Md. Code Ann., Tax-Gen. § 2-1104
Disbursements to Chesapeake Bay Trust Fund, Transportation Trust Fund
Effective Apr 14, 2015Added as Tax-General § 2-1004 by Acts 1988, c. 2, § 1, eff. Jan. 1, 1989. Renumbered as Tax-General § 2-1104 by Acts 1988, c. 643, § 1, eff. Jan. 1, 1989. Amended by Acts 1988, c. 643, § 3, eff. Jan. 1, 1989; Acts 1996, c. 10, § 1, eff. April 9, 1996; Acts 2007, 1st Sp. Sess., c. 6, § 5, eff. July 1, 2008; Acts 2008, c. 414, § 1, eff. July 1, 2008; Acts 2009, c. 487, § 1, eff. June 1, 2009; Acts 2010, c. 484, § 7, eff. June 1, 2010; Acts 2011, c. 397, § 1, eff. July 1, 2011; Acts 2012, 1st Sp. Sess., c. 1, § 1, eff. June 1, 2012; Acts 2013, c. 43, § 5; Acts 2013, c. 180, § 2, eff. July 1, 2013; Acts 2014, c. 45, § 1, eff. April 8, 2014; Acts 2015, c. 22, § 1, eff. April 14, 2015.State of Maryland
(a) Except as otherwise provided in this section, after making the distributions required under §§ 2-1101 through 2-1103 of this subtitle, from the remaining motor fuel tax revenue, the Comptroller shall distribute:
- (1) 2.3% to the Chesapeake and Atlantic Coastal Bays 2010 Trust Fund;
- (2) 0.5% to the Waterway Improvement Fund; and
- (3) any remaining balance to the Gasoline and Motor Vehicle Revenue Account of the Transportation Trust Fund.
(b) For each fiscal year beginning on or before July 1, 2015, instead of the distribution required under subsection (a)(1) of this section, the Comptroller shall distribute 2.3% of the remaining motor fuel tax revenue as follows:
(1) to the General Fund of the State:
- (i) $5,000,000 for each fiscal year beginning on or before July 1, 2011;
- (ii) $5,000,000 for each of the fiscal years beginning July 1, 2012, July 1, 2013, and July 1, 2014; and
- (iii) $4,624,687 for the fiscal year beginning July 1, 2015;
- (2) $8,000,000 to the Budget Restoration Fund for the fiscal year beginning July 1, 2012; and
- (3) the balance to the Chesapeake and Atlantic Coastal Bays 2010 Trust Fund.
Added as Tax-General § 2-1004 by Acts 1988, c. 2, § 1, eff. Jan. 1, 1989. Renumbered as Tax-General § 2-1104 by Acts 1988, c. 643, § 1, eff. Jan. 1, 1989. Amended by Acts 1988, c. 643, § 3, eff. Jan. 1, 1989; Acts 1996, c. 10, § 1, eff. April 9, 1996; Acts 2007, 1st Sp. Sess., c. 6, § 5, eff. July 1, 2008; Acts 2008, c. 414, § 1, eff. July 1, 2008; Acts 2009, c. 487, § 1, eff. June 1, 2009; Acts 2010, c. 484, § 7, eff. June 1, 2010; Acts 2011, c. 397, § 1, eff. July 1, 2011; Acts 2012, 1st Sp. Sess., c. 1, § 1, eff. June 1, 2012; Acts 2013, c. 43, § 5; Acts 2013, c. 180, § 2, eff. July 1, 2013; Acts 2014, c. 45, § 1, eff. April 8, 2014; Acts 2015, c. 22, § 1, eff. April 14, 2015.
Formerly Art. 56, § 137.