§ 2-110
229 words·~1 min read·
/md/tax-general/2-110A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§2–110.
(1)The Comptroller shall include on the individual income tax return form a checkoff designated as the “State Chesapeake Bay and Endangered Species Fund Contribution”.
(2)The checkoff shall state that:
(i)the individual, or each spouse in the case of a joint return, may contribute to the State Chesapeake Bay and Endangered Species Fund the amount designated by the individual; and
(ii)1. the individual shall deduct the amount of the contribution from any refund to which the individual is entitled; or
2. if the individual is not entitled to a refund, the individual shall add the amount of the contribution to the income tax to be paid with the return.
(3)The Comptroller shall include, with the individual income tax return package, a description of the purposes for which the State Chesapeake Bay and Endangered Species Fund was established and the purposes for which the Fund may be used.
(b)The Comptroller shall:
(1)collect the checkoff contributions and account to the State Treasurer for the money collected;
(2)from the contributions collected, distribute the amount necessary to administer the checkoff system to an administrative cost account; and
(3)after the distribution under item
(2)of this subsection, distribute the remainder of the money collected under this subsection to the Chesapeake Bay and Endangered Species Fund established under § 1-702 of the Natural Resources Article.