I want to share an important update about how recent federal tax changes will impact our state.
The Comptroller’s Office just released a new analysis of the Trump administration’s budget bill, and the findings are concerning: Maryland is projected to lose over $189 million in general fund revenue between fiscal years 2026 and 2027. That’s money that could otherwise fund schools, public safety, transportation, and other critical programs.
While Maryland will decouple from some provisions that would have the biggest impact in 2025, there remains uncertainty about the long-term effects. During the 2026 legislative session, the General Assembly will decide whether to decouple these federal changes permanently. This decision could have significant consequences for the state budget and the services Marylanders rely on.
As Comptroller, I know that taxpayers deserve clarity and guidance during times like this. Our Bureau of Revenue Estimates has worked diligently to provide a clear, nonpartisan analysis to help policymakers and residents understand the effects of these changes on Maryland’s fiscal future.
I’m ready to keep doing this critical work, but I need your support to keep our team strong. Can you chip in $26 or more to support my re-election campaign today?
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Together, we will help Maryland navigate these challenges and continue building a state that works for everyone.
My best,
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