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Session Laws, 2002
Volume 800, Page 3588   View pdf image
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Ch. 440
2002 LAWS OF MARYLAND
(ii) provide to the Secretary of Budget and Management a statement
of the total amount to he paid to the Teachers' Retirement System and the Teachers'
Pension System expressed as a percentage of the payroll of all members of those State
systems.
(2) The Governor shall include in the budget bill: (i) the total amount of the State's contribution to each State system
as ascertained based on the rates certified by the Board of Trustees under paragraph
(1) of this subsection; [and]
(ii) the additional amounts as ascertained under subsection (d) of
this section for the States payment to the professional and clerical employees of the
Department of Public Libraries of Montgomery County who are members of the
employees' retirement system of Montgomery County and are excluded from
membership in the Teachers' Retirement System or the Teachers' Pension System; AND
(III) ANY ADDITIONAL, AMOUNT REQUIRED TO BE IN THE BUDGET
BILL UNDER § 3-501(C)(2)(II) OF THIS ARTICLE.
Article - Tax - General [2-616.1 2-614. After making the [distributions] DISTRIBUTION required under [§§ 2-613
through 2-615] § 2-613 of this subtitle, the Comptroller shall distribute monthly
[16%] 24% of the remaining income tax revenue from corporations to the Gasoline
and Motor Vehicle Revenue Account in the Transportation Trust Fund. [2-617.] 2-615. After making the distributions required under §§ 2-613 [through 2-616] AND 2- 614 of this subtitle, the Comptroller shall distribute the remaining income tax
revenue from corporations to the General Fund of the State. Article - Transportation 3-215. (b) The tax levied and imposed by this section consists of that part of the
following taxes that are retained to the credit of the Department after distributions to
the political subdivisions: (2) The income tax revenue distributed under [§§ 2-614 and 2-6161 § 2- 614 of the Tax - General Article; 3-216. (e) (1) Except as otherwise provided in this subsection, this section is
effective notwithstanding any other provision of law. [(2) No portion of the Right-of-Way Revolving Fund may be used for any
purpose other than as specified in § 8-305 of this article.]
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Session Laws, 2002
Volume 800, Page 3588   View pdf image
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