WILLIAM DONALD SCHAEFER, Governor                            Ch. 112

GENERAL FUND APPROPRIATION FOR THE OFFICE OF TOURISM DEVELOPMENT IN
AN AMOUNT NOT LESS THAN THE AMOUNT OF THE GOVERNOR'S PROPOSED
GENERAL FUND APPROPRIATION FOR THE OFFICE OF TOURISM DEVELOPMENT FOR
FISCAL YEAR 1995.

Article—Tax—General

2-1302.1.

(A)     AFTER MAKING THE DISTRIBUTIONS REQUIRED UNDER §§ 2 1301 AND
2-1302 OF THIS SUBTITLE, FOR EACH OF FISCAL YEARS 1996, 1997, AND 1998, THE
COMPTROLLER SHALL DISTRIBUTE A SHARE OF THE GROWTH IN THE SALES AND
USE TAX REVENUE GENERATED BY TOURISM RELATED BUSINESSES, AS
DETERMINED UNDER SUBSECTION (B) OF THIS SECTION, TO THE MARYLAND
TOURISM DEVELOPMENT BOARD FUND ESTABLISHED UNDER ARTICLE 83A, § 4-1A-08
OF THE CODE.

(B)     (1) IN THIS SUBSECTION, "TOURISM RELATED BUSINESS" MEANS A
BUSINESS WITHIN ONE OF THE FOLLOWING CATEGORIES OF BUSINESS AS
ESTABLISHED BY THE COMPTROLLER:

(I) RESTAURANTS WITHOUT LIQUOR LICENSES - INDUSTRY CODE

108;

(II)    TAVERNS - INDUSTRY CODE 109;

(III)   HOTELS WITH LIQUOR LICENSES INDUSTRY CODE 111;

(IV)    RESTAURANTS WITH LIQUOR LICENSES - INDUSTRY CODE 112;

(V)     HOTELS INDUSTRY CODE 901;

(VI) AMUSEMENT PLACES - INDUSTRY CODE 925;
(VII) CARNIVALS, FAIRS—INDUSTRY CODE 929;

(VIII) HOLIDAY SEASON VENDORS—INDUSTRY CODE 932; AND

(IX)    RACE TRACKS—INDUSTRY CODE 933.

(2) THE COMPTROLLER SHALL DETERMINE THE AMOUNT TO BE
DISTRIBUTED FOR EACH FISCAL YEAR TO THE MARYLAND TOURISM
DEVELOPMENT BOARD FUND UNDER SUBSECTION (A) OF THIS SECTION, USING THE
BEST INFORMATION AVAILABLE TO THE COMPTROLLER, AND ADJUSTING FOR TAX
LAW CHANGES, BY DETERMINING THE EXCESS OF;

(I) THE AMOUNT BY WHICH THE TOTAL SALES AND USE TAX
REVENUES FROM TOURISM RELATED BUSINESS FOR THE PRIOR FISCAL YEAR
EXCEEDED THOSE REVENUES FOR THE SECOND PRIOR FISCAL YEAR; OVER

(II) AN AMOUNT EQUAL TO 4% OF THOSE REVENUES FOR THE
SECOND PRIOR FISCAL YEAR.

- 1247 -