Ch. 409                           MARVIN MANDEL, Governor                                865

proceeds of the tax collected under § 136(g) of this subtitle) according to the
provisions of § 29A of Article 89B of this Code [; and (4) forthwith credit the
balance to the gasoline and motor vehicle revenue account of the Transportation
Trust Fund established under Article 94A], (4) CREDIT THE NET PROCEEDS
COLLECTED UNDER § 136(H) OF THIS SUBTITLE TO THE GASOLINE
AND MOTOR VEHICLE REVENUE ACCOUNT OF THE
TRANSPORTATION TRUST FUND ESTABLISHED UNDER ARTICLE
94A, (5) ALLOCATE THREE-EIGHTHS OF ONE PERCENT OF THE
REMAINDER TO THE USE OF THE WATERWAYS IMPROVEMENT
FUND AND THE SAME AMOUNT TO THE USE OF THE FISHERIES
RESEARCH AND DEVELOPMENT FUND, AND (6) FORTHWITH
CREDIT THE BALANCE TO THE GASOLINE AND MOTOR VEHICLE
REVENUE ACCOUNT OF THE TRANSPORTATION TRUST FUND
ESTABLISHED UNDER ARTICLE 94A.

151.

(d) [Of the net motor vehicle fuel tax revenues available for distribution under
this section, as determined by the Gasoline Tax Division three-eighths of one
percent shall be allocated to the use of the Waterways Improvement Fund and
three-eighths of one percent shall be allocated to the Fisheries Research and
Development Fund.]

From and after July 1, 1968, no further refund of taxes on motor vehicle fuel,
as defined in this subtitle shall be allowed for watercraft usage, except in the case
of watercraft used and devoted to commercial purposes, the refunds of which shall
continue to be paid from the gross revenues of the gasoline tax.

SEC. 2. AND BE IT FURTHER ENACTED, That Section 412A be and it is
hereby added to Article 81 of the Annotated Code of Maryland (1969
Replacement Volume), title "Revenue and Taxes," subtitle "Road Tax on Motor
Carriers," to follow immediately after Section 412 thereof, and to read as follows:

412A.

ALL TAXES AND FEES IMPOSED BY THIS SUBTITLE IN ANY
CALENDAR MONTH OR THREE-MONTH PERIOD SHALL BE PAID TO
THE COMPTROLLER AND CREDITED TO THE TRANSPORTATION
TRUST FUND PURSUANT TO ARTICLE 94A OF THIS CODE. REFUNDS
DUE UNDER THIS SUBTITLE SHALL BE PROVIDED FOR FROM
FUNDS COLLECTED PURSUANT TO §136 OF ARTICLE 56 OF THIS
CODE.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1973.

Approved May 21, 1973.