Ch. 13

LAWS OF MARYLAND

sufficient to collect a minimum of one dollar per capital of
revenue and it shall have certified a copy of said levy to the
State Comptroller. Per capital revenue shall be computed for

purposes of this section by using the population figures

furnished by the latest federal census or by an official local
census, whichever is latest.

SECTION 2. AND BE IT FURTHER ENACTED, That:

(1) Beginning with individual tax returns for the
1986 tax year, and for all subsequent tax years, the Comptroller
shall collect and compile information from income tax returns
regarding the various elements of the State income tax and, for
the State and for each county and the City of Baltimore, the
impact of those various elements on various classes of Maryland
taxpayers and on revenues.

(2) The data base shall be comprehensive and shall
include the following:

(a) Component items of federal adjusted gross
income, including loss items and preference income;

(b) Components of itemized deductions;

(c) Components of Maryland addition and
subtraction modifications; and

(d) The number of taxpayers reporting each of
the elements contained in items (a), (b), and (c) of this
paragraph.

(3) On or before January 1 of the year after returns
are received for a taxable year, the Comptroller shall submit an
annual report to the Governor, the President of the Senate, and
the Speaker of the House of Delegates providing the information
compiled for that taxable year.

SECTION 3. AND BE IT FURTHER ENACTED, That it is the intent
of the General Assembly that increasing personal exemptions in
tax year 1988 and tax year 1989 should be a priority in
developing State fiscal policy. The Spending Affordability
Committee, as part of the Committee's review of revenues and
expenditures and based upon findings and recommendations of the
Joint Committee on Income Tax Reform shall make specific
recommendations in the Committee's 1987 and 1988 reports with
respect to the level of personal exemptions for State and local
Income taxes, and consistent with the forecast of the State's
economic condition and the projection of spending programs , the
Committee should focus on an increase in personal exemptions as a
priority matter for use of State funds.         

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