(a) Each county, municipality, and special taxing district shall maintain the uniform system of financial reporting established by the Department of Legislative Services.
(b) If a county, municipality, or special taxing district does not comply with subsection (a) of this section, the Comptroller, after notice from the Executive Director of the Department of Legislative Services of the noncompliance, may order the discontinuance of all money, grants, or State aid that the county, municipality, or special taxing district is entitled to receive under State law, including money from:
(1) the income tax;
(2) the tax on racing;
(3) the recordation tax;
(4) the admissions and amusement tax; and
(5) the license tax.
Structure Maryland Statutes
Subtitle 3 - Uniform System of Financial Reporting
Section 16-302 - Maintenance of Books, Records, Journals, and Fiscal Reports
Section 16-303 - Uniform System of Financial Reporting
Section 16-304 - Annual Financial Reports
Section 16-305 - Annual Audits
Section 16-306 - Audit Reports
Section 16-307 - Review and Report by Legislative Auditor
Section 16-308 - Audits of Special Taxing Districts Created by Counties