{"data":{"id":"us-md/md.-code-tax-general-8-402","jurisdiction":"us-md","citation":"Md. Code, Tax - General § 8–402","heading":"","body":"(a) A franchise tax, measured by gross receipts, is imposed, for each calendar year, on each public service company:\n(1) engaged in a telephone business in the State; or\n(2) engaged in the transmission, distribution, or delivery of electricity or natural gas in the State.\n(b) The tax imposed under subsection (a) of this section does not apply to a public service company that is:\n(1) a county;\n(2) a municipal corporation;\n(3) a nonprofit electric cooperative; or\n(4) a public–private partnership formed for the generation of clean or renewable energy if:\n(i) 30% or more of the electricity generated through the public–private partnership is purchased by the public partner; and\n(ii) the clean or renewable energy generating station is sited on an eligible clean and renewable energy generation site as determined by the Department of the Environment, including:\n1. rooftops;\n2. parking lots;\n3. landfills;\n4. brownfields sites;\n5. voluntary cleanup program sites;\n6. reclaimed mines;\n7. Superfund sites; and\n8. sediment or retention ponds.\n(c) The Department of the Environment may adopt regulations regarding the determination of eligible clean or renewable energy generation sites under subsection (b)(4) of this section.","path":["Article - Tax - General"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtg\u0026section=8-402","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:01:18Z","sha256":"4860ceb4ab921d4f3039b7b9ff2a2fd4705d0b3a5a6b453d1a72add448a698ef","source_id":"us-md","stale":false,"prev":"us-md/md.-code-tax-general-8-401","next":"us-md/md.-code-tax-general-8-402.1"},"notice":"GroundRules: Original legal text. Not legal advice."}