Ch. 2                                    LAWS OF MARYLAND

Former Art. 81, § 261, which related to the payment of
refunds, is deleted as unnecessary in light of this
section and TP § 14-916 of the Code.

Defined terms: "Comptroller" § 1-101
"Financial institution franchise tax" § 1-101
"Income tax" § 1-101 "Motor carrier tax" § 1-101
"Sales and use tax" § 1-101

13-906. RESERVED.

13-907. RESERVED.

PART II. FINANCIAL INSTITUTION FRANCHISE TAX AND
INCOME TAX ABATEMENTS AND OFFSETS.

13-908. ABATEMENT.

IF THE COMPTROLLER DETERMINES THAT COLLECTION OF FINANCIAL
INSTITUTION FRANCHISE TAX OR INCOME TAX IS NOT WARRANTED BECAUSE
OF THE ADMINISTRATION AND COLLECTION COSTS INVOLVED, THE
COMPTROLLER MAY ABATE THE TAX OR ANY INTEREST, PENALTIES OR
CHARGES RELATIVE TO THE TAX.

REVISOR'S NOTE: This section is derived without substantive
change from former Art. 81, §§ 304(e) and 128A(e)(3),
as it related to abatement.

The words "tax or any interest, penalties or charges
relative to the tax" are substituted for the former
references to the "unpaid portion of any tax, the
assessment or deficiency or any liability with respect
thereof" and the "amount due", for clarity.

The former reference to a determination "by regulation
adopted pursuant to this section" is deleted as
surplusage.

As to the general power of the Comptroller to settle
claims, see SF § 6-219.

Defined terms: "Comptroller" § 1-101
"Financial institution franchise tax" § 1-101
"Income tax" § 1-101

13-909. OFFSETS.

(A) IN GENERAL.

WITHOUT REGARD TO THE PROVISIONS OF § 13-1104 OF THIS TITLE,
IF THE TAX COLLECTOR DETERMINES A PERSON'S FINANCIAL INSTITUTION
FRANCHISE TAX OR INCOME TAX FOR MULTIPLE TAXABLE YEARS AND
SIMULTANEOUSLY FINDS BOTH OVERPAYMENTS AND DEFICIENCIES IN THOSE
TAXABLE YEARS, THE TAX COLLECTOR:

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