1686                                        LAWS OF MARYLAND                             [Ch. 6

In subsection (c), the present reference to a
"licensed tobacco commission sales agency" is
proposed for deletion and a reference to a
"commission selling agency" is added in light
of the definition set forth in §7-101(c).
The present reference to a "licensed tobacco
sales floor" is proposed for deletion and
"sales floor seller licensee" is substituted
because the person is licensed, not the sales
floor.

The only other changes made are in style.

SEC. 7-412. FEE FOR TOBACCO SOLD ON WAREHOUSE SALES
FLOOR.

(A) COMMISSION SELLING AGENCY TO OBTAIN FEE;
AMOUNT.

EVERY COMMISSION SELLING AGENCY SHALL COLLECT FROM
THE OWNER OR SELLER OF TOBACCO SOLD ON ITS SALES
FLOOR, A FEE NOT EXCEEDING THE RATE OF TEN CENTS PER
BASKET OR 75 CENTS PER HOGSHEAD. AT ANY TIME LESS
THAN 60 DAYS PRIOR TO THE OPENING OF THE SELLING
SEASON, THE AUTHORITY MAY ESTABLISH A LOWER RATE FOR
THAT ONE SEASON IN CONSIDERATION OF ITS NEED FOR FUNDS
IN THE NEXT FISCAL YEAR, OR OTHER POTENTIALLY
AVAILABLE REVENUES, AND FUNDS THE STATE COMPTROLLER
HOLDS ON ITS ACCOUNT. ANY LOWER RATE SHALL BE AT A
LEVEL SUFFICIENT TO KEEP THE SPECIAL FUND AT AN
ADEQUATE LEVEL TO MEET REQUIREMENTS OF THIS SUBTITLE.

(B) COLLECTION OF FEE.

THE COMMISSION SELLING AGENCY SHALL COLLECT THE
FEE WHEN IT MAKES ITS FIRST RETURN TO THE SELLER OR
OWNER FOR THE TOBACCO SOLD. EVERY FEE COLLECTED SHALL
BE PAID OVER AND ACCOUNTED FOR BY THE COMMISSION
SELLING AGENCY TO THE AUTHORITY AT THE END OF EACH
SELLING DAY.

(C) RIGHT TO INSPECT BOOKS AND ACCOUNTS.

THE AUTHORITY OR ITS AGENT, AT ANY REASONABLE
TIME, MAY INSPECT THE BOOKS AND ACCOUNTS OF ANY
COMMISSION SELLING AGENCY TO VERIFY THE CORRECTNESS OF
ANY RETURN.

REVISOR'S NOTE: This section presently appears as
Art. 48, §68(a) of the Code. The only
changes made are in style.