Ch. 204

1993 LAWS OF MARYLAND

(f) (1) For any fiscal year in which the actual transfer tax revenue collections are
greater than the revenue estimates used as the basis for the appropriations required under this
section for the fiscal year, the amount of the excess may be allocated to the special fund under
subsection (a) of this section as provided under subsections (c) and (d) of this section for the
subsequent fiscal year.

(2) For any fiscal year in which the actual transfer tax revenue collections are
less than the revenue estimates used as the basis for the appropriations required under this
section, the allocation to the special fund under subsection (a) of this section as provided
under subsections (c) and (d) of this section for the subsequent fiscal year shall be reduced by
the amount of the deficiency.

Article - Transportation

17-106.

(e) (2) (I) A penalty assessed under this subsection shall be paid [to the
Maryland Automobile Insurance Fund and the Administration] as follows:

[(i)] 1. of the initial $150 collected:

[1.] A. 90% to [the Uninsured Division of the Maryland
Automobile Insurance Fund] BE ALLOCATED TO THE MARYLAND AUTOMOBILE
INSURANCE FUND AND THE GENERAL FUND AS PROVIDED IN SUBPARAGRAPH (II)
OF THIS PARAGRAPH; and

[2.] B. 10% to the Administration; and                           

[(ii)] 2. Of any amount collected that is over $150:

[1.] A. 50% to [the Uninsured Division of the Maryland
Automobile Insurance Fundi BE ALLOCATED TO THE MARYLAND AUTOMOBILE
INSURANCE FUND AND THE GENERAL FUND AS PROVIDED IN SUBPARAGRAPH (II)
OF THIS PARAGRAPH; and                                                                                 

[2.] B. 50% to the Administration.

(II) THE PERCENTAGE OF THE PENALTIES SPECIFIED UNDER
SUBPARAGRAPH (I) OF THIS PARAGRAPH SHALL BE DISTRIBUTED AS FOLLOWS:

1. IN FISCAL YEAR 1994:

A.       $2,700,000 TO THE MARYLAND AUTOMOBILE INSURANCE
FUND; AND

B.       THE BALANCE TO THE GENERAL FUND.

2. IN EACH FISCAL YEAR AFTER FISCAL YEAR 1994:       

A. THE AMOUNT DISTRIBUTED TO THE MARYLAND
AUTOMOBILE INSURANCE FUND IN THE PRIOR FISCAL, YEAR UNDER THE
PROVISIONS OF THIS SUBPARAGRAPH ADJUSTED BY THE CHANGE FOR THE

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