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<section article="gsf" article_name="State Finance and Procurement" number="6-105" title_number="6" title_name="Revenues" subtitle_number="1" subtitle_name="Studies and Estimates">
  <level label="a">
    <level label="1">
      <text>In this section the following words have the meanings indicated.</text>
    </level>
    <level label="2">
      <text>“Group” means the Consensus Revenue Monitoring and Forecasting Group established under this section.</text>
    </level>
    <level label="3">
      <level label="i">
        <text>“State share of nonwithholding income tax revenues” means the State share of income tax quarterly estimated and final payments with returns made by individuals, as defined in § 10–101 of the Tax – General Article.</text>
      </level>
      <level label="ii">
        <text>“State share of nonwithholding income tax revenues” does not include:</text>
        <level label="1">
          <text>the county share of income tax quarterly estimated and final payments with returns made by individuals;</text>
        </level>
        <level label="2">
          <text>income tax payments made by corporations;</text>
        </level>
        <level label="3">
          <text>income tax refunds paid to individuals or corporations; or</text>
        </level>
        <level label="4">
          <text>income tax withholding.</text>
        </level>
      </level>
    </level>
  </level>
  <level label="b">
    <text>There is a Consensus Revenue Monitoring and Forecasting Group.</text>
  </level>
  <level label="c">
    <text>The Group consists of:</text>
    <level label="1">
      <text>the Chief and staff of the Bureau as designated by the Chief;</text>
    </level>
    <level label="2">
      <text>the Deputy Comptroller with responsibility for tax administration and staff as designated by the Deputy Comptroller with responsibility for tax administration;</text>
    </level>
    <level label="3">
      <text>staff of the Office of the Treasurer as designated by the Treasurer;</text>
    </level>
    <level label="4">
      <text>staff of the Department of Budget and Management as designated by the Secretary of Budget and Management;</text>
    </level>
    <level label="5">
      <text>staff of the Department of Transportation as designated by the Secretary of Transportation; and</text>
    </level>
    <level label="6">
      <text>staff of the Office of Policy Analysis of the Department of Legislative Services as designated by the Director of the Office.</text>
    </level>
  </level>
  <level label="d">
    <text>The Chief shall chair the Group.</text>
  </level>
  <level label="e">
    <text>The Group and its constituent units shall:</text>
    <level label="1">
      <text>review and analyze attainment of revenues on a monthly basis;</text>
    </level>
    <level label="2">
      <text>advise and collaborate with the Bureau:</text>
      <level label="i">
        <text>in the development of revenue forecasts and any necessary revisions to those forecasts; and</text>
      </level>
      <level label="ii">
        <text>in the performance of any pertinent studies or analyses as requested by the Chief or as directed by the Board;</text>
      </level>
    </level>
    <level label="3">
      <text>develop and recommend to the Bureau a methodology for determining the State share of nonwithholding income tax revenues for each fiscal year; and</text>
    </level>
    <level label="4">
      <text>before a new Chief is appointed, review and evaluate candidates for the position.</text>
    </level>
  </level>
  <level label="f">
    <text>To assist the Group in performing its function, the Comptroller and the Bureau shall:</text>
    <level label="1">
      <text>within 7 calendar days after the end of each month, provide to members of the Group detailed data on revenue collections;</text>
    </level>
    <level label="2">
      <text>before any document relating to the work of the Bureau is published, provide a draft of the document to the members of the Group for review and comment; and</text>
    </level>
    <level label="3">
      <text>at the request of the Group, provide research and analysis of particular issues identified by the Group in the course of its duties.</text>
    </level>
  </level>
</section>
