WBAL NewsRadio 1090: Franchot Criticizes Federal Tax Bill (AUDIO)

Audio available at http://www.wbal.com/article/284961/3/franchot-criticizes-federal-tax-bill Maryland's top tax collector doesn't think much of the federal tax reform bill President Trump just signed. Comptroller Peter Franchot tells WBAL NewsRadio 1090 that the federal tax law which will consolidate tax brackets and double the exemption for taxpayers is poorly written and will add to the federal deficit. Franchot and his staff are preparing a formal analysis of the new law's impact on Maryland. Franchot will present that to the legislature during the third week in January. Franchot expects there will be Marylanders paying more federal taxes given that the tax deduction for state and local t

Dorchester Star: Franchot promotes Shop Maryland in Cambridge

CAMBRIDGE — The Simmons Center Market family welcomed a visit from Comptroller Peter Franchot on Friday, Dec. 15, part of his annual initiative to encourage consumers to shop at small, local businesses during the holiday season. “Stores like Ricky’s employ our neighbors and friends,” said Franchot. “They contribute also to tax revenue, strengthen our communities by philanthropic contributions, and represent almost 70 percent of the economic activity in the state. They’re very under-appreciated.” Franchot presented Ricky Travers, owner of Center Market, with this year’s Shop Maryland for the Holidays window sign, which he posted right beside last year’s sign already hanging on the front door.

Star Democrat: Franchot visits RAR to support craft beer reform

CAMBRIDGE — Comptroller Peter Franchot visited Cambridge’s RAR Brewing on Friday, Dec. 15, to rally support for the Reform on Tap Act of 2018, meant to lift restrictions that were placed on craft breweries in Maryland with the passing of House Bill 1283. As chief regulator of alcohol for the state, Franchot is a fervent supporter of the booming craft beer industry. He noted that this sector of Maryland’s economy, which includes more than 6,500 jobs, is fast approaching $1 billion in economic activity. It is expected to grow into a $4-5 billion industry over the next several years. The legislation was developed through the Franchot’s Reform on Tap Task Force, which was comprised of stakeholde

Frederick News-Post: A ray of hope at Flying Dog

To all of our readers who are beer drinkers — or to those who just care about a more business-friendly environment in Maryland — we propose a toast: Raise your glasses to Peter Franchot! Franchot, who as the state comptroller collects taxes and other revenue, announced recently that he will introduce a bill with a “12-pack” of craft brewery reforms in the 2018 General Assembly session. We hope this reform package will be able to pass the General Assembly, and we hope it is in time to help Frederick. We told you in October that the assembly had made a mess of policy while creating new regulations on breweries in the last session in the spring. Brewers had asked for changes to the state laws t

Local DVM: UPDATE: Comptroller of Maryland visits Antietam Brewery for perfect blend of politics, be

Video available at http://www.localdvm.com/news/maryland/comptroller-of-maryland-visits-antietam-brewery-for-perfect-blend-of-politics-beer/881296672 HAGERSTOWN, Md. - Politics and beer are an unlikely and sometimes dangerous pairing, but for craft beer lovers, it was the perfect blend on Thursday. Comptroller of Maryland Peter Franchot stopped by Antietam Brewery to promote legislation that calls for reforms that would take Maryland from one of the least friendly states for breweries to one of the most. Franchot said traditional beers like Budweiser and Miller are flat in their sales, and craft beers are growing at a 10 to 15 percent rate, especially among Millennials. "We have about $700

Cumberland Times-News: Comptroller urges citizens to 'shop local' during visit to Cumberland

CUMBERLAND — Maryland Comptroller Peter Franchot urged citizens to “shop local” during a visit to Cumberland Thursday where he purchased gifts at several downtown businesses. For the last few years, Franchot has been visiting numerous towns across Maryland during December to promote shopping at small local businesses. “Amazon is OK once in awhile,” said Franchot. “But, in December, I’m urging everyone to come down and shop local.” Franchot’s first stop Thursday was at Caporale’s Bakery, 151 N. Mechanic St. The bakery is a fourth generation family-operated business that opened in 1906. Several members of the Caporale family were present at the gathering, including patriarch Gus and his wife C

Baltimore Business Journal: Comptroller Franchot says Maryland hasn't 'fully recovered'

