Committee to hear testimony on taxANNAPOLIS -- The Senate...


January 28, 1994

ANNAPOLIS — Committee to hear testimony on tax

ANNAPOLIS -- The Senate Budget and Taxation Committee will hear testimony at 1 p.m. today on a bill sponsored by Sen. Larry E. Haines, R-District 5, on lowering the state's capital gains tax.

Mr. Haines, a Westminster Realtor, is sponsoring Senate Bill 204, which would reduce the amount of capital gains subject to taxes.

Currently, 100 percent of the profit from an investment is taxed. Only 50 percent would be taxed under the senator's proposal.

3 injured in accidents are in Shock Trauma

Three people who were injured in two traffic accidents Jan. 20 and 21 remained in the Maryland Shock Trauma Center in Baltimore yesterday.

Sheila A. Robertson, 46, of the 2700 block of Sykesville Road, the driver of a Chevrolet Corsica involved in a collision at Old Manchester Road and Route 482 last Thursday, was listed in good condition by a hospital spokeswoman.

Helen C. Drummond, 57, of Hampstead, a passenger in a Geo Storm that was struck by the Corsica, was listed in fair condition.

The driver of the Geo, Laura Ann Sanders, 18, also of Hampstead, and William T. Drummond, 8, her cousin, were both released from the same hospital Saturday.

Billy Matthews, 20, of Owings Mills, a passenger in a three-car collision about 5:30 p.m. Friday on Malcolm Drive at Nursery Road in Westminster, was in fair condition.

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