MARVIN MANDEL, Governor                            1059

the final determination of the same, be increased or
decreased as affecting an "estate" the transfer of any
part whereof is taxable hereunder subsequent to the
payment of the "Maryland estate tax," the said "Maryland
estate tax" imposed shall be changed accordingly. Any
additional "Maryland estate tax" shall be payable at the
same time or times at which the additional "federal
estate tax" is payable and shall bear interest thereon at
the rate of [6%] NINE PERCENT per annum from [fifteen] 15
months after the date of death of the "decedent" to the
date of payment of such additional "Maryland estate tax."
The rate of interest shall be reduced to agree with a
reduced federal interest rate. In the event that there
shall be a decrease in [said] THE "federal estate tax,"
[said] THE "executor" shall file with the Comptroller of
the State of Maryland an affidavit in such form as is
prescribed by [said] THE Comptroller. [Said] THE
Comptroller shall thereupon cause to be paid to [said]
THE "executor" the amount of refund found to be due,
together with interest thereon at the rate of [six per
centum (6%)] NINE PERCENT PER ANNUM from the date of
payment of the "Maryland estate tax." Refund shall be
paid by the Comptroller because of payment of Maryland
inheritance taxes subsequent to the payment or payments
of the "Maryland estate tax" or because of demonstrable
error in the "Maryland estate tax return" but such
refunds shall not be subject to the payment of interest
by the Comptroller. A claim for refund of Maryland
estate tax shall be filed within three [ (3)] years after
the event which causes the refund to become due, provided
that no interest will be due on any such claim which has
not been filed within one [(1) ] year, after such event.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1975.

Approved April 8, 1975.

CHAPTER 138
(Senate Bill 552)

AN ACT concerning

Tobacco Tax — Interest

FOR the purpose of increasing the interest rate
applicable on assessments of tobacco tax on sales of
unstamped cigarettes and sales which were not