb 12, 2021
and last updated 2021-02-12 09:42:44-05

ANNAPOLIS, Md. — A coalition of Maryland residents is calling out the state House of Delegates for overriding Governor Larry Hogan's veto of House Bill 732, which would tack on $250 million in new state taxes.

Under the bill, businesses would be required to report any significant revenue from digital advertising.

Marylanders For Tax Fairness says the legislation amounts to a tax hike

"Make no mistake; this is a vote in favor of higher taxes and costs for all Marylanders."

The group says bill would hit small businesses the hardest.

“For small businesses fighting to survive during COVID-19, this vote sends a chilling message about the priorities of those in power. Even during a worldwide pandemic, they will stop at nothing to raise taxes and costs on hard-working Marylanders."

The bill was initially proposed to fund sweeping education reform in the state.

It would also raise taxes on e-cigarettes and tobacco products, including a bump from $2.00 to $3.75 on packs of cigarettes.

If the Senate also overrides the Governor's veto, and the bill passes it would be the first tax of it's kind in the country.