§ 2–1603
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Gen. § 2-1603 (2026)
Title 2. Administration by Comptroller
Subtitle 16. Tobacco Tax Revenue Distribution
§ 2–1603LinkCopy Citation
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.