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Ch. 246
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1902
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LAWS OF MARYLAND
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taxable year shall be paid with the corporate income tax
return on or before the fifteenth day of the fourth month
following the close of the taxable year.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1977.
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Approved April 29, 1977.
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CHAPTER 247
(House Bill 237)
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AN ACT concerning
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Appropriations to State Aided Associations and
Institutions - Agreements and Annual Accounts
FOR the purpose of requiring that all grants, subsidies
and contributions be supported by underlying
agreements; requiring the filing of an annual
account by certain associations or institutions
which receive an appropriation funds from the State;
specifying the form and time of filing of the
account; requiring certain accounts to be filed with
certain State agencies and requiring certain
accounts to be filed with the State Comptroller;
requiring the State agencies or the Comptroller who
receives the annual reports from the associations or
institutions to determine if the funds have been
expended and accounted for consistent with the
underlying agreements; requiring the State agencies
and Comptroller to inform the Department of Budget
and Fiscal Planning and the Department of Fiscal
Services of any inconsistencies noted between the
agreements and the actual expenditures or operations
of the associations and institutions; and
authorizing an audit to ensure compliance with the
agreement and accounting requirements.
BY repealing
Article 19 ? Comptroller
Section 28
Annotated Code of Maryland
(1973 Replacement Volume and 1976 Supplement)
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BY adding to
Article 19 ? Comptroller
Section 28
Annotated Code of Maryland
(1973 Replacement Volume and 1976 Supplement)
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