|
MARVIN MANDEL, Governor 1059
SO IMPOSED, SHALL BE IN INCREMENTS OF FIVE (5) PER-
CENT.
FOR THE PURPOSE OF THIS SUBSECTION, "RESIDENT
OF ANY COUNTY OR BALTIMORE CITY" MEANS AN IN-
DIVIDUAL RESIDENT OF MARYLAND AS DEFINED BY SEC-
TION 279 (I) OF THIS ARTICLE WHO IS DOMICILED IN OR
MAINTAINED HIS PRINCIPAL RESIDENCE OR PLACE OF
ABODE IN BALTIMORE CITY OR ANY COUNTY OF THIS
STATE AS OF THE LAST DAY OF A PARTICULAR TAXABLE
PERIOD. IN THE CASE OF A FIDUCIARY—"RESIDENT OF
ANY COUNTY OR BALTIMORE CITY" INCLUDES A TRUSTEE
HAVING A SITUS IN BALTIMORE CITY OR ANY COUNTY OF
THIS STATE FROM WHICH THE FIDUCIARY ESTATE IS
PRINCIPALLY ADMINISTERED, MANAGED, OR DIRECTED.
Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1969.
Approved May 2, 1969.
CHAPTER 423
(Senate Bill 225)
AN ACT to repeal and re-enact, with amendments, Section 324 (f)
(4) of Article 81 of the Annotated Code of Maryland (1965 Re-
placement Volume and 1968 Supplement), title "Revenue and
Taxes," subtitle "Retail Sales Tax Act," to include the nonsalvage-
able portion of nuclear fuel assemblies among the fuels covered by
this subsection, thus exempting them from sales tax when used in
manufacturing, assembling, processing or refining. , REFINING,
OR IN THE GENERATION OF ELECTRICITY.
Section 1. Be it enacted by the General Assembly of Maryland,
That Section 324 (f) (4) of Article 81 of the Annotated Code of
Maryland (1965 Replacement Volume and 1968 Supplement), title
"Revenue and Taxes," subtitle "Retail Sales Tax Act," be and it is
hereby repealed and re-enacted, with amendments, to read as follows:
324.
(f) "Retail sale" and "sale at retail" shall mean the sale in any
quantity or quantities of any tangible personal property or service
taxable under the terms of this subtitle. Said terms shall mean all
sales of tangible personal property to any person for any purpose
other than those in which the purpose of the purchaser is (i) to
resell the property so transferred in the form in which the same is,
or is to be received by him, (ii) to destroy the property so trans-
ferred in the manufacturing, assembling, processing or refining of
other tangible personal property to be produced for sale, or (iii) to
use or incorporate the property so transferred as a material or part,
of other tangible personal property to be produced for sale by manu-
facturing, assembling, processing or refining. Tangible personal
property shall be considered to be destroyed in manufacturing, proc-
|
