1072                                   LAWS OF MARYLAND                              Ch. 407

ending in the preceding 31st day of December, and the
State Department of Assessments and Taxation shall file
such report in [their] ITS office, and on or before the
first day of June next in each year preceding January
1st, 1955, and on or before the fifteenth day of April,
in the year 1955 and each year thereafter calculate the
State tax due from such taxpayer on its gross receipts
aforesaid for such year, AFTER CREDITING THE AMOUNT PAID
WITH THE DECLARATION FILED UNDER § 130A, and transmit the
amount of such State tax to the Comptroller of the
treasury, for collection and payment to the State
Treasurer.

133.

It [shall be] IS the duty of the Comptroller of the
treasury to receive such accounts of State taxes so
transmitted to him by the State Department of Assessments
and Taxation and [forthwith] to proceed to notify each
[such] taxpayer of the amount of such State tax DUE,
AFTER CREDITING THE AMOUNT PAID WITH THE DECLARATION
FILED UNDER § 130A, by transmitting by mail to the
president, treasurer or other proper officer of such
taxpayer, an account of such State taxes. The tax shall
be payable without interest at any time on or before
August first of such year, provided the account is mailed
on or before July first; and if the account [shall not
be] IS NOT mailed until after July first, the same shall
be payable without interest at any time within thirty
days after the mailing of the account. All gross
receipts taxes not paid on or before August first, or
within thirty days after the mailing of the account, as
above provided, shall thereafter bear interest at the
rate of one half of one [per cent. ] PERCENT for each
month or fraction of a month; and if [such tax be] THE
TAX IS not paid before the first day of December
following a penalty of five [per cent.] PERCENT on the
amount thereof shall be added; provided, however, that in
the calendar year 1955 and each year thereafter the
Comptroller shall mail all bills for taxes to which this
section relates on or before the first day of May and
said taxes shall be due and payable on the first day of
June, and thereafter they shall bear interest at the rate
of one half of one [per cent. ] PERCENT for each month or
fraction thereof that they remain unpaid, and if [said]
THE tax is not paid before the first day of October
following a penalty of five [per cent.] PERCENT on the
amount [thereof] shall be added.

SECTION 6. AND BE IT FURTHER ENACTED, That new
Section 138A be and it is hereby added to Article 81 —
Revenue and Taxes, of the Annotated Code of Maryland
(1975 Replacement Volume and 1975 Supplement) to read as
follows:

Article 81 - Revenue and Taxes

138A.