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WES MOORE, Governor Ch. 717

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(II) REMIT THE TRANSPORTATION NETWORK COMPANY IMPACT FEE TO THE COMPTROLLER NOT LATER THAN 30 DAYS AFTER THE END OF A CALENDAR QUARTER, OR AS OTHERWISE SPECIFIED BY THE COMPTROLLER IN REGULATIONS.

(2) FOR THE EXPENSE OF REPORTING AND REMITTING THE TRANSPORTATION NETWORK COMPANY IMPACT FEE THE TRANSPORTATION NETWORK COMPANY MAY RETAIN THE LESSER OF 0.9% OF THE AMOUNT THE TRANSPORTATION NETWORK COMPANY REMITS UNDER PARAGRAPH (1)(II) OF THIS SUBSECTION OR $250.

(E) EXCEPT AS OTHERWISE PROVIDED IN THIS SECTION, THE AUDIT, ASSESSMENT, LIABILITY FOR PAYMENT, REFUND, PENALTY, INTEREST, ENFORCEMENT, COLLECTION REMEDIES, APPEAL, AND ADMINISTRATIVE PROVISIONS THAT ARE APPLICABLE TO AN ASSESSMENT IMPOSED UNDER § 10–406 OF THIS SUBTITLE APPLY TO THE TRANSPORTATION NETWORK COMPANY IMPACT FEE.

(F) (1) FROM THE TRANSPORTATION NETWORK COMPANY IMPACT FEE REVENUE, THE COMPTROLLER SHALL DISTRIBUTE THE AMOUNT NECESSARY TO PAY REFUNDS RELATING TO THE TRANSPORTATION NETWORK COMPANY IMPACT FEE TO A REFUND ACCOUNT.

(2) AFTER MAKING THE DISTRIBUTION REQUIRED UNDER PARAGRAPH (1) OF THIS SUBSECTION, THE COMPTROLLER SHALL DISTRIBUTE THE AMOUNT NECESSARY TO ADMINISTER THE TRANSPORTATION NETWORK COMPANY IMPACT FEE TO AN ADMINISTRATIVE COST ACCOUNT.

(3) AFTER MAKING THE DISTRIBUTIONS REQUIRED UNDER PARAGRAPHS (1) AND (2) OF THIS SUBSECTION, THE COMPTROLLER SHALL DEPOSIT THE BALANCE OF THE REVENUE FROM THE TRANSPORTATION NETWORK COMPANY IMPACT FEE IN THE TRANSPORTATION NETWORK COMPANY IMPACT FEE ACCOUNT IN THE TRANSPORTATION TRUST FUND.

(G) THE COMPTROLLER MAY ADOPT REGULATIONS OR OTHER REQUIREMENTS OR PROCEDURES TO CARRY OUT THIS SECTION, INCLUDING REQUIREMENTS AND PROCEDURES REGARDING THE ADMINISTRATION, COLLECTION, AND ENFORCEMENT OF THE TRANSPORTATION NETWORK COMPANY IMPACT FEE.

(H) THIS SECTION MAY NOT BE CONSTRUED TO HAVE ANY EFFECT ON AN ASSESSMENT IMPOSED UNDER § 10–406 OF THIS SUBTITLE.

Article – Tax – General