WILLIAM DONALD SCHAEFER, Governor

Ch. 126

SECTION 2. AND BE IT FURTHER ENACTED, That the publishers
of the Annotated Code of Maryland, the Michie Company, shall
number the § 472 created by this Act to be the first section of
subtitle "Tax Procedures" of Article 81.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall
take effect on July 1, 1987, contingent on the taking effect of

Chapter ___ of the Acts of 1987 (H.B. ____)(71r2025), and if

Chapter ___ does not become effective, this Act shall be null and

void without the necessity of further action by the General
Assembly.

CHAPTER 126
(House Bill 266)

AN ACT concerning

Income Tax - Sales Tax - Admissions and Amusement Tax -

Amnesty for Unpaid Taxes - Boat Excise Taxes - Criminal

Fines and Penalties - Distribution of Revenue

FOR the purpose of requiring the Comptroller of the Treasury and
the Secretary of Natural Resources to waive certain
penalties imposed for nonpayment of certain taxes under
certain circumstances; establishing a period during which
the Comptroller and the Secretary of Natural Resources shall
grant amnesty; increasing the criminal penalties for persons
who fail to make a withholding return, fail to withhold
taxes, fail to remit withholding taxes, fail to remit sales
and use taxes, fail to file a return or report as required
under the Maryland income and retail sales and use tax laws;
increasing the criminal penalties for persons acting in a
representative capacity who prepare or assist in the
preparation of false or fraudulent income tax returns;
increasing certain civil penalties under the income tax
laws; providing for personal liability of certain corporate
officers for the admissions and amusement tax; providing
that certain boat excise tax revenues are paid to a certain
special fund and used for certain purposes; increasing the
criminal penalties for persons who fail to pay the excise
tax on boats; requiring the Comptroller and the Secretary of
Natural Resources to submit a report on the amnesty program;
providing for the disposition of the receipts from the

amnesty program; making this Act contingent on the

appropriation of certain funds; and generally relating to an
amnesty program for certain taxes.

- 825 -

Approved April 29, 1987.