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MARVIN MANDEL, Governor 2709
CHAPTER 672
(Senate Bill 350)
AN ACT concerning
Motor Vehicles — Excise Tax
FOR the purpose of increasing the rate of the excise tax
imposed upon the fair market value of certain
vehicles at the time of a transfer; amending the
rate of commission which certain licensed dealers
may keep for collecting and remitting this tax to
the Motor Vehicle Administration; and providing for
the disposition of the proceeds of the tax by the
State Comptroller.
BY repealing and reenacting, with amendments,
Article - Transportation
Sections 13-809(c), 13-812(a), and 13-814(b)
Annotated Code of Maryland
(As enacted by Chapter_____of the Acts
of the General Assembly of 1977)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Sections 13-809(c), 13-812 (a), and
13-814(b) of Article - Transportation, of the Annotated
Code of Maryland (As enacted by Chapter_____ of the Acts of
the General Assembly of 1977) be and they are hereby
repealed and reenacted, with amendments, to read as
follows:
Article - Transportation
13-80 9.
(c) (1) The tax imposed by this section is [4] 5
percent of the fair market value of the vehicle.
(2) If the vehicle formerly was a vehicle
exempt from the tax imposed by this section, the tax
shall be reduced by any amount previously paid by the
present owner as a retail sales tax on the vehicle under
the retail sales tax act of the code.
13-812.
(a) For collecting and remitting the tax, a
licensed dealer who, on behalf of the administration,
collects the excise tax imposed by this part for any
Class A (passenger) vehicle, Class D (motorcycle)
vehicle, or Class G (trailer) travel trailer or camping
trailer, may keep [2] 1.2 percent of the gross excise tax
he collects for these vehicles.
13-814.
(b) The State Comptroller shall:
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