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332
STATE OF MARYLAND
Revenue Estimates and Collections
Fiscal Year Ended June 30, 1975
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GENERAL FUND
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Estimated
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Revenues
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Collected
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SOURCE
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Budget
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Fiscal Year Ended
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June 30, 1975
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Revenues 1976
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Fiscal Year (1)
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Excess or
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Amount
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Deficiency ( )
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PROPERTY TAXES.
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Real and Personal Property Tax
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FRANCHISE AND CORPORATION TAXES.
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Franchise Tax on Federal, Domestic and Foreign Building,
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Savings and Loan Associations
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$ 660,500 00
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$ 650,680.22
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$(9,819.78)
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Franchise Tax on Gross Receipts
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30,326,000 00
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33,344,399.01
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3,018,399.01
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Tax on Rolling Stock of Persons Other Than Railroads
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148,500.00
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100,746 20
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(47,753 80)
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Franchise Tax on Net Earnings of Savings Banks, Building,
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Savings and Loan Associations
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22,000.00
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23,849.67
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1,849 67
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Bonus Tax
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322,650.00
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180,869.00
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(141,781 00)
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Franchise Tax on Ordinary Business Corporations
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750,000.00
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9,312 75
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(740,687 25)
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Franchise Tax on Net Earnings of Financial Institutions
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8,800,000.00
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8,035,289.47
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(764,710 53)
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Recording Fees
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337,500.00
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279,012.74
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(58,487.26)
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Foreign and Domestic Corporation Filing Fees
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385,000.00
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1,152,797.77
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767,797.77
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Interest and Penalty
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88,498.00
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71,931.94
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(16,561.06)
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DEATH TAXES:
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Collateral Inheritance Tax
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6,312,000.00
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6,429,468.37
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117,46837
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Direct Inheritance Tax
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2,898,000 00
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2,907,646.40
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14,646 40
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Interest and Penalty on Inheritance Taxes
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170,775 00
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10,079.46
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(160,695 54)
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Tax on Commissions of Executors and Administrators
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1,526,000.00
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1,576,929 47
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49,929 47
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Maryland Estate Tax .
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3,500,000.00
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5,033,011 70
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1,533,011.70
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Interest on Maryland Estate Tax
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62,100 00
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211,911 45
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149,811 45
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ALCOHOLIC BEVERAGES TAXES AND LICENSES
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Tax on Liquor
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10,667,000 00
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10,361,402.03
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(305,597 97)
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Tax on Wine. . .
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2,700,000 00
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2,815,307 98
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115,307 98
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Tax on Beer ... ....
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4,300,000 00
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4,348,113 25
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48,113 25
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Alcoholic Beverages Licenses
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303,750 00
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210,061 00
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(93,689 00)
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ADMISSIONS TAX
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MOTOR VEHICLE FUEL TAXES AND LICENSES
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INCOME TAXES
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Corporation Income Taxes
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76,749,000 00
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75,989,858 53
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(759,141 47)
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Individual Income Taxes
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660,740,000 00
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665,921,199 06
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5,181,19906
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RETAIL SALES AND USE TAX AND LICENSES
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394,582,000 00
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396,019,286.02
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1,437,285 02
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STATE TOBACCO TAX AND LICENSES
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17,650,000.00
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20,256,240.99
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2,606,240 99
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MOTOR VEHICLE TAX AND LICENSES
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Motor Vehicle Titling Tax
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16,700,00000
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16,053,088.95
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(646,911 05)
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Motor Vehicle Registrations
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120,122 00
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120,122 00
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INSURANCE COMPANY TAXES, LICENSES, AND FEES
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30,989,831 00
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31,729,018.22
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739,187 22
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HORSE RACE TAXES AND LICENSES
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12,734,000 00
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14,351,476 51
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1,617,476 51
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DISTRICT COURTS FINES AND COSTS
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15,000,000.00
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16,896,820.52
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1,896,820 52
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INTEREST ON INVESTMENTS
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19,000,000 00
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18,316,056 18
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(683,943 82)
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HOSPITAL INMATE RECOVERIES
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Mental Hospitals ? Sponsors
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9,400,000.00
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6,879,881.42
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(2,520,668.58)
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Mental Hospitals ? Federal
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2,700,000.00
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3,501,615.76
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801,616.76
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Chronic Disease Hospitals ? Sponsors
Chronic Disease Hospitals ? Federal
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2,200,000.00
1,600,000.00
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1,797,001.45
1,386,564.41
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(402,998.66)
(213,436 59)
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Tuberculosis Hospitals ? Federal
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700,000 00
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502,829 67
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(197,670 88)
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