HARRY HUGHES, Governor

1777

Article 81 — Revenue and Taxes

Section 324(i) and 372(g)

Annotated Code of Maryland

(1975 Replacement Volume and 1978 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be repealed, amended, or enacted to read as follows: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

324.

As used in this subtitle, the following terms shall
mean or include:

(i) "Price" means the aggregate value in money of any
thing or things paid or delivered, or promised to be paid or
delivered by a purchaser to a vendor in the consummation and
complete performance of a retail sale without any deduction
therefrom on account of the cost of the property sold, cost
of materials used, labor or service cost, or any other
expense whatsoever. "Price" [shall] DOES not include the
following:

(1)   The consideration received for labor or
services used in installing or applying the property sold if
the consideration for such services is separately stated
from the consideration received for the tangible personal
property in the retail sale.

(2)   The consideration received for professional
services rendered in connection with the sale of any
tangible personal property if the consideration for such
services is separately stated from the consideration
received for the tangible personal property transferred in
the retail sale.

(3)   The amount paid by any purchaser as, or in
the nature of interest or finance charges on account of
credit extended in connection with the sale of any tangible
personal property if the interest or finance charges are
separately stated from the consideration received for the
tangible personal property transferred in the retail sale.

(4)   The amount paid by any purchaser on account
of any bona fide freight, delivery and other transportation
charges in connection with any sale of tangible personal
property if said freight, delivery or other transportation
charges are stated or shown as a separate item from the
price of the tangible personal property transferred in the
retail sale.

(5)   The amount of a sales or service tax imposed
by a county or Baltimore City on the sale of natural or
artificial gas, oil, electricity, coal, nuclear fuel
assemblies, or steam.