-Provide Information On How Gas Tax Currently Works And Insight On Possible Impacts Of An Increase On Collections, Businesses And Consumers
WHO: Comptroller Peter Franchot
Jeff Kelly, director, Comptroller’s Field Enforcement Division
David Roose, director, Board of Revenue Estimates
Pete Horrigan, president of the Mid-Atlantic Petroleum Distributors’ Association
Lock Wills Jr., chairman and CEO of The Wills Group (parent company of Southern MD Oil)
WHAT: Given the anticipation of a possible gas tax increase, Comptroller Franchot will host an informational roundtable to clearly lay out how the Maryland tax on gasoline is currently regulated and administered. Comptroller staff will be on hand to answer technical questions about when the tax is applied, how it is paid and how it filters down to consumers. In addition, several different scenarios of any new tax will be explained and explored. Representatives of Maryland’s motor fuel industry will also be on hand to go into further detail on how any possible change could impact Maryland businesses and consumers; both from an administrative and economic viewpoint.
As the state’s regulator of motor fuel, the Comptroller’s Office is charged with administering the state’s gas tax and is also the state expert on how it works. The Comptroller’s Office has a long established working relationship with the industry to ensure efficient and effective collection of all monies owed the state.
WHEN: Tuesday, February 7, 2012, Noon
WHERE: Louis Goldstein Treasury Building
80 Calvert Street, Annapolis, MD
CONTACT: Joe Shapiro, 410-260-7305, office; 443-871-2244, cell