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1430 LAWS OF MARYLAND Ch. 683
companies which pay an annual
filing fee of $25 to the Insurance
Commissioner, national banks,
building or homestead
associations, savings and loan
associations, credit unions,
corporations having no capital
stock and charitable benevolent
institutions) $40
Annual report of a foreign building or
homestead association, savings
and loan association,
NATIONAL BANK, or credit
union subject to the jurisdiction
of this State $10
Other papers $4
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1973.
Approved May 24, 1973.
CHAPTER 684
(Senate Bill 454)
AN ACT to repeal and re-enact, with amendments, Section 375(d) of Article 81 of
the Annotated Code of Maryland (1969 Replacement Volume), title "Revenue
and Taxes," subtitle "Maryland Use Tax," subheading "In General," to exempt
certain tangible personal property temporarily in the State from the Maryland
Use Tax [[.]], and to provide for the conditions under which this property
becomes taxable.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 375(d) of Article 81 of the Annotated Code of
Maryland (1969 Replacement Volume), title "Revenue and Taxes," subtitle
"Maryland Use Tax," subheading "In General," be and it is hereby repealed and
re-enacted, with amendments, to read as follows:
375.
(d) Tangible personal property purchased or acquired prior to coming into this
State by a person a nonresident thereof for his, her, or its or their own use or
enjoyment while temporarily in this State, or for such other use as the Comptroller
may by regulation specify.
This section shall not apply to any property which is brought into this State for
the purpose of engaging in or carrying on any business or for the purpose of
making a profit, OTHER THAN TANGIBLE PERSONAL PROPERTY
WHICH IS BROUGHT INTO THIS STATE TEMPORARILY FOR THE
PURPOSE OF USE IN OR IN CONJUNCTION WITH THE
PRESENTATION OF ANY SPORTING EVENT, EXHIBITION, EXHIBIT,
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