BALTIMORE – Gov. Wes Moore said Monday afternoon that the current version of a bill creating a “broad” new tax on business-to-business services will not be in the state’s final budget for fiscal year 2026.
“A broad [business] to [business] tax will not happen in the state of Maryland,” Moore said in Annapolis Monday.
Senate Minority Leader Steve Hershey, a Republican representing the Eastern Shore, said that it was “good” to hear the governor come out and “forcefully” say that the proposed 2.5% tax on business-to-business services would not move forward, but added that more detail is necessary before he can fully support Moore’s position…