806

STATE OF MARYLAND

Estimated Revenues
For the Fiscal Year Ended June 30, 1974

			Special and
	Total	General	Debt Service	Federal
		Funds	Funds	Funds
PROPERTY TAXES:
Real and Personal Property Tax ...................	$40,883,197		$40,883,197
FRANCHISE AND CORPORATION TAXES:
Franchise Tax on Federal, Domestic and Foreign
Building, Savings and Loan Associations..........	575,000	$ 575,000
Franchise Tax on Gross Receipts ...................	26,584,500	26,584,500
Tax on Rolling Stock of Persons Other than Railroads .	112,000	112,000
Franchise Tax on Net Earnings of Savings Banks,
Building, Savings and Loan Association...........	1,851,000	18,000	1,833,000
Bonus Tax ......................................	222,000	222,000
Franchise Tax on Ordinary Business Corporations ....	1,600,000	800,000	800,000
Franchise Tax on Net Earnings of Financial Institu-
tions — Maryland ...............................	8,375,000	8,375,000
Recording Fees ..................................	267,000	267,000
Foreign Corporation Filing Fees ...................	379,000	379,000
Interest and Penalty .............................	57,000	57,000
DEATH TAXES:
Collateral Inheritance Tax ........................	6,500,000	6,500,000
Direct Inheritance Tax ...........................	2,700,000	2,700,000
Interest and Penalty on Inheritance Taxes ..........	1,600,000	1,600,000
Tax on Commissions of Executors and Administrators	110,000	110,000
Maryland Estate Tax ............................	3,400,000	3,400,000
Interest on Maryland Estate Tax ..................	40,000	40,000
ALCOHOLIC BEVERAGES TAXES AND LICENSES:
Tax on Liquor...................................	15,300,000	10,200,000	5,100,000
Tax on Wine ....................................	2,500,000	2,500,000
Tax on Beer. ....................................	8,000,000	4,050,000	3,950,000
Alcoholic Beverage Licenses .......................	185,000	185,000
ADMISSIONS TAX. ..............................	5,200,000		5,200,000
MOTOR VEHICLE FUEL TAXES AND LICENSES.	182,000,000		182,000,000
Federal Revenue Sharing .........................	40,000,000	40,000,000
INCOME TAXES:
Corporation Income Taxes ........................ Individual Income Taxes .........................	77,237,000 576,521,000	68,635,000 676,521,000	8,602,000
RETAIL SALES AND USE TAX AND LICENSES. .	356,000,000	356,000,000
STATE TOBACCO TAX AND LICENSES.........	34,090,000	17,367,000	16,723,000
MOTOR VEHICLE TAX AND LICENSES:
Motor Vehicle Titling Tax ........................	64,000,000	16,000,000	48,000,000
Motor Vehicle Registrations .......................	77,105,000		77,105,000
INSURANCE COMPANY TAXES, LICENSES,
AND FEES ....................................	29,600,000	29,600,000
HORSE RACE TAXES AND LICENSES..........	16,400,000	12,500,000	3,900,000
DISTRICT COURTS FINES AND COSTS.........	13,045,000	13,045,000
INTEREST ON INVESTMENTS..................	17,000,000	15,000,000	2,000,000
HOSPITAL INMATE RECOVERIES:
Mental Hospitals — Sponsors.......................	6,800,000	6,800,000
Mental Hospitals — Federal ........................	600,000	600,000
Chronic Disease Hospitals — Sponsors...............	1,000,000	1,000,000
Chronic Disease Hospitals — Federal ................	300,000	300,000
Tuberculosis Hospitals — Federal ...................	300,000	300,000
MISCELLANEOUS TAXES, FEES AND OTHER
REVENUES:
Recordation Tax .................................	150,000	150,000
Cigarette Sales Licenses ...........................	34,482		34,482
Notary Commissions .............................	32,000	32,000
3% Share Business Licenses .......................	107,000	107,000

EXHIBIT I—Continued