Delmarva Public Radio: MD Comptroller: Unclaimed Property Outreach

The Maryland Comptroller's office is reaching out to residents who may very well have unclaimed property. The 180-page list will be run in 30 newspapers with accounts worth nearly $64 million. Delmarva Public Radio's Don Rush talks with Comptroller Peter Franchot about this effort as well as his reaction to Governor Larry Hogan's decision to partially reopen restaurants. https://www.delmarvapublicradio.net/post/md-comptroller-unclaimed-property-outreach-easing-restrictions-restaurants

The Enterprise: Franchot to match Marylanders with lost money in 'The Matchelor'

Franchot to match Marylanders with lost money in “The Matchelor” Comptroller Peter Franchot (R) traditionally parodies a pop culture theme — this year as “The Matchelor” — to bring attention to the list and reunite Marylanders with their unclaimed funds and miscellaneous items that are held by the state. The 2020 Maryland unclaimed property insert hits publications statewide this week. It was in Wednesday's edition of The Enterprise. As is tradition, Comptroller Peter Franchot (D) parodies a pop culture theme to bring attention to the list and reunite Marylanders with their unclaimed funds and miscellaneous items that are held by the state. This year’s theme is based on the popular reality s

Bethesda Magazine: Comptroller supports extending alcohol delivery, carryout

This story was updated at 7:23 p.m. on May 28, 2020 to include a comment from a spokesman for Gov. Larry Hogan. State Comptroller Peter Franchot said he supports the Montgomery County Council’s request to extend alcohol delivery and carryout to help restaurants suffering economically during the coronavirus pandemic. The council on Friday wrote a letter to Franchot and Gov. Larry Hogan about alcohol sales. County officials urged them to allow the services for wine, beer and spirits past the duration of the state of emergency and keep the provision in place until the Maryland General Assembly meets in January. State representatives could then decide whether to write the provisions into law or

My Eastern Shore MD: Comptroller meets with open-air restaurant owners

CENTREVILLE — Maryland Comptroller Peter Franchot met with about 10 open-air restaurant owners from Queen Anne’s County Tuesday afternoon, May 26, via Zoom. The meeting, listed as the “Outdoor Seating Summit,” lasted exactly one hour. Franchot met with the group from his home. The meeting was coordinated by Queen Anne’s County Economic Development Director Heather Tinelli. She included restaurant owners from Queen Anne’s County and one from Annapolis, Bobby Jones, who grew up in Queen Anne’s County and now is owner of Ketch 22. Also attending were QA Chamber of Commerce President Linda Friday and Kent Narrows Development Foundation Executive Director Gigi Windley. Franchot said, “I want to a

The Source of the Spring: COMPTROLLER OFFERS COUNCIL SUPPORT TO EXTEND COVID-19 ALCOHOL PROVISIONS

Maryland Comptroller Peter Franchot has lent his support to a County Council request that the state extend the alcohol delivery and carryout provisions allowed during the COVID-19 emergency, according to a post on the comptroller’s Facebook page. The council made the request, which was signed by all nine councilmembers, in a May 22 letter to Franchot (D) and Gov. Larry Hogan (R). A March 16 Executive Order closed all bars and restaurants. The governor then modified the order on March 19 to permit carryout sales or delivery of alcohol. The council, in a letter spearheaded by Councilmember Andrew Friedson (D-District 1), requested the governor to extend the order to allow the state legislature

Salisbury Independent: Salisbury restaurant owners eager to reopen businesses

City of Salisbury officials fast-tracked Evolution’s plans to provide expanded outdoor seating at The Public House in Downtown Salisbury, but state officials have yet to allow eateries to accommodate diners. Owners of restaurants and bars that have been closed since March 16 are hoping Maryland Gov. Larry Hogan will soon ease restrictions to allow outdoor dining, and they have Comptroller Peter Franchot in their corner. “This particular sector needs a little bit of attention,” he said during a Board of Public Works meeting last week. Maryland is currently in Phase 1 of the state’s reopening plan, but restaurants are in Phase 2. The hospitality industry has been “hammered” since they were for

WAMU 88.5:Maryland Comptroller Franchot Calls For Outdoor Restaurant Seating On Memorial Day Weekend

Maryland Comptroller Peter Franchot thinks restaurants have been overlooked by Gov. Larry Hogan’s Phase 1 reopening guidelines. While Mother Nature may dampen weekend plans for some hoping to get outdoors, Maryland Comptroller Peter Franchot is hoping for a Memorial Day miracle. He’s asking Gov. Larry Hogan to allow restaurants to reopen for outdoor service. “I’m suggesting that we continue wearing masks, washing hands and keeping six feet social distance,” Franchot said. “But allow these restaurants — that are right now only allowed to engage in takeout — to do open-air where they have a patio, chairs and tables on a sidewalk, or even on a street where the traffic has been diverted.” Franch

Bethesda Magazine: County Council urges governor, comptroller to keep allowing alcohol delivery

As Montgomery County businesses seek ways to survive during the pandemic and partial shutdown, having the state’s permission to sell alcohol through delivery and carryout have helped save some from closing. Council Member Andrew Friedson said he has repeatedly heard from countless local businesses that Gov. Larry Hogan’s March 16 executive order allowing restaurants, distilleries, bars and other places to sell wine, beer and spirits for delivery and takeout has kept them from shutting down. “Thousands across the state would have had to shut their doors in the early part of this health crisis,” Friedson said. “They have consistently said — and raised consistent issues with — what happens when

