Ch. 293                                 LAWS OF MARYLAND

WHEREAS, This 5% on top of whatever sales tax was paid
in the original state of purchase is a significant irritant to
newcomers to the State; and

WHEREAS, The implication is that many companies seeking to
relocate to Maryland have to assume the burden of these costs or
deal with dissatisfied relocated employees thereby reducing a
business' ability to recruit out-of-state employees at
competitive wage rates; and                                                       

WHEREAS, The Governor's Task Force on the Economic Expansion
of Service Industries recommended in 1983 that this disincentive
to economic development in the State be addressed through
legislation; now, therefore,                         

SECTION l. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Transportation

13-609.

(c) (3) (I) IF THE VEHICLE WAS FORMER TITLED IN ANOTHER
STATE AND THE PRESENT OWNER HAS PAID A SALES OR EXCISE TAX TO
THAT STATE IN AN AMOUNT LESS THAN THE TAX IMPOSED BY THIS
SECTION, THE TAX IMPOSED SHALL APPLY BUT AT A RATE MEASURED BY
THE DIFFERENCE ONLY BETWEEN THE 5 PERCENT RATE FIXED IN THIS
SECTION AND THE RATE BY WHICH THE PREVIOUS TAX PAID IN THE OTHER
STATE WAS COMPUTED.

(II) IF THE RATE OF TAX IMPOSED IN SUCH OTHER
STATE IS THE SAME OR MORE THAN THE 5 PERCENT RATE IMPOSED BY THIS
SECTION, THE TAX IMPOSED SHALL BE BASED ON A VEHICLE WITH A FAIR
MARKET VALUE OF $500.

(C) (3) (I) IF THE VEHICLE WAS FORMERLY TITLED AND
REGISTERED IN ANOTHER STATE AND THE PRESENT OWNER HAS NOT LIVED
IN MARYLAND BEEN A MARYLAND RESIDENT FOR MORE THAN 90 30 DAYS AND
HAS PAID A SALES OR EXCISE TAX TO THAT STATE AT A RATE LESS THAN
THAT IMPOSED BY THIS STATE, THEN THE TAX IMPOSED SHALL APPLY BUT
AT A RATE MEASURED BY THE DIFFERENCE ONLY BETWEEN THE TAX RATE
PAID TO THE OTHER STATE AND THE TAX RATE IMPOSED BY THIS SECTION.

(II) THE MINIMUM TAX IMPOSED UNDER THIS SECTION SHALL
BE $50 $ 100.

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