ROBERT L. EHRLICH, JR., Governor                          H.B. 1001

(3)     The holding of a vessel that is titled or numbered in another state or
is federally documented, provided:

(i) The vessel is held for resale or listed for resale by a licensed
dealer; and

(ii) The vessel owner signs an affidavit that there will be no use of
the vessel on the waters of the State other than for a sea trial;

(4)     Purchase of a vessel by the State or any political subdivision;

(5)     Purchase of a vessel by an eleemosynary organization which the
Secretary has approved;

(6)     The purchase within the State of a vessel if the owner paid or
incurred a liability for the Maryland sales and use tax on the vessel prior to July 1,
1986;

(7)     The possession within the State of a vessel which was purchased
outside the State if the owner paid or incurred a liability for the Maryland use tax on
the vessel prior to July 1, 1986;

(8)     The possession of a vessel that was purchased or acquired prior to
coming into the State by a nonresident of the State and is not used principally on the
waters of the State and if the issuance of a title is not sought, except that:

(i) A vessel is not deemed used on the waters of the State if the
vessel is used for 90 days or less of a calendar year; and

(ii) If a vessel is used for more days than 90 days in a calendar year,
the period of 90 days shall be counted in the determination of principal use under this
subtitle;

(9)   THE PURCHASE OF A VESSEL FROM A LICENSED DEALER WITHIN
THE STATE BY A NONRESIDENT OF THE STATE, IF:

(I) THE VESSEL WILL BE USED ON WATERS OF THE STATE FOR 90
DAYS OR LESS OF A CALENDAR YEAR; AND

(II) THE VESSEL DISPLAYS, ON OR ABOUT THE FORWARD HALF OF
THE VESSEL, A STICKER, DEVELOPED BY THE DEPARTMENT AND PROVIDED TO
DEALERS, THAT INCLUDES:

1. A SPACE, TO BE FILLED IN BY THE DEALER, FOR THE DATE
THAT THE VESSEL WAS DELIVERED TO THE PURCHASER; AND

2. A STATEMENT THAT THE VESSEL MAY ONLY BE USED ON
WATERS OF THE STATE FOR 90 DAYS OR LESS OF A CALENDAR YEAR FROM THE TIME
OF DELIVERY THE POSSESSION WITHIN THE STATE OF A VESSEL PURCHASED BY A
NONRESIDENT FROM A LICENSED DEALER WITHIN THE STATE FOR A PERIOD OF 90
CONSECUTIVE DAYS FROM THE DATE OF PURCHASE, EXCEPT THAT IF THE VESSEL IS

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