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321
STATE OF MARYLAND
Estimated Revenues
For the Fiscal Year Ending June 30, 1975
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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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Funds
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Fund
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Funds
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Funds
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PROPERTY TAXES:
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Real and Personal Property Tax ...................
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$61,655,721
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$61,655,721
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FRANCHISE AND CORPORATION TAXES:
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Franchise Tax on Federal, Domestic and Foreign
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Building, Savings and Loan Associations ..........
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685,000
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$ 685,000
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Franchise Tax on Gross Receipts...................
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30,151,000
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30,151,000
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Tax on Rolling Stock of Persons Other Than Railroads
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114,500
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114,500
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Franchise Tax on Net Earnings of Savings Banks,
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Building, Savings and Loan Associations ..........
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1,900,000
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18,000
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1,882,000
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Bonus Tax .....................................
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242,000
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242,000
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Franchise Tax on Ordinary Business Corporations. . . .
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1,412,000
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706,000
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706,000
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Franchise Tax on Net Earnings of Financial
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Institutions — Maryland.........................
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8,800,000
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8,800,000
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Recording Fees..................................
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307,050
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307,050
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Foreign Corporation Filing Fees ...................
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408,000
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408,000
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Interest and Penalty .............................
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65,550
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65,550
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DEATH TAXES:
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Collateral Inheritance Tax ........................
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6,200,000
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6,200,000
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Direct Inheritance Tax ...........................
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2,900,000
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2,900,000
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Interest and Penalty on Inheritance Taxes..........
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126,500
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126,500
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Tax on Commissions of Executors and Administrators
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1,600,000
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1,600,000
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Maryland Estate Tax ............................
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3,500,000
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3,500,000
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Interest on Maryland Estate Tax ..................
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46,000
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46,000
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ALCOHOLIC BEVERAGE TAXES AND LICENSES:
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Tax on Liquor...................................
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15,600,000
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10,400,000
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5,200,000
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Tax on Wine ....................................
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2,800,000
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2,800,000
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Tax on Beer.....................................
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8,100,000
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4,075,000
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4,025,000
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Alcoholic Beverage Licenses .......................
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212,760
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212,750
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ADMISSIONS TAX. ..............................
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341,337
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341,337
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MOTOR VEHICLE FUEL TAXES AND LICENSES.
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178,500,000
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178,500,000
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FEDERAL REVENUE SHARING.................
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41,000,000
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41,000,000
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INCOME TAXES:
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Corporation Income Taxes ........................
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83,316,000
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74,867,000
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8,449,000
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Individual Income Taxes ..........................
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662,589,000
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662,589,000
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RETAIL SALES AND USE TAX AND LICENSES:. .
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389,582,000
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889,582,000
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STATE TOBACCO TAX AND LICENSES.........
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85,700,000
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18,172,000
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17,528,000
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MOTOR VEHICLE TAX AND LICENSES:
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Motor Vehicle Titling Tax ........................
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68,800,000
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17,200,000
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51,600,000
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Motor Vehicle Registrations.......................
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80,301,000
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80,301,000
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INSURANCE COMPANY TAXES, LICENSES,
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AND FEES....................................
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30,890,000
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30,890,000
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HORSE RACE TAXES AND LICENSES..........
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16,603,000
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13,202,000
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3,301,000
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DISTRICT COURTS FINES AND COSTS.........
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13,545,000
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13,545,000
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INTEREST ON INVESTMENTS..................
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18,700,000
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15,200,000
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3,500,000
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HOSPITAL INMATE RECOVERIES:
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Mental Hospitals — Sponsors.......................
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6,900,000
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6,900,000
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Mental Hospitals — Federal........................
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1,100,000
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1,100,000
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Chronic Disease Hospitals — Sponsors ...............
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1,100,000
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1,100,000
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Chronic Disease Hospitals — Federal ................
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400,000
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400,000
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Tuberculosis Hospitals — Federal ...................
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200,000
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200,000
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MISCELLANEOUS TAXES, FEES AND OTHER
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REVENUES:
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Recordation Tax.................................
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172,500
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172,500
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Cigarette Sales Licenses...........................
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79,317
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79,317
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Notary Commissions.............................
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36,800
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36,800
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8% Share Business Licenses .......................
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128,050
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123,050
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EXHIBIT I—Continued
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