New Tax Analysis, Paid Leave Dilemma, Fiscal Outlook, and More!

The Comptroller’s Office on Thursday held a briefing on its analysis of the impact of federal legislation on Maryland revenues. Meanwhile, Governor Larry Hogan unveiled his plans to protect Marylanders from state & local tax increases resulting from the recent federal tax overhaul.On Monday, the Department of Legislative Services (DLS) delivered its annual fiscal briefing to the General Assembly budget committees. Occurring right on the heels of the federal government shutdown, the tone was markedly different from the Governor’s budget proposal announcement.Also this week, Senate Finance Chairman and chief sponsor of a new law requiring most employers to provide workers with sick leave, Senator Thomas “Mac” Middleton introduced a bill to delay enforcement of the new law. While most legislators would seemingly support the legislation, its passage is far from certain.On the latest episode of the Conduit Street Podcast, Kevin Kinnally and Michael Sanderson break down the Comptroller's report, analyze the latest news on paid leave, examine the fiscal plan for the year ahead, highlight hot-button budget issues, and more!