News
8:24 am
Wed May 16, 2012

Annapolis Could See Final Passage of Budget Bill

 

ANNAPOLIS, Md. (AP) - The House of Delegates is set to vote on a package of budget measures in a special session.

The House vote on Wednesday could wrap the session, if no changes are made to the bills that already have passed the state Senate.

One measure would increase state income taxes on individuals who make more than $100,000 a year in taxable income and couples who earn more than $150,000.

A companion bill would start shifting some teacher pension costs to local governments over four years.

Gov. Martin O'Malley called the special session to avert about $500 million in cuts that the General Assembly approved after lawmakers failed to pass a similar tax package last month by the regular session deadline.

The special session began on Monday.