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PARRIS N. GLENDENING, Governor
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Ch. 558
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CHAPTER 558
(House Bill 1120)
AN ACT concerning
Sales and Use Tax - Effective Rate Agreements
FOR the purpose of authorizing the Comptroller to enter into certain effective rate
agreements with vendors to allow a vendor to compute sales and use tax liability
for purchases made by the vendor for a specific period using a predetermined
agreed-upon effective rate; authorizing the Comptroller to issue direct payment
permits authorizing the direct payment of sales and use tax due on purchases by
a vendor subject to an effective rate agreement; and generally relating to the
administration of the sales and use tax due on purchases by certain licensed
vendors.
BY repealing and reenacting, with amendments,
Article - Tax - General
Section. 11-407
Annotated Code of Maryland
(1997 Replacement Volume and 2001 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Tax - General
11-407.
(a) (1) [On] EXCEPT AS PROVIDED IN SUBSECTION (C) OF THIS SECTION,
ON or after July 1, 1993, the Comptroller may not:
(i) grant the authority to make direct payment, to the Comptroller,
of sales and use tax due on purchases by a vendor; or
(ii) issue permits evidencing such authority.
(2) Notwithstanding the provisions of paragraph (1) of this subsection,
the Comptroller may continue to administer direct payment permits issued to vendors
before July 1, 1993.
(3) The Comptroller may:
(i) [allow the use of] ISSUE the permit subject to reasonable and
necessary terms and conditions; and
(ii) revoke the direct payment permit at any time for cause.
(b) A vendor who receives evidence that the buyer has a direct payment
permit is discharged from:
(1) the duty to collect the sales and use tax; and
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- 4197 -
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