2013 Maryland Code
TAX - GENERAL
§ 2-613 - To refund account
§2-613.
From the income tax revenue from corporations, the Comptroller shall distribute the amount necessary to pay refunds relating to income tax from corporations to the income tax refund account.
§ 2-613 - 1. To Higher Education Investment Fund.
After making the distribution required under § 2-613 of this subtitle, of the remaining income tax revenue from corporations, the Comptroller shall distribute:
(1) 6% to the Higher Education Investment Fund established under § 15-106.6 of the Education Article; and
(2) 9.15% to the General Fund.
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