Garrett County Republican: Processing of paper income tax returns resumes

ANNAPOLIS — Comptroller Peter Franchot announced that a limited number of employees returned to work Monday and resumed processing paper personal income tax returns. The processing of paper income tax returns was halted April 15 due to concerns for essential employee safety during the COVID-19 pandemic. Employees are following all state and Centers for Disease Control guidelines. The Department of General Services will perform health screenings as employees enter the Revenue Administration Division building. Needed staff will be notified about their work schedules with a phased-in approach for return. Masks, gloves and hand sanitizer will be available to all on-site staff. Spatial and social

The Baltimore Sun:Want to fix Maryland’s unemployment insurance woes? Let Comptroller Franchot fix t

Gov. Larry Hogan should shift his current labor secretary elsewhere within his administration and turn over the unemployment claims failure to Maryland Comptroller Peter Franchot with total power to bring in a new team and whatever else he needs to get the job done so that all unemployed Marylanders can receive their delayed benefits (“Gov. Larry Hogan was lauded for his early handling of the pandemic. Then Maryland’s unemployment system failed and problems mounted,” May 17). All else has failed and we need to try something different. Forget politics and political parties altogether. Promote health. Save lives. Serve the vulnerable. Visit who.int Blaine Taylor, Towson https://www.baltimoresu

MYMCMedia: FRANCHOT: ‘AN UNBELIEVABLE ECONOMIC TORNADO, HURRICANE AND THUNDERSTORM ALL AT ONCE’

Like it has in most states, COVID-19 has had a devastating effect – health-wise and economically – on Maryland. Approximately half a million Marylanders have lost their jobs so far and many small business have shut down – many perhaps permanently. Maryland Comptroller Peter Franchot says we are experiencing an economic hit the likes of which we haven’t seen since the Great Depression. The financial hit will be felt for years to come. MyMCMedia spoke with Franchot Monday to get his honest assessment of where we are economically and what the immediate future looks like. 🚨 IMPORTANT UPDATE FOR BUSINESS TAXPAYERS 🚨 Business filing and payment deadlines in Maryland have been extended to JULY 1

WFMD: Md. Faces Tax Revenue Shortfall Due To COVID-19 Pandemic

Annapolis, Md (KM). The COVID-19 pandemic is having an impact on Maryland’s finances. The Board of Revenue Estimates is projecting a more than $1-billion deficit for fiscal year 2020, which ends on June 30th, as well as an over $4-billion decline in fiscal years 2021, which begins July 1st, and fiscal year 2022. “We’ve had 400,000 Marylanders lose their jobs in the last six weeks. So it’s been a nose dive as far as the economy,” says Comptroller Peter Franchot. “But we are doing a little bit better than some other states as far as the tax revenue coming in.” He says the Board of Public Works, which consists of the Governor, the Comptroller and the State Treasurer, will probably need to make

WBAL 1090: State Board Projects Up To $1.1B Tax Revenue Shortfall

Maryland could see a $1.1 billion revenue shortfall in the current fiscal year alone due to the economic slowdown caused by the coronavirus. “Now is not the time for governments to be reaching into people’s pockets and taking their cash,” Comptroller Peter Franchot said. Maryland Board of Revenue Estimates Director Andrew Schaufele presented two scenarios at the board’s non-voting, virtual meeting. The first outcome would include a $1.1 billion shortfall in fiscal year 2020, a $2.6 billion deficit in fiscal year 2021, and an almost $4 billion decline in fiscal year 2022. This estimate assumes a COVID-19 vaccine will exist by fall 2021, and the state doesn’t have a second wave of coronavirus

Baltimore Business Journal:Maryland faces budget shortfall of $925 million to $1.1 billion

The latest financial forecasts from the Maryland Comptroller's Office predict the state budget will face a shortfall between $925 million and $1.1 billion for the current fiscal year due to Covid-19, while job losses will continue through the end of 2021. The range represents an improvement from the $2.8 billion hole estimated in a worst-case scenario in April, but the new projections show the impact of Covid-19 on the state's budget remains grim. By fiscal 2022, the shortfall could grow to as much as $4 billion. "The outlook is dramatic and depressing at times," said Andrew Schaufele, director of the state’s Bureau of Revenue Estimates, during a virtual meeting on Thursday. Schaufele outlin

Fox 45 News: How long will Maryland feel the economic hit of Covid-19?

ANNAPOLIS, Md. (WBFF) -- Maryland State Comptroller Peter Franchot is predicting the economic fallout from the coronavirus will continue for at least the next few months. It comes more than one month after Maryland Governor Larry Hogan issued a “stay at home” order for most residents, with the exception of essential employees. Last month, Franchot predicted the state would collect $2.8 billion less in sales and income tax revenue that originally predicted. Even before state lawmakers adjourned the 2020 session two weeks early, there were troubling economic signs. Amid fears of the coronavirus, restrictions on businesses were already being imposed. But Franchot says nothing compares to the ec

Recent Posts
Archive

B Y  A U T H O R I T Y :  F R I E N D S   O F   P E T E R   F R A N C H O T   |   T O M   G E N T I L E ,   T R E A S U R E R