§ 2-1603

Maryland § 2-1603

• Jurisdiction: Maryland
• Article gtg: Tax - General
• Title: 2

Text

After making the distributions required under §§ 2–1601 and 2–1602 of this subtitle, the Comptroller shall distribute:

(1) to the Blueprint for Maryland’s Future Fund established under § 5–206 of the Education Article, the following amount or percentage of the remaining tobacco tax revenue:

(i) for fiscal year 2025, $88,300,000;

(ii) for fiscal year 2026, 32.6%;

(iii) for fiscal year 2027, 33.2%; and

(iv) for fiscal year 2028 and each fiscal year thereafter, 16.2%; and

(2) the remaining tobacco tax revenue to the General Fund of the State.