Section 2-202 - To General Fund, county, municipal corporation, and Maryland Stadium Authority. - Maryland Statutes

§ 2-202. To General Fund, county, municipal corporation, and Maryland Stadium Authority.
 

(a)  In general.- After making the distribution required under § 2-201 of this subtitle, within 20 days after the end of each quarter, the Comptroller shall distribute: 

(1) except as provided in subsection (b) of this section, from the revenue from the State admissions and amusement tax on electronic bingo and electronic tip jars under § 4-102(d) of this article: 

(i) the revenue attributable to a tax rate of 20% to the General Fund of the State; and 

(ii) the revenue attributable to a tax rate in excess of 20% to the Special Fund for Preservation of Cultural Arts in Maryland, as provided in § 4-801 of the Economic Development Article; and 

(2) the remaining admissions and amusement tax revenue: 

(i) to the Maryland Stadium Authority, county, or municipal corporation that is the source of the revenue; or 

(ii) if the Maryland Stadium Authority and also a county or municipal corporation tax a reduced charge or free admission: 

1. 80% of that revenue to the Authority; and 

2. 20% to the county or municipal corporation. 

(b)  Distribution; creation of special fund.- The revenue to be distributed in accordance with subsection (a)(1) of this section: 

(1) for fiscal year 2010 only, shall be distributed to the General Fund of the State; and 

(2) for fiscal year 2011 only, shall be distributed as follows: 

(i) $500,000 to the Special Fund for Preservation of Cultural Arts in Maryland, as provided in § 4-801 of the Economic Development Article; 

(ii) $500,000 to a special fund, to be used only as provided in subsection (c) of this section; and 

(iii) the balance to the General Fund of the State. 

(c)  Special fund grants to counties with electronic bingo machines or electronic tip jar machines.-  

(1) For fiscal year 2011, the Comptroller shall pay from the special fund established under subsection (b)(2)(ii) of this section a grant to the local jurisdictions where the electronic bingo machines or electronic tip jar machines that are the source of the revenue are located, to be used by the local jurisdictions only for one-time capital expenditures. 

(2) A grant under this subsection shall be paid to a municipal corporation if the machines are located in a municipal corporation or to a county if the machines are not located in a municipal corporation. 

(3) The grants under this subsection shall be paid to each local jurisdiction in proportion to the amount of tax revenue derived from machines in each jurisdiction. 
 

[An. Code 1957, art. 81, §§ 402, 404; 1988, ch. 2, § 1; 2007 Sp. Sess., ch. 6, § 1; 2009, ch. 661; 2010, ch. 484, § 4.]