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<section article="gsf" article_name="State Finance and Procurement" number="7-117" title_number="7" title_name="Appropriations" subtitle_number="1" subtitle_name="State Operating Budget">
  <level label="a">
    <text>Subject to § 2–1257 of the State Government Article, the Secretary shall provide to the General Assembly on a biennial basis by no later than February 1 of the fiscal year preceding the fiscal year the report covers, a report that contains a statement of the estimated amount by which exemptions from taxation reduce, for the year:</text>
    <level label="1">
      <text>State revenues; and</text>
    </level>
    <level label="2">
      <text>revenues that the State collects for local governments.</text>
    </level>
  </level>
  <level label="b">
    <text>For each exemption, the statement shall:</text>
    <level label="1">
      <text>show the estimated amount by which the exemption reduces revenues;</text>
    </level>
    <level label="2">
      <text>identify the person or the part of the population that benefits from the exemption; and</text>
    </level>
    <level label="3">
      <text>say whether the exemption conflicts with any other State program.</text>
    </level>
  </level>
  <level label="c">
    <text>The statement shall include:</text>
    <level label="1">
      <text>each subtraction modification under § 10–207, § 10–208, or § 10–209 of the Tax – General Article; and</text>
    </level>
    <level label="2">
      <text>each exemption under:</text>
      <level label="i">
        <text>Title 8, Subtitle 7 of the Natural Resources Article;</text>
      </level>
      <level label="ii">
        <text>§ 5–104, § 6–103, § 7–203, § 7–303, § 9–203, § 9–303, § 9–304, § 10–104, § 10–211, § 10–212, § 12–104, or Title 11, Subtitle 2 of the Tax – General Article;</text>
      </level>
      <level label="iii">
        <text>Title 7 of the Tax – Property Article; and</text>
      </level>
      <level label="iv">
        <text>§ 13–810 or § 13–903 of the Transportation Article.</text>
      </level>
    </level>
  </level>
  <level label="d">
    <text>The Comptroller, the Department of Assessments and Taxation, the Maryland Department of Labor, the Department of Natural Resources, the Department of Transportation, and other units of the State government shall help the Secretary of Budget and Management to prepare a draft of the statement under this section.</text>
  </level>
</section>
