2013 Maryland Code
TAX - GENERAL
§ 2-1302 - To administrative cost account

§2-1302.

After making the distribution required under § 2-1301 of this subtitle, from the remaining sales and use tax revenue, the Comptroller shall distribute the amount necessary to administer the sales and use tax laws to an administrative cost account.

§ 2-1302 - 1. Distribution of sales and use tax revenues to Transportation Trust Fund

(a) In general. -- Except as otherwise provided in this section, after making the distributions required under §§ 2-1301 and 2-1302 of this subtitle, of the sales and use tax collected on short-term vehicle rentals under § 11-104(c) of this article the Comptroller shall distribute:

(1) 45% to the Transportation Trust Fund established under § 3-216 of the Transportation Article; and

(2) the remainder to the Chesapeake Bay 2010 Trust Fund.

(b) Computation. -- For each fiscal year beginning on or before July 1, 2014, after the distribution required under subsection (a)(1) of this section, the Comptroller shall distribute the remainder of the sales and use tax collected on short-term vehicle rentals under § 11-104(c) of this article as follows:

(1) to the General Fund of the State:

(i) $ 15,169,444 for the fiscal year beginning July 1, 2011;

(ii) $ 10,076,582 for the fiscal year beginning July 1, 2012;

(iii) $ 6,535,845 for the fiscal year beginning July 1, 2013; and

(iv) $ 3,049,199 for the fiscal year beginning July 1, 2014; and

(2) the remainder to the Chesapeake Bay 2010 Trust Fund.

§ 2-1302 - 2. Portion of revenue to Transportation Trust Fund [Effective December, 2015 contingent on enactment of regulations].

After making the distributions required under §§ 2-1301 through 2-1302.1 of this subtitle, the Comptroller shall pay 4% of the remaining sales and use tax revenue into the Transportation Trust Fund established under § 3-216 of the Transportation Article.

§ 2-1302 - 2. Portion of revenue to Transportation Trust Fund [Section subject to abrogation]. (Aborgation of section effective December 1, 2015.)

Abrogated.