PARRIS N. GLENDENING, Governor                          H.B. 1154

Stabilization Account of requiring the transfer of certain funds within the State
Reserve Fund; providing for the allocation and apportionment of the net earnings
of certain financial institutions with net earnings derived outside the State by a
certain formula for certain taxable years; requiring the Comptroller's office to
continue to monitor the effects of certain provisions of law and the revenues
generated by certain taxes imposed on the short-term vehicle rental industry;
requiring the Department of Assessments and Taxation to make a certain determination
and to make a certain report and provide the report to certain committees fry a certain
date; requiring the Department of Fiscal Services to conduct a certain study and
report to certain committees of the General Assembly; providing for the effective
dates and application of portions of this Act; providing for the termination of
portions of this Act; and generally relating to certain State taxes and certain State
funds State and local revenue changes.

BY repealing and reenacting, with amendments,
Article—Tax—General
Section 10-106(a)(1) and 10-211
Annotated Code of Maryland
(1988 Volume and 1994 Supplement)

BY adding to

Article—Tax—General

Section 10-106(d)

Annotated Code of Maryland

(1988 Volume and 1994 Supplement)

BY repealing and reenacting, with amendments,
Article—Tax—General
Section 10-105(a), 10-106(a)(1), and 10-211
Annotated Code of Maryland
(1988 Volume and 1994 Supplement)

BY adding to

Article—Tax—General

Section 10-106(d)

Annotated Code of Maryland

(1988 Volume and 1994 Supplement)

BY repealing and reenacting, with amendments,
Article—Tax—General
Section 10-604
Annotated Code of Maryland
(1988 Volume and 1994 Supplement)

BY adding to

Article 41—Governor—Executive and Administrative Departments

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