Ch. 3

2007 Laws of Maryland

SECTION 13. 10. AND BE IT FURTHER ENACTED, That, notwithstanding
any other provision of law, except as otherwise provided in regulations that the
Comptroller adopts, the reports and statements required for a taxable year beginning
before January 1, 2007, under §§ 10-402(c)(2)(vi) and 10-804.1 of the Tax - General
Article as enacted by Section 6 of this Act shall be submitted as part of a corporation's
tax return for the corporation's next taxable year beginning after December 31, 2006.
and shall be reflected in the Comptroller's reports to be submitted in 2008 to the
Governor and General Assembly under §§ 10-402(c)(vii) and 10-804.1 of the Tax -
General Article.

SECTION 9. 14. AND BE IT FURTHER ENACTED, That all cigarettes used,
possessed, or held in the State on or after January 1, 2008, by any person for sale or
use in the State, shall be subject to the full tobacco tax of $2 on cigarettes imposed by
this Act. This requirement includes: (1) cigarettes in vending machines or other
mechanical dispensers; and (2) cigarettes (generally referred to as "floor stock") in
packages which already bear stamps issued by the Comptroller under the State
Tobacco Tax Act but for an amount less than the full tax imposed on $1 for each 10
cigarettes or fractional part thereof; all cigarettes held for sale by any person in the
State on or after January 1, 2008, that bear a stamp issued by the Comptroller of a
value less than $2 for each pack of 20 cigarettes must be stamped with the additional
stamps necessary to make the aggregate tax value equal to $2. The Comptroller may
provide an alternative method of collecting the additional tax. The revenue
attributable to this requirement shall be remitted to the Comptroller by April 30,
2008. Except as otherwise provided in this Section, on or after January 1, 2008, no
Maryland stamp shall be used except the stamp issued by the Comptroller to evidence
the tobacco tax on cigarettes of $2 imposed by this Act.

SECTION 15. AND BE IT FURTHER ENACTED. That § 13-809 of the
Transportation Article as enacted by Section 6 of this Act shall be applicable) to all
certificates of title issued in the State on or after January 1, 2008, and to all motor
vehicles, trailers, or semitrailers subject to the excise tax that are in interstate
operation and registered under § 13-109(c) or (d) of the Transportation Article without
a certificate of title on or after January 1, 2008.

SECTION 16. AND BE IT FURTHER ENACTED, That, notwithstanding the
provisions of Section 6 of this Act, the modified definition of "total purchase price" for
the purposes of the calculation of the motor vehicle excise tax imposed on a vehicle
under § 13-809(a) of the Transportation Article as enacted under Section 6 of this Act
does not apply until any Consolidated Transportation Bonds that were issued by the
Department of Transportation before January 1, 2008 no longer remain outstanding
and unpaid; provided, however, that in any fiscal year for which funds are
appropriated by the General Assembly to pay the principal of and interest on the
Department of Transportation's Consolidated Transportation Bonds due and payable
in that fiscal year, the Motor Vehicle Administration shall collect the reduced motor

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