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Session Laws, 1979
Volume 737, Page 1998   View pdf image
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1998                                      LAWS OF MARYLAND                                    Ch. 712

1981 ONLY, the State's share shall be accumulated in the
fund on a monthly basis and each month's share shall be paid
over promptly after the first of each month for the
preceding month into the general fund of the State. [These
moneys shall be available as general fund revenues in fiscal

years 1978, 1979, and 1980 1980, AND 1981 in which

accumulated. In the fiscal year 1981 1982 no lottery
revenues shall be placed in the general fund of the State.
In the fiscal year 1982 1983 and each fiscal year thereafter
the State's share shall be accumulated in the fund on a
fiscal year basis and each twelve—month's share shall be
placed in the general fund of the State for the next fiscal
year.]

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 19 79.

Approved May 29, 1979.

CHAPTER 713

(House Bill 305)

AN ACT concerning

Sales and Use Taxes — Definitions

FOR the purpose of redefining, in the retail sales and use
taxes provisions, the term "price."

BY repealing and reenacting, with amendments,

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be repealed, amended, or enacted to read as follows: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 inc]ude:

(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

 

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Session Laws, 1979
Volume 737, Page 1998   View pdf image
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