Comptroller Peter Franchot

March 25, 2020 | Jordan Lindsay

Comptroller Franchot Speaks on Economic Impact of COVID-19 Outbreak

The state mandated Executive Order that has been put in place requires social distancing to limit the spread of the novel coronavirus. As a result, several small businesses have been required limit their hours, while some have had to close their doors completely until further notice. This pandemic is impacting not only businesses but individuals […]

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March 23, 2020 | Staff Writer

photo of calculator and income tax forms

IRS Extends Deadline to File, Pay Taxes Until July 15

The Internal Revenue Service (IRS) announced Saturday, that the deadline to file and pay federal income tax has been extended from April 15 to July 15 in response to the COVID-19 outbreak. This applies to individuals and businesses. And there is no need to file Form 4868 (individual taxpayer) or Form 7004 (business) for the […]

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March 12, 2020 | Jordan Lindsay

Business Tax Filing Deadline Extended Due to Coronavirus Economic Impact

In an effort to help businesses that have been economically impacted by the coronavirus [COVID-19], Comptroller Peter Franchot announced he will extend business-related tax filing deadlines. The June 1 extension will be for certain business returns with due dates during the months of March, April and May 2020. A press release states that this applies […]

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February 18, 2020 | Maryam Shahzad

Comptroller Franchot Endorses Klobuchar for President

State Comptroller Peter Franchot endorsed Sen. Amy Klobuchar for president on Sunday. Klobuchar (D-Minn.) announced her candidacy for the 2020 presidential race in Feb. 2019. She was the first woman to be elected to the U.S. Senate from Minnesota in 2006.  Franchot, a Democrat, has been comptroller since 2007. He announced his run for governor […]

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January 9, 2020 | Maryam Shahzad

Comptroller Peter Franchot Announces Run for Governor in 2022

State Comptroller Peter Franchot, 72, announced his plan to run for governor in 2022 at Denizens Brewing Co. in Silver Spring on Monday. He is the first person to announce their candidacy for the position.  Standing before a crowd of more than 50 people at @DenizensBrewing in Silver Spring, Maryland Comptroller @peterfranchot says he’s absolutely […]

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January 3, 2020 | Douglas Tallman

Franchot, Hogan Agree on Highway-Widening Plan

A massive highway widening project, designed to relieve congestion on the Capital Beltway and I-270, had stalled in Annapolis, but will now go forward after Gov. Larry Hogan and Comptroller Peter Franchot agreed to limit the scope of the first phase. On Friday, Hogan sent out a brief tweet saying he and Franchot had reached […]

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December 3, 2019 | Douglas Tallman

Advocates Call For Limiting Vape Products to Teenagers

COLLEGE PARK — To cut back on the marked increase of e-cigarette use by teenagers, advocates called for limiting the access of electronic smoking devices at the first meeting of a task force to determine the state’s next regulatory steps. The advocates called on increased taxes to put the cost out of reach for teens […]

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November 26, 2019 | Douglas Tallman

Franchot to Convene Task Force on Electronic Smoking Devices

A Maryland task force meets for the first time Tuesday in College Park to examine the public health and safety implications of electronic smoking devices. Created by Comptroller Peter Franchot, the state’s chief regulator of tobacco, the “e-facts Task Force” will produce a final report in early 2020, in time for the Maryland General Assembly […]

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October 23, 2019 | Staff Writer

Comptroller Launches Vaping Study Task Force

Because of the growing number of reports about serious illnesses, lung disease and deaths attributable to vaping, Comptroller Peter Franchot announced Wednesday he is creating a task force to examine the public health and safety implications of electronic smoking devices (ESD). As comptroller, Franchot is Maryland’s chief tobacco regulator. In a statement, he said his […]

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August 8, 2019 | Staff Writer

Maryland Tax-Free Week Starts Sunday

Maryland college students can also win $2,500 scholarship During Maryland’s Tax-Free Week, any single qualifying article of clothing or footwear priced $100 or less — regardless of how many items are purchased at the same time — will be exempt from the state’s 6 percent sales tax. The first $40 of any backpack or bookbag […]

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