WILLIAM DONALD SCHAEFER, Governor

Ch. 2

(II)  THE DEPARTMENT, WITH RESPECT TO:

1.  THE FINANCIAL INSTITUTION FRANCHISE
TAX; AND

2.  THE PUBLIC SERVICE COMPANY FRANCHISE
TAX;

(III)  THE STATE ATHLETIC COMMISSION, WITH
RESPECT TO THE BOXING AND WRESTLING TAX; AND

(IV)  THE REGISTERS OF WILLS, WITH RESPECT TO:

1.  THE INHERITANCE TAX; AND

2.  THE TAX ON COMMISSIONS.

REVISOR'S NOTE: Paragraphs (1) and (2)(i), (ii)l., (iii),
and (iv) of this subsection formerly appeared as Art.
81, § 472.

Paragraph (2)(ii)2. of this subsection is new language
added for clarity.

In paragraph (1) of this subsection, the defined term
"governmental unit" is added to clarify that the term
"tax collector" includes a unit of government. See
revisor's note to subsection (b) of this section.

In paragraph (2)(ii)l. and (iii) of this subsection,
the defined terms "financial institution franchise
tax" and "boxing and wrestling tax" are substituted
for the former references to the "financial
institution tax and the savings banks and building,
savings and loan associations tax" and "boxing,
wrestling and sparring tax", respectively, for clarity
and consistency.

As to paragraph (2)(ii) of this subsection, both the
Comptroller and the Department have administrative and
collection duties with regard to the franchise taxes
under Title 8 of this article.

Former Art. 81, § 483, which, pending enactment of
this article, created a subtitle applicable to all of
the taxes to which the article applies, is deleted as
no longer necessary.

Defined terms: "Boxing and wrestling tax" § 1-101
"Comptroller" § 1-101 "Department" § 1-101
"Financial institution franchise tax" § 1-101
"Governmental unit" § 13-101

"Inheritance tax" § 1-101 "Person" § 1-101
"Public service franchise tax" § 1-101

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