Ch. 2

LAWS OF MARYLAND

REVISOR'S NOTE: This section is new language added to state
expressly the method for paying refunds of the savings
and loan association franchise tax.

Defined terms: "Comptroller" § 1-101
"Savings and loan association
franchise tax" § 1-101

SUBTITLE 14. TAX ON COMMISSIONS REVENUE DISTRIBUTION.

2-1401. TO GENERAL FUND.

THE COMPTROLLER SHALL DISTRIBUTE THE TAX ON COMMISSIONS
REVENUE TO THE GENERAL FUND OF THE STATE.

REVISOR'S NOTE: This section is new language added to
clarify that the Comptroller is required to distribute
the tax on commissions revenue to the General Fund of
the State.

As to requirement for payment of collections of State
revenue into State Treasury, see SF § 6-213.

Defined terms: "Comptroller" § 1-101
"Tax on commissions" § 1-101

2-1402. PAYMENT OF REFUNDS.

IF, UNDER § 7-406(E) OF THIS ARTICLE, A REGISTER OF WILLS
CERTIFIES A REFUND RELATING TO THE TAX ON COMMISSIONS, THE
COMPTROLLER:

(1)  SHALL AUTHORIZE THE REGISTER TO PAY THE REFUND
FROM TAX ON COMMISSIONS REVENUE THAT THE REGISTER HAS NOT PAID
INTO THE STATE TREASURY; OR

(2)  IF THE REGISTER DOES NOT HAVE ENOUGH REVENUE,
SHALL PAY THE REFUND FROM THE GENERAL FUND OF THE STATE.

REVISOR'S NOTE: This section is new language derived
without substantive change from former Art. 81, §
175A(2), as it related to the tax on commissions.

Defined terms: "Comptroller" § 1-101
"Tax on commissions" § 1-101

SUBTITLE 15. TOBACCO TAX REVENUE DISTRIBUTION.

2-1501. TO REFUND ACCOUNT.

FROM THE TOBACCO TAX REVENUE, THE COMPTROLLER SHALL
DISTRIBUTE THE AMOUNT NECESSARY TO PAY REFUNDS RELATING TO THE
TOBACCO TAX TO A REFUND ACCOUNT.

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