Martin O'Malley, Governor
Ch. 3
(ii) for a vendor described in subsection (b)(2) of this section,
0.6% of the first $6,000 of the gross amount of sales and use tax that the vendor is or
would be required to pay with the consolidated return.]
11-301.
The sales and use tax is computed on;
(1) the taxable price of each separate sale;
(2) if a combined sale is made, the combined taxable price of all retail
sales on the same occasion by the same vendor to the same buyer; or
(3) if retail sales of tangible personal property or a taxable service are
made through vending or other self-service machines, [95.25%] 94.5% of the gross
receipts from the retail sales.
SECTION 3. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:
5-903.
(b) Of the remaining funds not appropriated under subsection (a)(1) of this
section; the General Assembly shall appropriate the other half of the funds AS
FOLLOWS:
(1) $21,000,000 TO THE CHESAPEAKE BAY 2010 TRUST FUND
ESTABLISHED UNDER § 8-205 OF THIS ARTICLE; AND
(2) THE REMAINDER to assist local governing bodies in acquisition
and development of land for recreation and open space purposes.
(A) THERE IS A CHESAPEAKE BAY 2010 TRUST FUND.
(B) THE PURPOSE OF THE FUND IS TO PROVIDE THE FINANCIAL
ASSISTANCE NECESSARY TO MEET, BY 2010, THE GOALS ESTABLISHED IN THE
CHESAPEAKE 2000 AGREEMENT AND APPROVED BY AN ACT OF THE GENERAL
ASSEMBLY FOR THE RESTORATION OF THE CHESAPEAKE BAY AND ITS
TRIBUTARIES, INCLUDING THE PATUXENT RIVER.
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Article - Natural Resources
8-205.
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