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Stock impact report

Baltimore City ballot Question H could cut the size of city council by half [CBS News]

Sinclair Broadcast Group, Inc. - Class A (SBGI) 
Last sinclair broadcast group, inc. - class a earnings: 2/26 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: sbgi.net/investor-relations
Company Research Source: CBS News
The city council includes the council president and council members from 14 districts. If passed, the ballot measure would decrease the number of council seats by half, leaving eight members. The mayor would have to craft a redistricting plan for the city's next election year. Support for Question H The question was proposed by a group called the People for Elected Accountability and Civic Engagement, or P.E.A.C.E. The group is funded by David Smith, Chairman of Sinclair Broadcast Group. P.E.A.C.E. has been advocating for city council term limits, and the effort was approved by voters in 2022. According to our media partner The Baltimore Banner , Smith spent $415,000 on the measure during the 2024 election cycle. P.E.A.C.E. argued the ballot measure would save taxpayers money , and when asked about the funds Smith spent, they said more people should be involved in the political process. The group also hopes the legislation will increase transparency and accountability wit Show less Read more
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