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Statutes Text

Article - Tax - General




§2–1603.

    After making the distributions required under §§ 2–1601 and 2–1602 of this subtitle, the Comptroller shall distribute:

        (1)    to the Blueprint for Maryland’s Future Fund established under § 5–206 of the Education Article, the following amount or percentage of the remaining tobacco tax revenue:

            (i)    for fiscal year 2025, $88,300,000;

            (ii)    for fiscal year 2026, 32.6%;

            (iii)    for fiscal year 2027, 33.2%; and

            (iv)    for fiscal year 2028 and each fiscal year thereafter, 16.2%; and

        (2)    the remaining tobacco tax revenue to the General Fund of the State.



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