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§ 13-814. Money deposited in State Treasury and transferred to Transportation Trust Fund

West's Annotated Code of MarylandTransportationEffective: July 1, 2018

West's Annotated Code of Maryland
Transportation
Title 13. Vehicle Laws--Certificates of Title and Registration of Vehicles (Refs & Annos)
Subtitle 8. Titling Fees and Taxes (Refs & Annos)
Part II. Excise Tax
Effective: July 1, 2018
MD Code, Transportation, § 13-814
§ 13-814. Money deposited in State Treasury and transferred to Transportation Trust Fund
Currentness
In general
(a) Except as provided in subsection (b) of this section, money collected under this part shall be deposited in the State Treasury and accounted for on the records of the Comptroller and transferred to the Transportation Trust Fund.
Distributions to Off-Highway Recreational Vehicle Trail Fund
(b) Of the revenue from the excise tax imposed for each certificate of title issued for an off-highway recreational vehicle under § 13-809 of this subtitle, the Comptroller shall distribute to the Off-Highway Recreational Vehicle Trail Fund established under § 5-1011 of the Natural Resources Article:
(1) 25% in fiscal year 2019; and
(2) 50% in fiscal year 2020 and each year thereafter.

Credits

Added by Acts 1977, c. 14, § 2, eff. July 1, 1977. Amended by Acts 1977, c. 672; Acts 1980, c. 532; Acts 1994, c. 643, § 1, eff. July 1, 1995; Acts 2018, c. 700, § 1, eff. July 1, 2018.
Formerly Art. 66 ½, § 3-831.
MD Code, Transportation, § 13-814, MD TRANS § 13-814
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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