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ROBERT L. EHRLICH, JR., Governor Ch. 311
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Tax - General
11-106.
(A) IN THIS SECTION, "AGREEMENT" MEANS THE STREAMLINED SALES AND
USE TAX AGREEMENT AS ADOPTED BY THE MEMBER STATES OF THE STREAMLINED
SALES AND USE TAX PROJECT ON NOVEMBER 12, 2002.
(B) (1) THE STATE OF MARYLAND HEREBY ADOPTS ACKNOWLEDGES THE
STREAMLINED SALES AND USE TAX AGREEMENT AS ADOPTED BY THE MEMBER
STATES OF THE STREAMLINED SALES AND USE TAX PROJECT ON NOVEMBER 12, 2002.
(2) ON OR BEFORE NOVEMBER 15, 2003, THE COMPTROLLER SHALL
PREPARE AND SUBMIT TO THE GOVERNOR AND, SUBJECT TO § 2-1246 OF THE STATE
GOVERNMENT ARTICLE, THE SENATE BUDGET AND TAXATION COMMITTEE AND THE
HOUSE COMMITTEE ON WAYS AND MEANS A REPORT THAT:
(I) IDENTIFIES:
1. ANY CHANGES TO STATE STATUTES, REGULATIONS, OR
POLICIES THAT NEED TO BE MADE IN ORDER TO BRING THE STATE INTO
COMPLIANCE WITH THE AGREEMENT; AND
2. ANY OTHER CHANGES TO STATE LAWS THAT WOULD NOT
BE REQUIRED BUT THAT THE COMPTROLLER RECOMMENDS SHOULD REASONABLY
BE MADE IN CONNECTION WITH IMPLEMENTING THE AGREEMENT; AND
(II) FOR EACH CHANGE IDENTIFIED UNDER ITEM (I) OF THIS
PARAGRAPH:
1. ESTIMATES THE IMPACT OF THAT CHANGE ON STATE
SALES AND USE TAX REVENUE; AND
2. IDENTIFIES AND EXPLAINS ANY FISCAL OR POLICY
ISSUES THAT WOULD BE ASSOCIATED WITH THE CHANGE.
(C) NOTWITHSTANDING THE ADOPTION OF THE AGREEMENT UNDER THIS
SECTION;
(1) NO PROVISION OF THE AGREEMENT IN WHOLE OR IN PART
INVALIDATES OR AMENDS ANY PROVISION OF THE LAW OF THIS STATE;
(2) ADOPTION OF THE AGREEMENT DOES NOT AMEND OR MODIFY ANY
OTHER PROVISION OF THIS TITLE OR OTHER LAW OF THIS STATE; AND
(3) IMPLEMENTATION OF ANY CONDITION OF THE AGREEMENT IN THIS
STATE, WHETHER ADOPTED BEFORE, AT, OR AFTER ADOPTION OF THE AGREEMENT
BY THIS STATE, MUST BE BY THE ACTION OF THIS STATE.
(D) (1) (I) THE AGREEMENT ADOPTED BY THIS SECTION BINDS AND
INURES ONLY TO THE BENEFIT OF THIS STATE AND THE OTHER MEMBER STATES.
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