Md. Code, Tax-Gen. § 8-402.1

Maryland · Maryland Code, Tax - General · Status: effective

Cite this

Citation: Md. Code, Tax-Gen. § 8-402.1, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1789979
Permanent ID: ys:prov:1789979@1
SHA-256: e20df8f852cf5211731c0dc8de357e4002b7e046e9eaf9cf6a5feaf59809c1fc

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) (1) In addition to any tax imposed under § 8-402 of this subtitle, a franchise tax is imposed for each calendar year on each public service company engaged in the transmission, distribution, or delivery of electricity or natural gas in the State. (2) The tax imposed under this section is measured by kilowatt hours of electricity or therms of natural gas delivered by the public service company for final consumption in the State. (b) The tax imposed under subsection (a) of this section does not apply to therms of natural gas delivered for final consumption by a public service company that is: (1) a county; or (2) a municipal corporation.