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House panel kills Hogan filing fee reduction bill

Gov. Larry Hogan‘s legislative agenda absorbed its first loss of the year Friday as the House Economic Matters Committee voted against a bill that would have reduced the filing fees paid by corporations and other business groups.

Such business entities pay an annual filing fee of $300 to the state. The governor’s bill would have cut the fees by $50 each year until they reached $100. According to General Assembly budget analysts, the measure would have cost $15 million by July 1, 2017 and increased to $61 million in four years.

Hogan spokesman Doug Mayer expressed disappointment at the demise of a bill that was touted as an economic development measure.

Read the full article from The Baltimore Sun.


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