|
THEODORE R. MCKELDIN, GOVERNOR 175
[See page image for strike-through]
AN ACT TO REPEAL AND RE-ENACT, WITH AMENDMENTS,
SECTION 325 OF ARTICLE 81 OF THE ANNOTATED CODE
OF MARYLAND (1957 EDITION), TITLE "REVENUE AND
TAXES", SUB-TITLE "RETAIL SALES TAX ACT", TO IN-
CREASE THE RATE OF THE RETAIL SALES TAX; AND
TO REPEAL AND RE-ENACT, WITH AMENDMENTS, SEC-
TION 373 OF ARTICLE 81 OF THE ANNOTATED CODE OF
MARYLAND (1957 EDITION), TITLE "REVENUE AND
TAXES", SUB-TITLE "MARYLAND USE TAX", TO IN-
CREASE THE RATE OF THE USE TAX; AND TO REPEAL
AND RE-ENACT, WITH AMENDMENTS, SECTION 326 (G)
OF SAID ARTICLE AND SUB-TITLE TO PROVIDE THAT
THE RATE OF TAX IMPOSED ON CERTAIN FARM EQUIP-
MENT AND VEHICLES BE EQUAL TO THAT IMPOSED
ON MOTOR VEHICLES UNDER THE TITLING TAX PRO-
VISIONS OF SECTION 29 OF ARTICLE 66i/2 OF THE ANNO-
TATED CODE OF MARYLAND (1957 EDITION).
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEM-
BLY OF MARYLAND, THAT SECTION 325 OF ARTICLE 81
OF THE ANNOTATED CODE OF MARYLAND (1957 EDITION),
TITLE "REVENUE AND TAXES", SUB-TITLE "RETAIL
SALES TAX ACT", BE AND THE SAME IS HEREBY RE-
PEALED AND RE-ENACTED, WITH AMENDMENTS, TO
READ AS FOLLOWS:
325. (RATE OF TAX.) FOR THE PRIVILEGE OF SELLING
CERTAIN TANGIBLE PERSONAL PROPERTY AT RETAIL AS
DEFINED ABOVE AND FOR THE PRIVILEGE OF DIS-
PENSING CERTAIN SELECTED SERVICES DEFINED AS
SALES AT RETAIL BY SECTION 324 (F) OF THIS SUB-TITLE,
A VENDOR SHALL COLLECT FROM THE PURCHASER A
TAX AT THE RATE SPECIFIED IN THIS SECTION ON THE
PRICE OF EACH SEPARATE RETAIL SALE MADE IN THIS
STATE ON OR AFTER THE DATE OF THIS ACT. THE TAX
IMPOSED BY THIS SECTION SHALL BE PAID BY THE PUR-
CHASER AND SHALL BE COMPUTED SUBJECT TO THE
TERMS AND CONDITIONS OF SECTION 334 OF THIS SUB-
TITLE, AS FOLLOWS:
(A) ON EACH SALE WHERE THE PRICE IS FROM FIFTY-
ONE (51c) CENTS TO SIXTY-SIX CENTS (66c), BOTH INCLU-
SIVE, TWO CENTS (2c);
|
 |