Comptroller Peter Franchot painted a grisly picture of Maryland's economy after the Board of Revenue Estimates reduced its revenue projection for fiscal 2018 by $73.2 million. The decrease of less than 1 percent means Maryland now estimates revenue to be $17.1 billion at the end of the fiscal year on June 30. Franchot said continued weaker-than-anticipated sales tax revenues and an inability to tax online retailers provided the basis for the board's actions. The state board also continues to monitor the progress of the Republican tax reform bill moving through Congress and will take additional action if a final version gets passed. "We're doing the best we can with the information we have,"

Cecil Whig: Comptroller presents award to Shop with a Cop

NORTH EAST — In a role reversal this holiday season, Comptroller Peter Franchot presented Cecil County Shop with a Cop an gift Tuesday afternoon — the 2017 William Donald Schaefer Helping People Award. “It goes without saying that Shop with a Cop embodies the same attitude as [former governor Schaefer] … he believed small gestures to real people made a big difference. He often gave $5 bills to panhandlers in Baltimore because it helped the less fortunate,” Franchot said during an award presentation at North East Town Hall. “This incredible initiative has touched hundreds of lives in Cecil County by ensuring children can experience the magic of Christmas.” In 2012, Maryland State Police Capta

ABC2: Catch A Lift given special award for its work with wounded veterans

Comptroller Peter Franchot honored the Catch A Lift Fund (CAL) on Friday. He presented the organization with the 2017 William Donald Schaefer Helping People Award for Baltimore County. CAL started in 2010 in memory of Army Cpl. Chris Coffland, a Gilman High School graduate that died in Afghanistan. "He believed that physical fitness changed you mentally and physically and that you could achieve your highest potential with physical fitness," said Lin Coffland, CAL founder and sister of Chris Coffland. After her brother's death, Lin Coffland wanted to remember her brother's efforts to improve the lives of wounded veterans through fitness and support programs. "I realized after doing an investi

Carroll County Times: Comptroller visits, gives proclamation in support of Carroll local business

For Maryland Comptroller Peter Franchot, Thursday afternoon was filled with seeing what makes Carroll County the community it is — from the youth who give back to the corporations who create jobs to the local businesses that help hold the community together. On the third and final stop of his Carroll County tour, Franchot took time to check out The Mill of Hampstead, a family-owned business with six locations throughout the state. Franchot presented the business with a proclamation in recognition of its success in the community, something those at The Mill of Hampstead were thankful for. Ashley Kincaid, the retail manager of the store, said they were honored to have the comptroller stop and

Carroll County Times: Little Free Pantry creator Makenzie Greenwood recognized for charitable work

For Makenzie Greenwood, the last six months have been a whirlwind. Just this past May, the 10-year-old opened a Little Free Pantry at St. John's United Methodist Church on Main Street in Hampstead, and in the time that’s followed, things have grown. The idea stemmed from that of the Little Free Libraries, which are tiny take-a-book, leave-a-book constructions. “It’s been a huge success,” Jennifer Greenwood, Makenzie’s mom, said Thursday, and it’s a success that keeps getting recognized. Thursday, Makenzie was presented with the 2017 William Donald Schaefer Helping People Award for Carroll County — her third award in regard to the pantry. Maryland Comptroller Peter Franchot presented her with

Local DVM: Comptroller of Maryland Peter Franchot honors downtown Frederick business owner

Video available at http://www.localdvm.com/news/i-270/comptroller-of-maryland-peter-franchot-honors-downtown-frederick-business-owner/875686110 FREDERICK, Md. - Comptroller of Maryland Peter Franchot honored a downtown Frederick business that is celebrating a decade of service. Franchot visited the area as part of his "Shop Maryland for the Holidays" tour. The comptroller stopped in to "Retro Metro" to recognize its owner Sherri Johnson as well as the store's ten-year anniversary. Franchot highlighted the demand for local business in the area, especially during this time of year. "This is the holiday season. December is a key month for these wonderful small businesses. They have great produc

Star Democrat: Franchot tours, commends Chesapeake Center

EASTON — Maryland Comptroller Peter Franchot visited the Chesapeake Center in Easton on Friday, Dec. 1, to tour the production area and to present a proclamation to President and CEO Donna Harrison in honor of the center’s 50th anniversary this year. Chesapeake Center, located at 713 Dover Road, is a nonprofit organization that provides job training and opportunities for developmentally-challenged individuals and people with traumatic brain injuries. Leading the tour were Harrison and Lisa Korell, the center’s vocational services director, who introduced employees and described the center’s various services, manufacturing and customizing crab mallets, capping small toy bubbles, inserting pin

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