(Annapolis, MD) WNAV — The State Comptroller, Peter Franchot, is in communication with lawmakers and the governor about immediate relief efforts for Ukraine.
He is calling on the General Assembly to pass emergency legislation that would create a tax credit. If approved, the credit would go to assistance organizations providing humanitarian relief to the citizens in war torn Ukraine.
The state’s chief tax collector also supports Governor Larry Hogan’s plan to review of all contracts and business relationships with Russian entities in state government.
Comptroller Franchot says the governor should end cargo business from entering the Port of Baltimore.
Mr. Franchot also intends to use every tool available to help the federal government identify Russian assets, properties, holdings, and whatever else that is owned by Russian Oligarchs.
This is in addition to his recent call on Maryland’s Pension System to immediately divest from all Russian assets and holdings.