Legislative Update #8

This Tax Will Hurt Your Business

Maryland lawmakers are considering legislation (HB 1554/SB 1045) that would impose a new 2.5% sales tax on business-to-business (B2B) services, including accounting, IT support, consulting, marketing and numerous other professional services that businesses rely on daily. Click HERE for a full list of businesses that will be taxed.

While we understand Maryland faces budget challenges, implementing a B2B service tax represents a short-term fix that would create significant long-term problems for Maryland’s economy and competitiveness. The Chamber opposes this tax on business and we need your help to prevent this tax proposal from hurting your business.

Disproportionate Impact on Small Businesses

Small businesses operate on thin margins and lack the resources to absorb new taxes or bring services in-house. Unlike large corporations, small businesses rely heavily on outsourced professional services for accounting, technology support, and other essential functions. This tax would add thousands in new annual costs for businesses already struggling with economic pressures, potentially forcing difficult choices between raising prices, reducing staff, or cutting investments in growth.

Contact Your Legislator

Below is the list of General Assembly members from Anne Arundel County. I would strongly encourage you send them an e-mail and let them know that you oppose this tax on businesses. The budget is scheduled to be approved by March 31, so this tax proposal is going to move quickly, Just click on the email address of the Anne Arundel County delegate in the House of Delegates and share your thoughts, if you need more background information about this tax proposal, Click HERE.

Heather Bagnall         33C      heather.bagnall@house.state.md.us

Sandy Barlett               32         sandy.bartlett@house.state.md.us

Dylan Behler               30A       dylan.behler@house.state.md.us

Mark Chang                 32         Mark.Chang@house.state.md.us

Brian Chisholm           31         brian.chisholm@house.state.md.us

Seth Howard               30B      Seth.Howard@house.state.md.us

Dana Jones                  30A      dana.jones@house.state.md.us

Nick Kipke                     31         nicholaus.kipke@house.state.md.us

LaToya Nkongolo        31         latoya.nkongolo@house.state.md.us 

Andrew Pruski             33A      andrew.pruski@house.state.md.us

Mike Rogers                 32         mike.rogers@house.state.md.us

Stuart Schmidt            33B      stuart.schmidt@house.state.md.us

It is important that Maryland has a balanced budget, but it is shortsighted and unfair to balance the budget on the backs of small businesses. The Chamber encourages the General Assembly to seek a more balanced approach to address budget challenges and seek out policies that encourage business growth and economic expansion. A thriving business community naturally generates increased tax revenue through job creation and economic activity.

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