Ch. 2                                    LAWS OF MARYLAND

A PERSON WHO TIMELY FILES A SALES AND USE TAX RETURN IS
ALLOWED, FOR THE EXPENSE OF COLLECTING AND PAYING THE TAX, A
CREDIT EQUAL TO 1.2% OF THE GROSS AMOUNT OF SALES AND USE TAX
THAT THE PERSON IS TO PAY TO THE COMPTROLLER.

REVISOR'S NOTE: This section is new language derived
without substantive change from the first sentences of
former Art. 81, §§ 338 and 389.

The defined term "person" is substituted for the
former references to a "vendor" and "vendor or person
subject to tax as provided in this subtitle", for
clarity.

The requirement for "timely" filing is substituted for
the second sentences of former Art. 81, §§ 338 and
389, which precluded a credit if a person "shall fail
or refuse to file his return with the Comptroller
within the time prescribed by § 335 of this subtitle"
or "by §§ 385 and 387 of this subtitle", for clarity
and brevity. For the time limitations on filing
returns, see §§ 11-501 through 11-503 of this title.

The reference to the "gross amount of sales and use
tax" is substituted for the former references to "the
amount of tax payable ... as stated in § 337 of this
subtitle" and "as stated in § 338" and the "gross
tax", for clarity.

Defined terms: "Comptroller" § 1-101
"Person" §§ 1-101 and 11-101
"Sales and use tax" § 1-101

11-106. SAME -- FOR EXCISE TAX PAID ON PASSENGER RENTAL CAR.

(A)  "PASSENGER RENTAL CAR" DEFINED.

IN THIS SECTION, "PASSENGER RENTAL CAR" MEANS A PASSENGER
CAR, AS DEFINED IN § 11-144.1 OF THE TRANSPORTATION ARTICLE:

(1)  THAT IS ACQUIRED SOLELY FOR RENTAL PURPOSES BUT
WILL NOT BE RENTED TO THE SAME PERSON FOR A PERIOD OF MORE THAN
180 CONSECUTIVE DAYS;

(2)  THAT, AT THE TIME OF PURCHASE, IS PART OF A FLEET
OF PASSENGER CARS OWNED BY THE SAME PERSON, AT LEAST 5 OF WHICH
MEET THE CRITERIA IN ITEM (1) OF THIS SUBSECTION;

(3)  FOR WHICH THE OWNER DOES NOT PROVIDE A DRIVER;
AND

(4)  THAT WILL NOT BE USED TO TRANSPORT INDIVIDUALS OR
PROPERTY FOR HIRE.

(B)  CREDIT ALLOWED.

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