Maryland Political Subdivisions - Miscellaneous Provisions Section 9-1101

      (a)      (1)      For each fiscal year, the Comptroller shall distribute to a county the amount determined for each county under this section.

            (2)      The amount a county shall receive under this section in any fiscal year shall be based on the county income tax collected from individuals for the taxable year that ended in the second prior fiscal year, from returns filed through August 15 immediately preceding the applicable fiscal year, as determined by the Comptroller.

      (b)      (1)      For each fiscal year, the Comptroller shall determine as rounded to the nearest cent:

                  (i)      The per capita yield of the county income tax for each county, based on:

                        1.      Unless a county income tax rate of other than 2.54% was in effect, the receipts described in subsection (a)(2) of this section;

                        2.      The population of the county as last projected by the Department of Health and Mental Hygiene for July 1 of the applicable taxable year or the latest decennial census for the applicable taxable year; and

                        3.      If the county income tax rate is other than 2.54% in the applicable taxable year, the receipts described in subsection (a)(2) of this section that would have been received if a county income tax rate of 2.54% had been in effect; and

                  (ii)      The per capita statewide yield of the county income tax, based on:

                        1.      The total receipts for county income tax described in subsection (a)(2) of this section for counties with an income tax rate of 2.54% in effect;

                        2.      The State population as last projected by the Department of Health and Mental Hygiene for July 1 of the applicable taxable year or the latest decennial census for the applicable taxable year; and

                        3.      For counties with an income tax rate of other than 2.54% in effect, the total receipts for county income tax described in subsection (a)(2) of this section that would have been received if a county income tax rate of 2.54% had been in effect.

            (2)      If the per capita yield of the county income tax for a county determined under paragraph (1)(i) of this subsection is less than 75% of the per capita statewide yield of the county income tax determined under paragraph (1)(ii) of this subsection, the Comptroller shall determine the amount that would increase the county per capita yield to equal 75% of the statewide per capita yield, as rounded to the nearest dollar.

            (3)      A county may not receive a distribution under this subsection if the county tax rate in that county was less than 2.4%:

                  (i)      For the taxable year that ended in the second prior fiscal year; or

                  (ii)      For any subsequent taxable year through the taxable year that ends in the current fiscal year.

      (c)      The Comptroller shall make payments of the additional amounts provided under this section quarterly during the fiscal year for which the payment is made.