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Session Laws, 1985
Volume 760, Page 1623   View pdf image
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HARRY HUGHES, Governor

1623

(a) The Comptroller shall pay into a special fund in the
treasury all taxes, penalties and interest collected and received
by him pursuant to this subtitle. Such proceeds shall be
disbursed upon the warrant of the Comptroller for the following
purposes:

(1)  Such amounts as he deems necessary from time to
time to provide for payment of refunds under this subtitle.

(2)  AFTER THE DEDUCTION PROVIDED FOR IN PARAGRAPH (1)
OF THIS SUBSECTION, ANY AMOUNT COLLECTED AND RECEIVED FROM THE
SUPPLEMENTAL TAX IMPOSED UNDER SECTION 433(B) OF THIS SUBTITLE
SHALL BE PAID INTO THE GENERAL FUND OF THE STATE. AS FOLLOWS:

(I) 75% 50% INTO THE GENERAL FUND OF A SPECIAL
FUND IN THE DEPARTMENT OF AGRICULTURE FOR THE DEVELOPMENT AND
MARKETING OF AGRICULTURAL PRODUCTS IN THE STATE, AND

(II)(I) 25% 50% 33% INTO THE MARYLAND
AGRICULTURE LAND PRESERVATION FUND, ESTABLISHED UNDER § 2-505 OF
THE AGRICULTURE ARTICLE, FOR THE PURPOSES SPECIFIED FOR USE OF
THE FUND IN TITLE 2, SUBTITLE 5 OF THE AGRICULTURE ARTICLE . ;

(II) FOR FISCAL YEAR 1986 ONLY:

1. 12% INTO A SPECIAL FUND IN THE
DEPARTMENT OF AGRICULTURE FOR THE DEVELOPMENT AND MARKETING OF
AGRICULTURAL PRODUCTS IN THE STATE; AND

2. 55% INTO THE GENERAL FUND OF THE
STATE; AND

(III) FOR FISCAL YEAR 1987 AND THEREAFTER, 67%
INTO THE GENERAL FUND OF THE STATE.

[(2)] (3) After the deduction provided for in
paragraph (1) of this subsection AND THE DISTRIBUTION TO THE
GENERAL FUND OF THE STATE AS PROVIDED IN PARAGRAPH (2) OF THIS
SUBSECTION, 3/13 of the balance remaining shall be paid into the
general funds of this State.

[(3)] (4) Such amounts as may be required from time
to time to pay the salaries and expenses of administering the
provisions of this subtitle, to be paid into the general funds of
the State as reimbursement for funds budgeted for this purpose.

[(4)] (5) After the deductions provided for in
[paragraphs (1) and (3)] PARAGRAPH (1) of this subsection and
the [distribution] DISTRIBUTIONS to the GENERAL FUND OF THE
State, as provided in [paragraph (2)] PARAGRAPHS (2), (3), AND
(4) of this subsection, 70 [per centum] PERCENT of the balance
remaining shall be paid into the general fund of this State.

[(5)] (6) After the deductions provided for in
[paragraphs (1) and (3)] PARAGRAPH (1) of this subsection and the

 

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Session Laws, 1985
Volume 760, Page 1623   View pdf image
 Jump to  
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