Md. Code Ann., Bus. Reg. § 17-1808
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2023
As of January 1, 2019
(a) (1) Except as otherwise provided in this section, an applicant for a trader’s license shall pay to the clerk a license fee based on the value of the applicant’s stock–in–trade.
(2) In a county other than Baltimore City or Baltimore County, the license fee is:
(i) $15, if the value of the applicant’s stock–in–trade is not more than $1,000;
(ii) $18, if the value is more than $1,000 but not more than $1,500;
(iii) $20, if the value is more than $1,500 but not more than $2,500;
(iv) $25, if the value is more than $2,500 but not more than $4,000;
(v) $30, if the value is more than $4,000 but not more than $6,000;
(vi) $40, if the value is more than $6,000 but not more than $8,000;
(vii) $50, if the value is more than $8,000 but not more than $10,000;
(viii) $65, if the value is more than $10,000 but not more than $15,000;
(ix) $80, if the value is more than $15,000 but not more than $20,000;
(x) $100, if the value is more than $20,000 but not more than $30,000;
(xi) $125, if the value is more than $30,000 but not more than $40,000;
(xii) $150, if the value is more than $40,000 but not more than $50,000;
(xiii) $200, if the value is more than $50,000 but not more than $75,000;
(xiv) $250, if the value is more than $75,000 but not more than $100,000;
(xv) $300, if the value is more than $100,000 but not more than $150,000;
(xvi) $350, if the value is more than $150,000 but not more than $200,000;
(xvii) $400, if the value is more than $200,000 but not more than $300,000;
(xviii) $500, if the value is more than $300,000 but not more than $400,000;
(xix) $600, if the value is more than $400,000 but not more than $500,000;
(xx) $750, if the value is more than $500,000 but not more than $750,000; or
(xxi) $800, if the value is more than $750,000.
(3) In Baltimore City, the license fee is:
(i) $20, if the value of the applicant’s stock–in–trade is not more than $1,000;
(ii) $40, if the value is more than $1,000 but not more than $5,000;
(iii) $80, if the value is more than $5,000 but not more than $10,000;
(iv) $160, if the value is more than $10,000 but not more than $50,000;
(v) $375, if the value is more than $50,000 but not more than $100,000;
(vi) $1,000, if the value is more than $100,000 but not more than $300,000;
(vii) $1,500, if the value is more than $300,000 but not more than $750,000; or
(viii) $2,125, if the value is more than $750,000.
(4) In Baltimore County, the license fee is:
(i) $20, if the value of the applicant’s stock–in–trade is not more than $1,000;
(ii) $40, if the value is more than $1,000 but not more than $5,000;
(iii) $80, if the value is more than $5,000 but not more than $10,000;
(iv) $160, if the value is more than $10,000 but not more than $50,000;
(v) $375, if the value is more than $50,000 but not more than $100,000;
(vi) $450, if the value is more than $100,000 but not more than $200,000;
(vii) $500, if the value is more than $200,000 but not more than $300,000;
(viii) $775, if the value is more than $300,000 but not more than $400,000;
(ix) $1,000, if the value is more than $400,000 but not more than $500,000;
(x) $1,250, if the value is more than $500,000 but not more than $750,000; and
(xi) $1,600, if the value is more than $750,000.
(b) (1) This subsection does not apply to a domestic corporation that has shares subject to taxation under State law.
(2) In determining the value of an applicant’s stock-in-trade, the clerk shall accept as prima facie evidence the values shown on the certification of the State Department of Assessments and Taxation required by § 17-302 of this title.
(c) Notwithstanding the provisions of this section, if the average value of the applicant’s stock-in-trade is $10,000 or less, a visually handicapped applicant who meets the standards of § 17-1806(b)(2) of this subtitle or Blind Industries shall pay to the clerk a license fee of only $6.
(a) (1) The clerk shall state on each trader’s license the place where the licensee may do business as a trader.
(2) A trader may keep a place of business only at the place stated on the trader’s license.
(b) A trader’s license issued to an exhibitor authorizes the holder to do business as an exhibitor at any show in the State.
(c) A trader’s license issued to a peddler, as defined in § 17–901 of this title, authorizes the holder of the trader’s license to act as a peddler only in the county where the trader’s license was issued.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.