Top marginal State rate increased for tax years 1992 through 1994;
option of filing a combined separate return, restricted, and
subtraction modification added .....................................................

Interest on moneys owed to the State, rate increased; bad check
service charge for taxes paid by bad check, increased; estimated tax
payments for income, franchise, and insurance premium taxes,
requirements altered ..........................................................................

Licenses and permits issued under the authority of the Department
of Licensing and Regulation, certification that all taxes have been
paid to the State, required before issuance or renewal ..................

Local revenue sharing from alcoholic beverage, tobacco, and financial
institutions franchise taxes, provisions repealed ..............................

Motor fuel tax, increased; motor carrier tax rate and trip permit fee,
altered .................................................................................................

Property Tax -
Credit for owner-occupied real property to offset increased county
income tax rate, provisions added; tax bill required to identify

property as either owner-occupied or not ....................................

Renters' tax credit program, expanded to include persons under 60

under specified circumstances .......................................................

State property tax grant to the counties, provisions repealed ........

Retail sales tax exemptions repealed or limited, expanded to selected
services, and loopholes closed, provisions added .............................

Sales and use tax, credit allowed to vendors for collecting sales and
use tax and paying to State, altered; direct payment permits for
vendors, provisions repealed; due date accelerated; resale
exemption altered; auditing provisions altered ................................

State procurement contract bidder required to certify that all taxes
have been paid and a valid sales tax license is held, provisions
added ..................................................................................................

Tax payments by means of electronic transfer of funds, provisions
added ..................................................................................................

Tobacco tax rate increased, distribution of revenue altered, and
vendor discount reduced, provisions added .....................................

Rivers and Streams --

Chesapeake Bay Water Quality Projects, bond funds for sewage
treatment works improvements, creek and small estuary clean-up
activities, and nonpoint source pollution control retrofit projects in
urban areas .........................................................................................

Scenic rivers and greenways, bond funds for land acquisition ...........

* Second Special Session

-215-

INDEX

Chapter

Page

2	70
1	3
1	3
1	3
3	81
2	70
1	3
1	3
1	3
1	3
1	3
1	3
1	3
4	134
4	124