|
2734
LAWS OF MARYLAND
Ch. 505
CHAPTER 505
(House Bill 1734)
AN ACT concerning
Motor Vehicle Fuel Tax - Distribution to General Fund
FOR the purpose of providing that a certain percentage of the
Motor Vehicle Fuel Tax shall be distributed to the General
Fund for Chesapeake Bay related programs; eliminating a
certain distribution to the Waterways Improvements Fund; and
relating generally to the distribution of motor vehicle fuel
tax proceeds.
BY repealing and reenacting, with amendments,
Article 56 - Licenses
Section 137(a)
Annotated Code of Maryland
(1983 Replacement Volume)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 56 - Licenses
137.
(a) The gasoline tax, imposed by this subtitle in respect
to motor vehicle fuel sold or used in any calendar month, less an
amount equivalent to one percent of the tax (to a maximum tax
rate of 10 cents per gallon) due and payable which is hereby
allowed such person in lieu of loss from shrinkage, evaporation
and handling and to reimburse the registered dealer and retail
service station dealers, as defined in § 157A(6) of this article
and jobbers as defined in § 157A(3) of this article, for the
expenses incurred on behalf of the State in maintaining records,
collecting gasoline tax moneys, preparing necessary reports and
remittance in complying with the provisions of this subtitle,
shall be paid on or before the last day of the next succeeding
month to the Comptroller who shall receipt the dealer therefor.
Every registered dealer who makes a first sale or distribution of
motor fuel, tax paid, to a jobber shall deduct two thirds of one
percent (2/3 of 1%) from the amount of the tax (to a maximum tax
rate of 10 cents per gallon) shown to be due on the bill
(invoice) and the balance shall be the amount of tax such dealer
shall be entitled to collect from the purchaser; and every jobber
who makes a sale, resale or distribution of motor vehicle fuel,
tax paid, to a retail service station dealer shall deduct one
third of one percent (1/3 of 1%) from the amount of such tax (to
a maximum tax rate of 10 cents per gallon) shown to be due on the
bill and the balance shall be the amount of tax such jobber shall
|
