§ 2–1303
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Gen. § 2-1303 (2026)
Title 2. Administration by Comptroller
Subtitle 13. Sales and Use Tax Revenue Distribution
§ 2–1303LinkCopy Citation
After making the distributions required under §§ 2–1301 through 2–1302.5 of this subtitle, the Comptroller shall pay:
(1)
revenues from the hotel surcharge into the Dorchester County Economic Development Fund established under § 10–130 of the Economic Development Article;
(2)
to the Blueprint for Maryland’s Future Fund established under § 5–206 of the Education Article, the following percentage of the remaining sales and use tax revenues:
(i)
for fiscal year 2023, 9.2%;
(ii)
for fiscal year 2024, 11.0%;
(iii)
for fiscal year 2025, 11.3%;
(iv)
for fiscal year 2026, 11.7%; and
(v)
for fiscal year 2027 and each fiscal year thereafter, 12.1%; and
(3)
the remaining sales and use tax revenue into the General Fund of the State.