Martin O'Malley, Governor

Ch. 6

(c) The maximum outstanding and unpaid principal balance of consolidated
transportation bonds and bonds of prior issues as of June 30 for the next fiscal year:

(1)       Shall be established each year by the General Assembly in the
State budget; and

(2)       May not exceed the limit established in subsection (b) of this
section.

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:

(1)       The motor fuel tax revenue distributed under §§ 2-1103(2) and
2-1104(41 of the Tax - General Article:

(2)       The income tax revenue distributed under § 2-614 of the Tax -
General Article:

(3)       The excise tax imposed on vehicles by Part II of Title 13, Subtitle 8
of this article: and

(4)       The sales and use tax revenues distributed under [§ 2-1302.1] §§
2-1302.1 AND 2-1302.2 of the Tax - General Article.

13-802.

[The fees] EXCEPT AS PROVIDED IN § 13-805 OF THIS SUBTITLE. THE FEE

for [certificates] EACH CERTIFICATE of title issued under this title [shall be
established by the Administration] IS $50.

13-809.

(a) (3) (I) "Total purchase price" means the price of a vehicle agreed on
by the buyer and the seller, including any dealer processing charge, [with no] LESS AN
allowance for trade-in [or] AS PROVIDED IN SUBPARAGRAPH (II) OF THIS
PARAGRAPH BUT WITH NO ALLOWANCE FOR other nonmonetary consideration.

(II) A TRADE-IN ALLOWANCE SHALL EQUAL 50% OF THE
VALUE. NOT TO EXCEED 50% OF THE VALUE SHOWN IN A NATIONAL
PUBLICATION OF USED VEHICLE VALUES ADOPTED FOR USE BY THE

- 281 -