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3650 LAWS OF MARYLAND Ch. 777
(2) A CORPORATION IS SUBJECT TO THE PENALTIES AND
INTEREST PROVIDED IN § 318 OF THIS SUBTITLE IF THE CORPORATION IS
REQUIRED UNDER THIS SECTION TO FILE A DECLARATION OF ESTIMATED
TAX FOR ANY TAXABLE YEAR AND THE CORPORATION:
(I) FAILS TO FILE ON THE DATE OR DATES
HERETOFORE PRESCRIBED;
(II) FAILS TO PAY THE INSTALLMENT OR
INSTALLMENTS WHEN DUE; OR
(III) ESTIMATES A TAX LESS THAN 90 PERCENT OF
THE DEVELOPED TAX SHOWN ON THE RETURN FOR THE CURRENT TAXABLE
YEAR, WHICH ESTIMATE WAS LESS THAN THE TAX PAID FOR THE PRIOR
YEAR.
SECTION 3. AND BE IT FURTHER ENACTED, That for Fiscal 1985
only and from only those funds provided by the income tax changes
provided by Section 2 of this Act, and from no other funds, and
subject to the provisions of law relating to budgetary procedure
to the extent applicable, the amounts specified below, or as much
as is required to accomplish the designated purpose, is hereby
appropriated and authorized to be disbursed from as much of the
revenues as are received by the State from the income tax changes
as provided by Section 2 of this Act:
33.02.00.03 Social Services
In addition to the amount
appropriated in the Budget Bill
and Supplemental Budget for fiscal
year 1985, the following amounts
to be used for administrative and
program costs for the Shelter,
Nutrition, and Service Program for
the Homeless.
General Fund Appropriation........................$480, 000
SECTION 2 4. AND BE IT FURTHER ENACTED, That of the 16
members appointed on July 1, 1984, 8 members shall serve 1-year
terms and 8 members shall serve 2-year terms.
SECTION 3 5. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1984, and that the provisions of
Section 2 of this Act are applicable to taxable years beginning
after December 31, 1983.
Approved May 29, 1984.
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