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798
LAWS OF MARYLAND
Ch. 210
Exclusions
FOR the purpose of deleting, from the retail sales and use
tax provisions, an exclusion of tangible personal
property destroyed in the manufacture, assembly,
processing, or refining of certain other property or in
the generation of electricity; specifying an exemption,
under the retail sales provisions, substituting an
exclusion for sale of certain property consumed
directly and predominantly in these activities;
defining certain terms; and correcting certain errors.
BY repealing and reenacting, with amendments,
Article 81 - Revenue and Taxes
Section 324(f), 326(dd), and 372(d)
Annotated Code of Maryland
(1975 Replacement Volume and 1978 Supplement)
BY adding to
Article 81 -- Revenue and Taxes
Section 326(ll)
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be repealed, amended, or enacted to read as follows: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:
(f) "Retail sale" and "sale at retail" means the sale
in any quantity or quantities of any tangible personal
property or service taxable under the terms of this
subtitle. The term shall mean all sales, of tangible
personal property to any person for any purpose other than
those in which the purpose of the purchaser is (i) to resell
the property so transferred in the form in which the same
is, or is to be, received by him, —[- (ii) [ to destroy
the property so transferred in the manufacturing,
assembling, processing or refining of other tangible
personal property to be produced for sale or in the
generation of electricity,] TO CONSUME THE PROPERTY SO
TRANSFERRED DIRECTLY AND PREDOMINANTLY IN MANUFACTURING,
ASSEMBLING, PROCESSING, OR REFINING OF TANGIBLE PERSONAL
PROPERTY FOR SALE OR IN THE GENERATION OF ELECTRICITY, IF
THE CONSUMPTION OCCURS WITHIN 1 YEAR AFTER THE TANGIBLE
PERSONAL PROPERTY FIRST IS USED FOR OR APPLIED TO ANY OF
THESE PURPOSES, or -[-(iii)-](II) to use or incorporate
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