Section 13-603 - Interest on refunds. - Maryland Statutes

§ 13-603. Interest on refunds.
 

(a)  In general.- Except as otherwise provided in this section, if a claim for refund under § 13-901(a)(1) or (2) or (d)(1)(i) or (2) of this title is approved, the tax collector shall pay interest on the refund from the 45th day after the claim is filed in the manner required in Subtitle 9 of this title to the date on which the refund is paid. 

(b)  Exceptions.- A tax collector may not pay interest on a refund if the claim for refund is: 

(1) made under any provision other than § 13-901(a)(1) or (2) or (d)(1)(i) or (2) of this title; 

(2) based on: 

(i) an error or mistake of the claimant not attributable to the State or a unit of the State government; 

(ii) withholding excess income tax; 

(iii) an overpayment of estimated financial institution franchise tax or estimated income tax; or 

(iv) an overpayment of Maryland estate tax based on an inheritance tax payment made after payment of Maryland estate tax; or 

(3) made for Maryland estate tax or Maryland generation-skipping transfer tax more than 1 year after the event on which the claim is based. 
 

[An. Code 1957, art. 56, § 151A; art. 62A, § 5; art. 81, §§ 218, 310, 348; 1988, ch. 2, § 1; ch. 569, § 1; ch. 643, §§ 2, 3; 1989, ch. 656, § 2.]