Ch. 556

LAWS OF MARYLAND

CHAPTER 5 56

(House Bill 1277)

AN ACT concerning

Franchise Taxes - Gross Receipts Tax Administration

FOR the purpose of conferring certain powers and duties on the
Department of Assessments and Taxation for the
administration of gross receipts tax laws and the
administration of gross receipts tax revenue; and clarifying
language.

BY repealing and reenacting, with amendments,

Article 81 - Revenue and Taxes

Section 134

Annotated Code of Maryland

(1980 Replacement Volume and 1986 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 81 - Revenue and Taxes

134.

(A)  The [State] Department of Assessments and Taxation
[is hereby authorized and empowered to examine under oath any
officer or agent of any such taxpayer touching the business in
this State of such taxpayer, and the receipts and revenues
accruing therefrom. The said State Department of Assessments and
Taxation may also examine under oath any other person who it may
be advised or may believe has knowledge and information in the
premises] SHALL: .

(B) THE DEPARTMENT OF ASSESSMENTS AND TAXATION SHALL:

(1)  ADMINISTER THE GROSS RECEIPTS TAX LAW;

(2)  ADOPT REGULATIONS TO ADMINISTER THE GROSS
RECEIPTS TAX LAW;

(3)  DESIGN TAX FORMS;

(4)  (I) COLLECT AND ACCOUNT FOR GROSS RECEIPTS TAX
REVENUE FROM ESTIMATED TAX PAYMENTS; AND

(II) DEPOSIT THE REVENUE COLLECTED UNDER THIS
PARAGRAPH IN THE GENERAL FUND OF THE STATE; AND

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