Maryland Code, TAX – GENERAL 2-1302.1
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Terms Used In Maryland Code, TAX - GENERAL 2-1302.1
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
After making the distributions required under §§ 2-1301 and 2-1302 of this subtitle, of the sales and use tax collected under § 11-104(c) and (c-1) of this article on short-term vehicle rentals and peer-to-peer car sharing, the Comptroller shall distribute:
(1) 45% to the Transportation Trust Fund established under § 3-216 of the Transportation Article; and
(2) the remainder to the Chesapeake and Atlantic Coastal Bays 2010 Trust Fund.