Security Bond.
COBRA, 14.02.01.23
in effect.23 Security Bond.
A. Security Bond.
(1) A permit holder shall provide a security for performance in the amount of $10,000 to the Department.
(2) A permit holder shall ensure the security is in the form of:
(a) A performance bond;
(b) A refundable bond; or
(c) Another security acceptable to the City.
B. Rental Taxes.
(1) A permit holder shall remit a rental tax to the Department of Finance twice annually in accordance with this section.
(2) January – June.
(a) The Department shall invoice a permit holder by July 15 for the tax provided for in §B(2)(b)(i) of this regulation.
(b) The permit holder shall:
(i) Pay a tax of $0.10 per rental for dockless vehicle rentals between January 1 and June 30 annually; and
(ii) Remit the tax within one calendar month after receiving an invoice from the Department.
(3) July – December.
(a) The Department shall invoice a permit holder by January 15 for the tax provided for in §B(3)(b)(i) of this regulation.
(b) The permit holder shall:
(i) Pay a tax of $0.10 per rental for dockless vehicle rentals between July 1 and December 31 annually; and
(ii) Remit the tax within one calendar month after receiving an invoice from the Department.
(4) A permit holder shall submit the following to the Department with each remitment of the annual tax:
(a) A list of the total number of transactions during the reporting period; and
(b) A digital copy of:
(i) Payments during the reporting period; and
(ii) Transactions during the reporting period.
Source: City of Baltimore Department of Legislative Reference, City of Baltimore Law Library (codes.baltimorecity.gov; Open Law Library bulk XML)URL: https://codes.baltimorecity.gov/us/md/cities/baltimore/cobra/14.02.01.23Fetched: 10/25/2026