Ch. 34                                 1993 LAWS OF MARYLAND

CHAPTER 34
(House Bill 223)

AN ACT concerning

State Lottery - Interest and Fees

FOR the purpose of authorizing the State Lottery Agency to charge a fee to a licensed
agent under certain circumstances; specifying that the fee is to be sufficient to cover
certain administrative and collection costs; specifying the maximum rate of the fee
equal to the amount charged by the Central Collection Unit; and generally relating
to licensed lottery agents.

BY repealing and reenacting, with amendments,
Article - State Government
Section 9-119(d)
Annotated Code of Maryland
(1984 Volume and 1992 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - State Government

9-119.'

(d) A licensed agent shall be charged:                                     

(1)     as provided in § 13-604(a) of the Tax - General Article, interest on the
money that is not paid to the Agency within 10 days after the due date; and

(2)     if the Agency refers the debt to the Central Collection Unit of the
Department of Budget and Fiscal Planning[, an additional 15% of the amount due]:

(I) THE OUTSTANDING PRINCIPAL AND INTEREST: AND

(II) A FEE SUFFICIENT TO COVER ADMINISTRATIVE AND
COLLECTION COSTS, IN AN AMOUNT WHICH MAY NOT EXCEED 20% OF THE
OUTSTANDING PRINCIPAL AND INTEREST EQUAL TO ANY FEE CHARGED BY THE
CENTRAL COLLECTION UNIT IN ACCORDANCE WITH § 3-3.04 § 3-304(A)(2) OF THE
STATE FINANCE AND PROCUREMENT ARTICLE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1993.

Approved April 13, 1993.

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