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771
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MARVIN MANDEL, Governor
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(2) AS TO A VEHICLE REGISTERED UNDER §13-109(C) OF
THIS TITLE WITHOUT A CERTIFICATE OF TITLE, BEFORE THE
REGISTRATION OF THAT VEHICLE.
REVISOR'S NOTE: This section is new language added
for clarity and to avoid unnecessary
repetition in this Part of when and to whom
the excise tax is to be paid.
13-809. IMPOSITION OF TAX.
(A) DEFINITIONS.
(1) IN THIS SECTION THE FOLLOWING WORDS HAVE
THE MEANINGS INDICATED.
(2) "FAIR MARKET VALUE" MEANS:
(I) AS TO THE SALE OF ANY NEW OR USED
VEHICLE BY A LICENSED DEALER, THE TOTAL PURCHASE PRICE,
AS CERTIFIED BY THE DEALER;
(II) AS TO A USED VEHICLE THAT IS SOLD BY
ANY PERSON OTHER THAN A LICENSED DEALER AND THAT HAS A
DESIGNATED MODEL YEAR THAT IS 7 YEARS OLD OR OLDER, THE
GREATER OF;
1. THE TOTAL PURCHASE PRICE; OR
2. $100;
(III) AS TO ANY OTHER USED VEHICLE THAT IS
SOLD BY ANY PERSON OTHER THAN A LICENSED DEALER, EITHER:
1. THE TOTAL PURCHASE PRICE; OR
2. THE VALUATION SHOWN IN A NATIONAL
PUBLICATION OF USED CAR VALUES ADOPTED FOR USE BY THE
DEPARTMENT; AND
(IV) IN ANY OTHER CASE, THE VALUATION SHOWN
IN A NATIONAL PUBLICATION OF USED CAR VALUES ADOPTED FOR
USE BY THE DEPARTMENT.
(3) "TOTAL PURCHASE PRICE" MEANS THE PRICE OF
A VEHICLE AGREED ON BY THE BUYER AND THE SELLER, WITH NO
ALLOWANCE FOR TRADE-IN.
(B) TAX IMPOSED.
EXCEPT AS OTHERWISE PROVIDED IN THIS PART, IN
ADDITION TO ANY OTHER CHARGE REQUIRED BY THE MARYLAND
VEHICLE LAW, AN EXCISE TAX IS IMPOSED:
(1) FOR EACH ORIGINAL AND EACH SUBSEQUENT
CERTIFICATE OF TITLE ISSUED IN THIS STATE FOR A MOTOR
VEHICLE, TRAILER, OR SEMITRAILER; AND
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