PARRIS N. GLENDENING, Governor

Ch. 630

under the income tax for gross receipts subject to the public service company
franchise tax to gross receipts not derived from telecommunications service;
providing a credit against the corporation income taxes State income tax for certain
property taxes paid by a public utility that is a telecommunications company;
imposing the sales and use tax on the sale of prepaid telephone calling cards;
imposing the sales and use tax on certain Internet access service; altering the
definition of "operating personal property" for property tax purposes for a public
utility that is a telecommunications provider; repealing the sales and use tax on
certain telecommunications services; altering the application of the sales and use tax
to certain services; requiring an addition modification under the income tax in the
amount of a certain credit; altering the definition of "operating personal property" for
property tax purposes for a public utility that is a telecommunications provider; requiring
the Public Service Commission to require determine and require a certain reduction
in local local telephone rates to reflect the elimination of a certain tax formerly
included in the rates; prohibiting a local telephone service provider from adding a
certain tax to its charge to the customer until a certain reduction in rates is
effective; requiring a local telephone service provider to provide certain information to
certain customers; requiring a certain report; providing for the effective dates and
application of this Act; and generally relating to the taxation of telecommunications
companies and telecommunications services in the State.

BY repealing and reenacting, with amendments,
Article - Tax - General
Section 8-401, 8-403, 8-409, 10-307(c), and 11-101(i)(1) and (k)(9) and (10)

Section 8-401, 8-409. and 10-307(e)

Annotated Code of Maryland

(1988 Volume and 1996 Supplement)

BY repealing and reenacting, without amendments,
Article—Tax—General
Section 8-402

Annotated Code of Maryland
(1988 Volume and 1996 Supplement)

BY adding to

Article - Tax - General

Section 10-306(c) and 10-708 and 11-101(e-1) and (k)(11)

Annotated Code of Maryland

(1988 Volume and 1996 Supplement)

BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 1-101(u)
Annotated Code of Maryland

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