2010 Maryland Code
TAX - GENERAL
TITLE 8 - FRANCHISE TAXES
Subtitle 3 - Savings and Loan Association Franchise Tax
Section 8-301 - Imposition of tax.
§ 8-301. Imposition of tax.
(a) Franchise tax on deposits.- For all taxable years beginning before January 1, 2001, a franchise tax, measured by deposits held in the State, is imposed, for each calendar year, on each savings and loan association.
(b) Termination of savings and loan franchise tax.- For all taxable years beginning after December 31, 2000, the savings and loan association franchise tax is terminated.
[An. Code 1957, art. 81, § 128B; 1988, ch. 2, § 1; ch. 565; 2000, ch. 225, § 1.]
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