§ 10–407
Statutes in effect as of October 1, 2026.
Md. Code Ann., Pub. Util. § 10-407 (2026)
Title 10. For-Hire Driving Services
Subtitle 4. Transportation Network Company Services
§ 10–407LinkCopy Citation
(a)
There is a Transportation Network Assessment Fund.
(b)
The Fund consists of assessment revenues submitted to the Comptroller from transportation network companies under § 10–406(g) of this subtitle.
(c)
The purpose of the Fund is to:
(1)
receive assessment revenues submitted from transportation network companies; and
(2)
disburse assessment revenues to the appropriate counties and municipalities in accordance with this subsection.
(d)
(1)
The Comptroller shall:
(i)
deposit in the Fund assessment revenues received from transportation network companies; and
(ii)
disburse trip assessment revenues to the appropriate counties and municipalities.
(2)
The Treasurer is the custodian of the Fund.
(e)
(1)
The Fund is a continuing, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article, and may not be deemed a part of the General Fund of the State.
(2)
No part of the Fund may revert or be credited to:
(i)
the General Fund of the State; or
(ii)
a special fund of the State.