Ch. 136                                          LAWS OF MARYLAND

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall
take effect January 1, 1989.

Approved May 2, 1988.

CHAPTER 136

(Senate Bill 254)

AN ACT concerning                               

Income Tax - Revenue Distributions

FOR the purpose of specifying a date by which income tax revenue
from certain withholdings and estimated payments for the
month of June each year is to be distributed to political
subdivisions; and providing a delayed effective date for
this Act.

BY repealing and reenacting, with amendments,

Article - Tax - General
Section 2-610(b)
Annotated Code of Maryland

(As enacted by Chapter ____ (S.B. 1) of the

Acts of the General Assembly of 1988)

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

Article - Tax - General

2-610.

(b) The periodic distributions of the estimated amount to
which each county, municipal corporation, and special taxing
district is entitled from withholdings and estimated income taxes
paid shall be made:

(1)  for the 1st 3 quarters of the State's fiscal
year, as often as practicable but at least each quarter; and

(2)  for the 4th quarter of that year[,]:

(I)  before the last day of that year, [on a
monthly basis] for the months of April and May; AND

(II)  BEFORE AUGUST 31, FOR THE MONTH OF JUNE.

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