2018 Maryland Code
Tax - General
Title 2 - Administration by Comptroller
Subtitle 11 - Motor Fuel Tax Revenue Distribution
§ 2-1104. Other distributions
(a) In general. -- Except as otherwise provided in this section, after making the distributions required under ยงยง 2-1101 through 2-1103 of this subtitle, from the remaining motor fuel tax revenue, the Comptroller shall distribute:
(1) 2.3% to the Chesapeake and Atlantic Coastal Bays 2010 Trust Fund;
(2) 0.5% to the Waterway Improvement Fund; and
(3) any remaining balance to the Gasoline and Motor Vehicle Revenue Account of the Transportation Trust Fund.
(b) Computation. -- For each fiscal year beginning on or before July 1, 2015, instead of the distribution required under subsection (a)(1) of this section, the Comptroller shall distribute 2.3% of the remaining motor fuel tax revenue as follows:
(1) to the General Fund of the State:
(i) $ 5,000,000 for each fiscal year beginning on or before July 1, 2011;
(ii) $ 5,000,000 for each of the fiscal years beginning July 1, 2012, July 1, 2013, and July 1, 2014; and
(iii) $ 4,624,687 for the fiscal year beginning July 1, 2015;
(2) $ 8,000,000 to the Budget Restoration Fund for the fiscal year beginning July 1, 2012; and
(3) the balance to the Chesapeake and Atlantic Coastal Bays 2010 Trust Fund.
