Search
Bill number does not exist. Enter a vaild keyword.

Statutes Text

Article - Tax - General




§2–202.

    (a)    After making the distribution required under § 2–201 of this subtitle, within 20 days after the end of each quarter, the Comptroller shall distribute:

        (1)    except as provided in subsections (b) and (c) of this section, from the revenue from the State admissions and amusement tax on electronic bingo and electronic tip jars under § 4–102(e) of this article:

            (i)    1.    for fiscal years 2016 through 2021, the revenue attributable to a tax rate of 20% to the Maryland E–Nnovation Initiative Fund under § 6–604 of the Economic Development Article; and

                2.    in fiscal year 2022 and in each fiscal year thereafter, the revenue attributable to a tax rate of 20% to the General Fund of the State; and

            (ii)    1.    for fiscal year 2018, the revenue attributable to a tax rate of 5% as follows:

                A.    to the Special Fund for Preservation of Cultural Arts in Maryland, as provided in § 4–801 of the Economic Development Article, up to an aggregate amount of $1,000,000 in each fiscal year; and

                B.    the remainder to the Maryland State Arts Council, as provided in § 4–512 of the Economic Development Article;

                2.    for fiscal years 2019 through 2021, the revenue attributable to a tax rate of 5% as follows:

                A.    to the Maryland State Arts Council, as provided in § 4–512 of the Economic Development Article, $1,000,000 in each fiscal year; and

                B.    the remainder to the Special Fund for Preservation of Cultural Arts in Maryland, as provided in § 4–801 of the Economic Development Article; and

                3.    in fiscal year 2022 and in each fiscal year thereafter, the revenue attributable to a tax rate of 5% to the Special Fund for Preservation of Cultural Arts in Maryland, as provided in § 4–801 of the Economic Development Article; and

        (2)    the remaining admissions and amusement tax revenue:

            (i)    to the Maryland Stadium Authority, county, or municipal corporation that is the source of the revenue; or

            (ii)    if the Maryland Stadium Authority and also a county or municipal corporation tax a reduced charge or free admission:

                1.    80% of that revenue to the Authority; and

                2.    20% to the county or municipal corporation.

    (b)    From the revenue from the State admissions and amusement tax on electronic bingo and electronic tip jars in Calvert County under § 4–102(e) of this article, the Comptroller shall distribute from:

        (1)    the revenue attributable to a tax rate of 1.5%:

            (i)    $50,000 to the Boys and Girls Club of the Town of North Beach; and

            (ii)    the remainder to the Town of North Beach;

        (2)    the revenue attributable to a tax rate of 2.5% to the Town of Chesapeake Beach; and

        (3)    the revenue attributable to a tax rate of 4% to the Calvert County Youth Recreational Opportunities Fund under Title 5, Subtitle 19 of the Natural Resources Article.

    (c)    From the revenue attributable to a tax rate of 5% to be distributed to the Special Fund for Preservation of Cultural Arts in Maryland or the Maryland State Arts Council under subsection (a)(1)(ii) of this section, the Comptroller shall distribute:

        (1)    for fiscal year 2019 and each fiscal year thereafter, $250,000 to the Arts Council of Anne Arundel County; and

        (2)    for fiscal year 2020 and each fiscal year thereafter, $250,000 to the Maryland Historical Society.