§ 17-303
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/md/business-regulation/17-303A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§17–303.
(a)The minimum license fee under this title is $2.50.
(b)Except as otherwise provided in this title, the license fee shall be prorated quarterly, but not below $2.50, if an applicant applies after May 1 for a license that will become effective before the following April 30.
(1)A person who must have a license under this title but does not get the license on time shall pay to the clerk, in addition to the required license fee, a late fee.
(2)Subject to paragraph
(3)of this subsection, the late fee shall be the sum of:
(i)10% of the required license fee for the calendar month following the calendar month when the required license fee is due; and
(ii)2% of the required license fee for each calendar month or part of a month after that.
(3)A late fee imposed under this subsection may not exceed 30% of the required license fee for the license year.
(d)The Comptroller shall charge an issuance fee for each license that is issued or transferred.