Ch. 2

1992 LAWS OF MARYLAND

(B) (1) FOR EACH FISCAL YEAR, THE COMPTROLLER SHALL
DETERMINE AS ROUNDED TO THE NEAREST CENT:

(I)     THE PER CAPITA YIELD OF THE COUNTY INCOME TAX
FOR EACH COUNTY, BASED ON:

1.       UNLESS A COUNTY INCOME TAX RATE OF OTHER
THAN 50% WAS IN EFFECT, THE RECEIPTS DESCRIBED IN SUBSECTION (A)
(2) OF THIS SECTION;

2.       THE POPULATION OF THE COUNTY AS LAST
PROJECTED BY THE DEPARTMENT OF HEALTH AND MENTAL HYGIENE
FOR JULY 1 OF THE APPLICABLE TAXABLE YEAR OR THE LATEST
DECENNIAL CENSUS FOR THE APPLICABLE TAXABLE YEAR; AND

3.       IF THE COUNTY INCOME TAX RATE IS OTHER
THAN 50% IN THE APPLICABLE TAXABLE YEAR, THE RECEIPTS DESCRIBED
IN SUBSECTION (A)(2) OF THIS SECTION THAT WOULD HAVE BEEN
RECEIVED IF A COUNTY INCOME TAX RATE OF 50% HAD BEEN IN EFFECT;
AND

(II)    THE PER CAPITA STATEWIDE YIELD OF THE COUNTY
INCOME TAX, BASED ON:

1.       THE TOTAL RECEIPTS FOR COUNTY INCOME TAX
DESCRIBED IN SUBSECTION (A)(2) OF THIS SECTION FOR COUNTIES WITH
AN INCOME TAX RATE OF 50% IN EFFECT;

2.       THE STATE POPULATION AS LAST PROJECTED BY
THE DEPARTMENT OF HEALTH AND MENTAL HYGIENE FOR JULY 1 OF
THE APPLICABLE TAXABLE YEAR OR THE LATEST DECENNIAL CENSUS
FOR THE APPLICABLE TAXABLE YEAR: AND

3.       FOR COUNTIES WITH AN INCOME TAX RATE OF
OTHER THAN 50% IN EFFECT, THE TOTAL RECEIPTS FOR COUNTY INCOME
TAX DESCRIBED IN SUBSECTION (A)(2) OF THIS SECTION THAT WOULD
HAVE BEEN RECEIVED IF A COUNTY INCOME TAX RATE OF 50% HAD
BEEN IN EFFECT.

(2)     IF THE PER CAPITA YIELD OF THE COUNTY INCOME TAX
FOR A COUNTY DETERMINED UNDER PARAGRAPH (1)(I) OF THIS
SUBSECTION IS LESS THAN 70% OF THE PER CAPITA STATEWIDE YIELD OF
THE COUNTY INCOME TAX DETERMINED UNDER PARAGRAPH (1)(II) OF
THIS SUBSECTION, THE COMPTROLLER SHALL DETERMINE THE AMOUNT
THAT WOULD INCREASE THE COUNTY PER CAPITA YIELD TO EQUAL 70%
OF THE STATEWIDE PER CAPITA YIELD, AS ROUNDED TO THE NEAREST
DOLLAR.

(3)     A COUNTY MAY NOT RECEIVE A DISTRIBUTION UNDER
THIS SUBSECTION IF THE COUNTY TAX RATE IN THAT COUNTY WAS LESS
THAN 50%:

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