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ROBERT L. EHRLICH, JR., Governor H.B. 1345
(e) The Maryland Department of Transportation shall submit a report to the
General Assembly on or before December 15, 2006, in accordance with § 2-1246 of the
State Government Article, that includes the studies and analysis required under this
section.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the subtitle designation "Subtitle 4. Transportation Revenue
Sharing Fund" of Title 3 of Article Transportation of the Annotated Code of
Maryland be repealed.
SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:
Article—Tax—General
2-1302.2.
(A) EXCEPT AS PROVIDED IN SUBSECTION (B) OF THIS SECTION, BEGINNING
WITH THE FISCAL YEAR THAT BEGINS ON JULY 1, 2008, AND FOR EACH FISCAL YEAR
THEREAFTER, AFTER MAKING THE DISTRIBUTION REQUIRED UNDER §§ 2-1301
THROUGH 2-1302.1 OF THIS SUBTITLE, THE COMPTROLLER SHALL DISTRIBUTE
MONTHLY 5% OF THE REMAINING SALES AND USE TAX REVENUE TO THE MASS
TRANSIT ACCOUNT OF THE TRANSPORTATION TRUST FUND ESTABLISHED UNDER §
3-216 OF THE TRANSPORTATION ARTICLE.
(B) FOR THE FISCAL YEAR BEGINNING ON JULY 1 2007, ONLY, INSTEAD OF
THE DISTRIBUTION REQUIRED UNDER SUBSECTION (A) OF THIS SECTION, THE
COMPTROLLER SHALL DISTRIBUTE MONTHLY TO THE MASS TRANSIT ACCOUNT 2.5%
OF THE REMAINING SALES AND USE TAX REVENUE.
2-1303.
After making the distributions required under §§ 2-1301 through [2-1302.1]
2-1302.2 of this subtitle, the Comptroller shall pay:
(1) revenues from the hotel surcharge into the Dorchester County
Economic Development Fund established under Article 83A, § 5-216 of the Code; and
(2) the remaining sales and use tax revenue into the General Fund of the
State.
Article—Transportation
3-215.
(b) The tax levied and imposed by this section consists of that part of the
following taxes that are retained to the credit of the Department after distributions to
the political subdivisions:
(1) The motor fuel tax revenue distributed under §§ 2-1103(2) and
2-1104(4) of the Tax—General Article;
(2) The income tax revenue distributed under § 2-614 of the Tax—
General Article;
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