[Adopted 6-25-1974 by Res. No. 183[1]]
[1]
Editor's Note: The preamble to this resolution
read as follows:
"WHEREAS, Section 283 of Article 81, as enacted
by Chapter 142 of the Acts of the 1967 General Assembly as amended
by Chapters 452 and 656 of the Acts of the 1968 General Assembly,
authorizes the counties and the City of Baltimore to adopt a local
tax imposed upon the residents of the County or the City as a percentage
of the liability of the residents for State income tax but not exceed
fifty percent of the State income tax liability, and
WHEREAS, the levy of this local income tax
will provide funds to Wicomico County in lieu of its previous share
of the State income tax and will provide funds for payment by the
County to the incorporated municipalities of their previous share
of the State income tax, and
WHEREAS, Section 283(d) of Article 81, as
enacted by Chapter 452 of the Acts of the 1968 General Assembly, requires
that every County and the City of Baltimore levy a local income tax
of not less than a rate of twenty percent of the State income tax
liability or such exact multiple of five percent of the State income
tax liability that equals or exceeds the amount required to pay the
principal and interest owed by the County on the State school construction
loan.
NOW THEREFORE BE IT RESOLVED BY THE COUNTY
COUNCIL OF WICOMICO COUNTY..."
[Amended 6-15-1993 by Res. No. 419; 4-17-2012 by Bill No. 2012-2]]
Pursuant to the power, authority and requirement
set out in § 10-106 of the Tax - General Article of the Annotated
Code of Maryland, a County income tax rate of 3.2% of an individual’s
Maryland taxable income is established commencing January 1, 2013.
[Amended 10-17-2006 by Bill No. 2006-11]
This rate shall continue in effect for each
succeeding calendar year until changed by the County Council on or
before July 1 in the calendar year in which the rate is established.
