Ch. 2

2007 Laws of Maryland

6-104.

(a)      (1) After the end of each fiscal year, the Bureau shall submit to the
Board a report that:

(i) contains an itemized statement of the State revenues from all
sources for that fiscal year: and

(ii) includes any recommendations of the Bureau.

(2)      [Before each regular session of the General Assembly] IN

December. March, and September of each year, the Bureau shall submit to

the Board a report that contains an itemized statement of the estimated State revenues
from all sources for the fiscal year following [the session] THE FISCAL YEAR IN WHICH
THE REPORT IS MADE.

(3)      The Bureau shall provide to the Board any other information that
the Board requests.

(4)      Notwithstanding any other provision of law, the
reports required under paragraphs (1) and (2) of this subsection
shall include an itemized statement of:

(I) revenues or estimated revenues distributed to
the Transportation Trust Fund, including the motor fuel taxes
imposed under title 9, subtitle 3 of the tax - general article and
motor vehicle titling taxes imposed under title 13. subtitle 8 of the
transportation article; and

(II) revenues from the state transfer tax imposed
under Title 13. Subtitle 2 of the Tax- Property article.

(b)      In addition to these reports, the Bureau shall continually conduct studies
of State revenue sources to:

(1)      determine the amount of revenue produced: and

(2)      devise and recommend new methods and sources for improved
efficiency, equity, and economy in production [and], collection. AND ESTIMATION of
revenue.

(c)      (1) On or before December 1, 2008. and December 1 of

EVERY THIRD YEAR THEREAFTER. THE BUREAU SHALL SUBMIT TO THE

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