Ch. 692                                    1994 LAWS OF MARYLAND

(1)     A manufacturer or wholesaler who sells or delivers beer or wine to
retailers in the State to post security for the alcoholic beverage tax:

(i) in an amount not less than:

1.       $1,000 for beer; and

2.       $1,000 for wine; and

(ii) if the alcoholic beverage tax on beer and wine paid in any 1 month
exceeds $1,000, in an additional amount at least equal to the excess; and

(2)     a manufacturer or wholesaler who sells or delivers any distilled spirits or
any wine and distilled spirits in the State to post a security for the alcoholic beverage tax:

(i) in an amount not less than $5,000; and

(ii) in an additional amount:

1.       equal to twice the amount of its largest monthly alcoholic
beverage tax liability for wine and distilled spirits in the preceding calendar year less
$5,000; or

2.       if the information for the preceding calendar year is not
available or cannot be provided, equal to the amount that the Comptroller requires.

(c)     The [State Athletic Commission shall] COMPTROLLER MAY require [an

applicant for a license] A PERSON WHOSE GROSS RECEIPTS ARE SUBJECT TO THE

BOXING AND WRESTLING TAX to post security for the boxing and wrestling tax in the

amount [of $5,000.] THAT THE COMPTROLLER DETERMINES.

(d)     The Comptroller may require a real estate investment trust to post security for
income tax in the amount that the Comptroller requires, if the trust:

(1)     does not hold property in the State; or

(2)     holds insufficient property in the State to provide adequate security for
the income tax if the property were to become subject to a lien under this subtitle.

(e)     The Comptroller may require a person seeking a refund of motor carrier tax to
post security for the tax in an amount of not less than $5,000 but not more than $100,000.

(f)      The Comptroller shall require an applicant for any license under Title 9 of this
article, except for a Class "W" license, to post security for the motor fuel tax in the
amount that the Comptroller requires, but not less than:

(1)     $200,000 for a Class "A" license;

(2)     $50,000 for a Class "B" license;

(3)     $10,000 for a Class "C" license;

(4)     $200,000 for a Class "D" license;

(5)     $1,000 for a Class "F" license;

- 3096 -