§ 8–408
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Gen. § 8-408 (2026)
Title 8. Franchise Taxes
Subtitle 4. Public Service Company Franchise Tax
§ 8–408LinkCopy Citation
The Department shall:
(1)
administer the laws that relate to the public service company franchise tax;
(2)
adopt reasonable regulations to administer the provisions of laws that relate to the public service company franchise tax;
(3)
design the returns and forms that, on completion, provide the information required for the administration of the public service company franchise tax laws;
(4)
collect the public service company franchise tax revenue, including penalties and interest;
(5)
pay that revenue into the General Fund of the State; and
(6)
certify to the Comptroller that revenue.