2450                                          LAWS OF MARYLAND                                      Ch. 453

transporting persons or property for hire, a tax of 8 cents on
each even dollar, plus 2 cents on each 25 cents or fraction
thereof in excess of the even dollars.

375A.

(a) For the purpose of this section, the term passenger
RENTAL car [for rental or lease] means a passenger car as that
term is defined in the Transportation Article:

(1) Which is acquired solely for rental [or lease]
purposes BUT WHICH WILL NOT BE RENTED TO THE SAME PERSON FOR MORE
THAN 180 CONSECUTIVE DAYS;

(2) Which at the time of purchase is part of a fleet
of passenger cars owned by the same person, at least five of
which are used solely for rental [or lease] purposes AS DESCRIBED
IN SUBSECTION (A)(1) OF THIS SECTION;

(3) For which the owner will not furnish a driver;
and

(4) Which will not be used to transport passengers or
property for hire.

(b) The vendor shall be entitled to apply and credit
against the amount of tax payable by him, under §§ 385 through
390 of this subtitle, an amount equal to the excise tax imposed
by § 13-809 of the Transportation Article and paid by him [on or
after July 1, 1981 on any passenger car for rental or lease that
is rented for a period of 180 days or less, or paid by him on or
after July 1, 1983] on any passenger RENTAL car [for rental or
lease].

(c)  A vendor shall claim the credit authorized by
subsection (b) of this section upon forms prescribed by the
Comptroller, filed with any return required by § 385 of this
subtitle for the period during which the excise tax was paid.
The Comptroller shall allow such credit if application is made
within 3 years from the due date of the return for the period
during which the excise tax was paid.

Chapter 118 of the Acts of the General
Assembly of 1983

[SECTION 2. AND BE IT FURTHER ENACTED, That the provisions
relating to passenger cars for rental or lease added to law by
this Act and any regulations promulgated pursuant thereto, and
these provisions and regulations only, are of no effect and may
not be enforced after June 30, 1985.]

SECTION 3. AND BE IT FURTHER ENACTED, That, notwithstanding
the provisions of Sections 325 and 373 of Article 81, the rate of
retail sales and use tax applicable to any passenger car lease
billing period under a lease for an initial term of more than 180