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343
STATE OF MARYLAND
Estimated Revenues
For the Fiscal Year Ending June 30, 1976
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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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Fund
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Fund
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PROPERTY TAXES:
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Real and Personal Property Tax ...................
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$61,691,926
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$61,591,926
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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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717,000
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$717,000
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Franchise Tax on Gross Receipts...................
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33,930,000
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33,930,000
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Tax on Rolling Stock of Persons Other Than Railroads
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148,500
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148,500
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Franchise Tax on Net Earnings of Savings Banks,
Building, Savings and Loan Associations..........
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2,492,000
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25,000
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2,467,000
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Bonus Tax ......................................
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351,675
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351,675
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Franchise Tax on Ordinary Business Corporations. . . .
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1,500,000
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750,000
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750,000
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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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337,500
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337,500
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Foreign Corporation Filing Fees ...................
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400,000
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400,000
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Interest and Penalty .............................
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97,342
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97,342
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DEATH TAXES:
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Collateral Inheritance Tax .......................
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8,601,000
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8,601,000
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Direct Inheritance Tax ...........................
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3,147,000
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3,147,000
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Interest and Penalty on Inheritance Taxes ..........
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187,853
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187,853
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Tax on Commissions of Executors and Administrators .
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1,630,000
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1,630,000
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Maryland Estate Tax.............................
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3,591,000
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3,591,000
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Interest on Maryland Estate Tax ..................
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68,310
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68,310
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ALCOHOLIC BEVERAGES TAXES AND LICENSES:
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Tax on Liquor...................................
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16,480,000
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10,987,000
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5,493,000
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Tax on Wine ....................................
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2,825,000
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2,825,000
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Tax on Beer.....................................
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8,500,000
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4,400,000
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4,100,000
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Alcoholic Beverages Licenses ......................
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803,000
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303,000
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ADMISSIONS TAX. . ............................
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405,187
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405,187
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MOTOR VEHICLE FUEL TAX AND LICENSES:
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180,000,000
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180,000,000
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FEDERAL REVENUE SHARING.................
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40,000,000
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40,000,000
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INCOME TAXES:
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Corporation Income Taxes ........................
Individual Income Taxes..........................
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90,074,000
774,908,000
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80,493,000
774,908,000
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9,581,000
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RETAIL SALES AND USE TAX AND LICENSES
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431,080,000
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431,080,000
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STATE TOBACCO TAX AND LICENSES.........
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58,900,000
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41,262,000
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17,638,000
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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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88,360,000
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88,360,000
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INSURANCE COMPANY TAXES, LICENSES
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AND FEES..................................
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33,179,000
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33,179,000
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HORSE RACE TAXES AND LICENSES..........
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16,303,000
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12,814,000
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3,489,000
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DISTRICT COURTS FINES AND COSTS.........
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16,500,000
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15,500,000
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INTEREST ON INVESTMENTS..................
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24,000,000
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18,000,000
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6,000,000
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HOSPITAL INMATE RECOVERIES:
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Mental Hospitals — Sponsors.......................
Mental Hospitals — Federal........................
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7,900,000
2,400,000
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7,900,000
2,400,000
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Chronic Disease Hospitals — Sponsors...............
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2,300,000
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2,300,000
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Chronic Disease Hospitals — Federal ................
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1,600,000
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1,600,000
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Tuberculosis Hospitals — Federal ..................
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800,000
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800,000
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MISCELLANEOUS TAXES, PEES AND OTHER
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REVENUES:
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Recordation Tax ..............................
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281,126
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281,125
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Cigarette Sales Licenses .........................
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57,028
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57,028
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Notary Commissions ............................
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138,640
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138,640
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3% Share Business Licenses ......................
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174,424
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174,424
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Music Box Licenses, Etc.........................
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247,779
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247,779
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Penalties.......................................
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4,891
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4,891
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Public Service Companies Filing Fees..............
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1,784,125
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1,784,125
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EXHIBIT I—Continued
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