Volume 773, Page 2880 View pdf image |
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Ch. 643 1994 LAWS OF MARYLAND Article - Transportation 3-215. (b) The tax levied and imposed by this section consists of that part of the (2) The income tax revenue distributed under §§ 2-614 and [2-617(1)] [3-401. (a) There is a Transportation Revenue Sharing Account in the Transportation (b) The following revenues shall be credited to the Transportation Revenue (1) 20 percent of the vehicle titling tax; and (2) The revenue disbursed to this Account under § 2-617(2) of the Tax - (c) During each fiscal year, the Account shall be distributed as follows: (1) 76 percent shall be credited to the Transportation Trust Fund for the (2) 24 percent shall be credited to the General Fund.] 8-402. (b) All revenues collected from the following, after deductions provided by law. (2) Except as otherwise provided by law, SO PERCENT OF the vehicle titling 13-814. [(a)]Money collected under this part shall be deposited in the State treasury and (b) The State Comptroller shall: (1) Transfer and credit 20 percent of this money to the Transportation (2) As to the rest: (i) First, use it to the extent required for debt service on any - 2880 -
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Volume 773, Page 2880 View pdf image |
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