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Session Laws, 1980
Volume 739, Page 1924   View pdf image
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1924

LAWS OF MARYLAND

Ch. 532

[thereof as is] allocable to this State under the provisions
of § 316 [hereof] OF THIS ARTICLE. THE REVENUE PRODUCED BY
THIS TAX SHALL BE DIVIDED AS FOLLOWS:

(1) 4 1/4 PERCENT OF THE NET CORPORATE INCOME
ALLOCABLE TO THE STATE UNDER § 316 OF THIS ARTICLE SHALL BE
PAID TO THE GENERAL TREASURY OF THE STATE; AND

(2) 2 PERCENT OF THE NET CORPORATE INCOME

ALLOCABLE TO THE STATE UNDER § 316 SHALL BE PAID TO THE
TRANSPORTATION REVENUE SHARING ACCOUNT OF THE TRANSPORTATION
TRUST FUND.

288A.

OF THE NET RECEIPTS (INCLUDING ESTIMATED PAYMENTS,
INTEREST AND PENALTIES) COLLECTED FROM THE TAXES IMPOSED
UNDER SECTION 288 OF THIS ARTICLE ON THE NET INCOME OF
CORPORATIONS (DOMESTIC OR FOREIGN), THE COMPTROLLER, AFTER
FIRST DEDUCTING THE AMOUNTS DISTRIBUTED TO THE
TRANSPORTATION TRUST FUND UNDER SECTION 288(C) OF THIS
ARTICLE, SHALL DISTRIBUTE MONTHLY FROM THE REMAINING FUNDS:

(1)  16 PERCENT TO THE GASOLINE AND MOTOR VEHICLE
REVENUE ACCOUNT IN THE TRANSPORTATION TRUST FUND; AND

(2)  32 PERCENT FOR FISCAL YEARS ENDING ON OR
BEFORE JUNE 30, 1985 AND 40 PERCENT FOR ALL FISCAL YEARS
THEREAFTER TO THE TRANSPORTATION REVENUE SHARING ACCOUNT IN
THE TRANSPORTATION TRUST FUND. ALL OTHER AMOUNTS SHALL BE
CREDITED TO THE GENERAL FUND.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1980.

Approved May 20, 1980.

CHAPTER 533

(House Bill 1195)

AN ACT concerning

Community Adult Rehabilitation Centers

FOR the purpose of providing for a State Commission on
Correctional Standards; providing for the need and cost
of starting new adult rehabilitation centers; providing
for the conditions, criteria, and procedures for
placement of a person in a center; designating who
shall have financial responsibility for center
operating costs; providing for the procedure regarding
the release of certain information; making technical

 

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Session Laws, 1980
Volume 739, Page 1924   View pdf image
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