Maryland Statutes
§ 19-727
(a)Except as provided in subsection (b) of this section, a health maintenance organization is not exempted from any State, county, or local taxes solely because of this subtitle.
(b)(1) A nonprofit health maintenance organization that is exempt from taxation under § 501(c)(3) of the Internal Revenue Code is not subject to the insurance premium tax under Title 6, Subtitle 1 of the Insurance Article.
(2)Premiums received by an insurer under policies that provide health maintenance organization benefits are not subject to the premium tax imposed under Title 6, Subtitle 1 of the Insurance Article to the extent:
(i)Of the amounts actually paid by the insurer to a nonprofit health maintenance organization that operates only as a health maintenance or
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Nearby Sections
15
§ 19-101
§ 19-101§ 19-102
§ 19-102§ 19-103
§ 19-103§ 19-104
§ 19-104§ 19-105
§ 19-105§ 19-106
§ 19-106§ 19-107
§ 19-107§ 19-108
§ 19-108§ 19-108.1
§ 19-108.1§ 19-108.2
§ 19-108.2§ 19-108.3
§ 19-108.3§ 19-108.4
§ 19-108.4§ 19-108.5
§ 19-108.5§ 19-108.6
§ 19-108.6§ 19-109
§ 19-109