HARRY HUGHES, Governor 1769
certified as required herein and shall remit promptly all taxes
collected, together with copies of supporting documents, to the
Comptroller of the Treasury. After deducting the cost to the
Department for administering this section, the Comptroller shall
distribute the net proceeds to the counties and Baltimore City
according to the situs of the properties sold or transferred.
(d) The taxes imposed by this section shall be in addition
to the taxes required by §§ 277 and 278A of this article, and the
payment of these taxes shall be a prerequisite for the transfer
of title of any property with respect to which a certificate is
required to be submitted pursuant to § 3-112 of the Corporations
and Associations Article.
[(e) The provisions of this section do not apply to
Baltimore County.]
Article Tax Property
13-403.
[(a) This section does not apply to Baltimore County.]
[(b)] (A) Except as provided under subsection [(e)] (B) of
this section, the Department shall collect the county transfer
tax at the rate set in each county for articles of transfer of
substantially all of the property and assets of a corporation
that are filed with the Department as required by § 3-107 of the
Corporations and Associations Article.
[(c)] (B) Articles of transfer are not subject to the
county transfer tax if the articles of transfer are:
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