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273
STATE OF MARYLAND
Estimated Revenues
For the Fiscal Year Ending June 30, 1972
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Special and
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Total
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General
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Debt Service
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Federal
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Fund
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Funds
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Funds
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REAL AND PERSONAL PROPERTY TAXES
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$42,134, 332
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$42,134,332
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FRANCHISE AND CORPORATION TAXES:
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Bonus Taxes (Tax on Authorized Capital Stock)
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182,000
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$182,000
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Federal, Domestic and Foreign Building, Savings and
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Associations
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372,320
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372,320
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Net Earnings of Saving? Banks and Building, Savings
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and Loan Associations
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1,275,000
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13,000
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1,262,000
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Fees from Foreign Corporations
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355,000
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355,000
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Gross Receipts (Railroads and Public Utilities)
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21,577,000
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21,577,000
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Ordinary Busmes? Corporations
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1,040,000
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520,000
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520,000
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Rolling Stock of Persons Other Than Railroads
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120,000
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120,000
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Interest and Penalty on Franchise Tax on Capital
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41,000
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41,000
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Net Earnings of Financial Institution?
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8,887,000
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8,887,000
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TAX ON INSURANCE COMPANIES, ETC.
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22,500,000
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22,500,000
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MOTOR VEHICLES TAXES, FEES, FINES:
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Fuel Taxes
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124,983,466
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124,983,466
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Revenue (Registration, Transfers, Titles, Operating
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Licenses, Etc.)
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69,678,401
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69,678,401
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Instruction License — Driver Education Fund
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1,000,000
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1,000,000
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Motor Vehicle Inspection Fees
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650,000
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650,000
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Titling Tax
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48,000,000
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12,000,000
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36,000,000
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ALCOHOLIC BEVERAGES EXCISE TAXES, ETC.:
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Liquor
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14,000,000
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9,333,000
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4,667,000
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Wine
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900,000
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900,000
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Beer
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2,600,000
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2,600,000
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Licenses
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177,000
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177,000
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INCOME TAXES:
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Individuals
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478,150,000
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478,150,000
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Corporations
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51,700,000
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45,700,000
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6,000,000
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RETAIL SALES AND USE TAXES
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286,500,000
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286,500,000
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STATE TOBACCO TAX
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27,867,000
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14,173,000
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13,694,000
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TAX ON HORSE RACING
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15,700,000
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11,000,000
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4,700,000
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TAX ON ADMISSIONS
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1,435,754
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1,435,754
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DEATH TAXES:
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Collateral Inheritance Taxes
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5,700,000
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5,700,000
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Direct Inheritance Taxes
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2,200,000
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2,200,000
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Maryland Estate Tax
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2,500,000
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2,500,000
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Tax on Commissions of Executors and Administrators
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1,300,000
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1,300,000
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Interest on Inheritance Taxes
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17,000
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17,000
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MISCELLANEOUS FEES, FINES, FORFEITURES:
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Shares of Locally Collected State Licenses (3%)
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97,000
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97,000
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Penalty on Licenses
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3,100
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3,100
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Excess Fees of Office
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2,762,500
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2,762,500
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Notary Commission Fees
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150,000
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150,000
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Recording Fees
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200,000
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200,000
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Music Box
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150,000
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150,000
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Recordation Tax
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100,000
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100,000
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Non-Resident Contractors and Subcontractors
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500
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500
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Unfair Cigarette Sales Act
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30,651
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30,651
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Public Service Companies Filing Fees
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800,000
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800,000
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MISCELLANEOUS REVENUES:
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Interest on Investments
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15,000,000
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15,000,000
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Mental Hospital Maintenance Recoveries from Sponsors
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6,000,000
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6,000,000
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Mental Hospital Recoveries — Medicare
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1,000,000
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1,000,000
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Mental Hospital Maintenance Assistance from
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Baltimore City and Counties
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600,000
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600,000
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Chronic Disease Hospital Maintenance Recoveries
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from Sponsors
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975,000
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975,000
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Chronic Disease Hospital Recoveries — Medicare
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750,000
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750,000
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Chronic Disease Hospital Maintenance Assistance
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from Baltimore City and Counties
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30,000
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30,000
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Tuberculosis Hospital Recoveries — Medicare
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400,000
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400,000
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EXHIBIT I—Continued
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