WILLIAM DONALD SCHAEFER, Governor                   Ch. 291

(4) THE COMPTROLLER MAY REQUIRE ANY PERSON OR ENTITY
POSSESSING TAX PAID MOTOR VEHICLE FUEL HELD PER SALE ON THE DATE
OF ANY ANNUAL INCREASE OR DECREASE IN THE LICENSE TAX UNDER THIS
SUBSECTION TO:

(I) COMPILE AND FILE AN INVENTORY OF THE FUEL
POSSESSED AND TO REMIT WITHIN 30 DAYS ANY ADDITIONAL TAXES THAT
ARE DUE; OR

(II) FILE AN INVENTORY OF THE FUEL POSSESSED
WITHIN 30 DAYS FOR THE PURPOSE OF OBTAINING A REFUND WHEN A
DECREASE OCCURS.

136A.

(a)  The license tax prescribed in § 136 of this subtitle
does not apply to aviation gasoline or turbine fuel.

(b)  (1) Except as provided in paragraph (2) of this
subsection, the license tax in respect to aviation gasoline and
turbine fuel is [4] 5 cents per gallon.

(2) The license tax does not apply to aviation
gasoline or turbine fuel purchased for use by:

(i) Scheduled air carriers;

(ii) The State of Maryland;

(iii) Local governments of this State;

(iv) Agencies and instrumentalities of the
United States government; or

(v) Foreign governments.

(c)  The Comptroller may adopt regulations to provide for
the reporting and collection of the license tax for aviation
gasoline and turbine fuel.

(d)  The net proceeds of the license tax for aviation
gasoline and turbine fuel shall be credited to the Transportation
Trust Fund.

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of
Maryland read as follows:

Article 56 - Licenses

137.

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