§ 12-110. Collection and disbursement
West's Annotated Code of MarylandTax-PropertyEffective: July 1, 2019
Effective: July 1, 2019
MD Code, Tax - Property, § 12-110
§ 12-110. Collection and disbursement
(a)(1) Except as provided in subsections (c) and (d) of this section, in any county except Prince George's, the recordation tax collected by the collector or the clerk of the circuit court shall be paid to the governing body of the county in which the recordation tax was collected.
(b)(1) A person who offers for recordation an instrument of writing for property located in 2 or more counties shall submit to the collector or the clerk of the circuit court for each county a certificate showing the apportionment of the total value of the property between each of the counties.
(c) Recordation tax collected under § 12-103(c) of this title shall be paid to the Comptroller for deposit in the General Fund of the State.
(d)(1) The Department shall deduct the cost of administering the recordation tax from the taxes collected under this title and credit those revenues to the fund established under § 1-203.3 of the Corporations and Associations Article.
Credits
Added by Acts 1985, c. 8, § 2, eff. Feb. 1, 1986. Amended by Acts 1986, c. 171; Acts 1994, c. 720, § 1, eff. July 1, 1995; Acts 2000, c. 61, § 6, eff. April 25, 2000; Acts 2000, c. 639, § 1, eff. July 1, 2000; Acts 2000, c. 679, § 1, eff. July 1, 2001; Acts 2007, 1st Sp. Sess., c. 3, § 7, eff. July 1, 2008; Acts 2019, c. 268, § 1, eff. July 1, 2019.
Formerly Art. 81, §§ 277, 278.
MD Code, Tax - Property, § 12-110, MD TAX PROPERTY § 12-110
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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