Peter Franchot was elected Maryland's 33rd Comptroller on Tuesday, Nov. 7, 2006. Prior to his election to statewide office, Comptroller Franchot served 20 years in the Maryland General Assembly, representing the people of Montgomery County. During his time in the Maryland House of Delegates, Franchot was a member of the Appropriations Committee and served as Chairman of the Transportation & the Environment Subcommittee. There he wrote legislation to lower tuition at our 2 and 4 year colleges and universities and fought for increased funding for education at every level. He became a leading defender of our environment, preserving the Chesapeake Bay and co-authored a Constitutional amendment to protect Maryland's public parks. He fought to raise the state's minimum wage, to increase access to health care and passed legislation that returned over $500 million to Maryland homeowners.
As Comptroller, Peter Franchot has been an independent, fiscal watchdog for the taxpayers of Maryland. As a member of the powerful Board of Public Works and Vice-Chair of the State Retirement Board, Franchot works tirelessly to keep Maryland competitive in the knowledge-based economy, create a climate of economic equality and protect the state's natural resources. He is a leading opponent of slot machines and their negative effects on Maryland's economy and quality of life.
Since becoming the State's chief financial officer, Comptroller Franchot has cracked down on tax cheats, cigarette smugglers and illegal alcohol and motor fuel sales. He has closed corporate tax loopholes, launched the first-in-the-nation program to ensure that federal contractors are paying their fair share in State taxes and has sought statewide compliance with Maryland's minority business enterprise participation goals. He has also been a leader in the fight to invest State resources in cost effective, environmentally-friendly "green" technologies, and the preservation of pristine parks and open space.
Comptroller Franchot attended Amherst College (B.A., 1973) and Northeastern School of Law (J.D., 1978). He served in the United States Army, from 1968 to 1970. Peter is married to Anne Maher, a lawyer, and they have two children, Abigail, 26, and Nick, 23. Peter and Anne live in Takoma Park, Maryland.