Md. Code Ann., Tax-Gen. § 2-613.1
Distribution from corporate tax account
Effective Jul 1, 2010Added by Acts 2007, 1st Sp. Sess., c. 3, § 4, eff. Jan. 1, 2008. Amended by Acts 2009, c. 487, § 1, eff. June 1, 2009; Acts 2010, c. 192, § 1, eff. July 1, 2010; Acts 2010, c. 193, § 1, eff. July 1, 2010.State of Maryland
- (1) 6% to the Higher Education Investment Fund established under § 15-106.6 of the Education Article; and
- (2) 9.15% to the General Fund.
After making the distribution required under § 2-613 of this subtitle, of the remaining income tax revenue from corporations, the Comptroller shall distribute:
Added by Acts 2007, 1st Sp. Sess., c. 3, § 4, eff. Jan. 1, 2008. Amended by Acts 2009, c. 487, § 1, eff. June 1, 2009; Acts 2010, c. 192, § 1, eff. July 1, 2010; Acts 2010, c. 193, § 1, eff. July 1, 2010.