BLAIR LEE III, Acting Governor

2615

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1978.

Approved May 29, 1978.

CHAPTER 890

(Bouse Bill 667)

AN ACT concerning

Retail Sales Tax — Exemption for Items Sold
in Hospital Thrift Shops

FOR the purpose of exempting items sold in certain hospital
thrift shops from the retail sales tax.

BY adding to

Article 81 - Revenue and Taxes

Section 326(ii)

Annotated Code of Maryland

(1975 Replacement Volume and 1977 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 81 - Revenue and Taxes

ANY COUNTY OR BALTIMORE CITY TO ASSIST IN FUNDING SERVICES
OR FACILITIES LOCATED WITHIN SIX MILES OF A RACETRACK AND
OCCASIONED BY THE RACETRACK'S PRESENCE IF THE COUNTY OR
BALTIMORE CITY FAILS TO COMPLY WITH SUBSECTION (E) ABOVE.

IF THE REPORT SUBMITTED PURSUANT TO SUBSECTION (E) CONTAINS

ITEMS OF INTENDED USE WHICH, IN THE JUDGMENT OF THE

PRESENCE OF A RACETRACK, THE AMOUNT OF ANY SUCH INTENDED USE

SHALL BE DEDUCTED FROM ANY PAYMENT TO BE MADE TO THE COUNTY
OR BALTIMORE CITY. UNLESS THE COUNTY OR BALTIMORE CITY

SUBMITS BY THE__SPECIFIED TIME A REPORT CONTAINING THE

INFORMATION REQUIRED BY SUBSECTION (E) OF THIS SECTION.

(3) (2) ANY SUCH FUNDS WHICH WOULD OTHERWISE
BE AVAILABLE FOR PAYMENTS IN ANY FISCAL YEAR TO A COUNTY OR
BALTIMORE CITY, BUT WHICH ARE NOT SO PAID BECAUSE OF THE
PROVISIONS OF THIS SUBSECTION (F), SHALL REVERT TO THE

GENERAL FUNDS OF THE STATE AT THE END OF THE FISCAL YEAR IN

WHICH THEY WOULD OTHERWISE HAVE BEEN PAYABLE. BE HELD BY

THE COMPTROLLER IN A SPECIAL ACCOUNT AND ADDED TO THE MONEYS
AVAILABLE FOR PAYMENT IN THE NEXT FISCAL YEAR TO THAT COUNTY
OR BALTIMORE CITY,