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349
STATE OF MARYLAND
Estimated Revenues
For the Fiscal Year Ended 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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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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$71,561,542
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$71,561,542
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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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705,000
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$705,000
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Franchise Tax on Gross Receipts ...................
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58,885,000
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58,885,000
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Tax on Rolling Stock of Persons Other Than Railroads .
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101,000
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101,000
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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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2,600,000
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26,000
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2,574,000
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Bonus Tax ......................................
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190,000
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190,000
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Franchise Tax on Ordinary Business Corporations ....
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5,000
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5,000
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Franchise Tax on Net Earnings of Financial
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Institutions — Maryland .........................
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12,500,000
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12,500,000
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Recording Fees..................................
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315,000
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315,000
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Foreign Corporation Filing Fees ...................
Maryland Corporation Fifing Fees .................
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430,000
1,650,000
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430,000
825,000
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825,000
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Interest and Penalty .............................
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80,192
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80,192
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DEATH TAXES:
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Collateral Inheritance Tax ........................
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8,944,000
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8,944,000
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Direct Inheritance Tax ...........................
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3,300,000
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3,300,000
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Interest and Penalty on Inheritance Taxes ..........
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11,591
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11,591
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Tax on Commissions of Executors and Administrators
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1,760,000
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1,760,000
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Maryland Estate Tax ............................
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3,680,000
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3,680,000
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Interest on Maryland Estate Tax ..................
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243,698
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243,698
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ALCOHOLIC BEVERAGES TAXES AND LICENSES:
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Tax on Liquor ...................................
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16,700,000
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11,133,000
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5,567,000
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Tax on Wine ....................................
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3,050,000
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3,050,000
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Tax on Beer .....................................
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8,650,000
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4,475,000
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4,175,000
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Alcoholic Beverages Licenses ......................
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225,000
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225,000
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ADMISSIONS TAX ..............................
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436,190
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436,190
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MOTOR VEHICLE FUEL TAXES AND LICENSES:
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186,100,000
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186,100,000
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FEDERAL REVENUE SHARING .................
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42,000,000
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42,000,000
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INCOME TAXES:
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Corporation Income Taxes ........................
Individual Income Taxes ..........................
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96,265,000
799,710,000
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87,665,000
799,710,000
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8,600,000
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RETAIL SALES AND USE TAX AND LICENSES. .
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474,188,000
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474,188,000
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STATE TOBACCO TAX AND LICENSES.........
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58,500,000
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41,144,000
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17,356,000
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MOTOR VEHICLE TAX AND LICENSES:
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Motor Vehicle Titling Tax ........................
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70,000,000
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17,500,000
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52,500,000
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Motor Vehicle Registrations ......................
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87,820,000
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130,000
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87,690,000
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INSURANCE COMPANY TAXES, LICENSES
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AND FEES ....................................
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51,690,724
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51,690,724
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HORSE RACE TAXES AND LICENSES..........
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20,462,833
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15,009,000
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5,453,833
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DISTRICT COURTS FINES AND COSTS.........
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19,000,000
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19,000,000
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INTEREST ON INVESTMENTS..................
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19,000,000
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16,000,000
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3,000,000
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HOSPITAL PATIENT RECOVERIES:
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Mental Hospitals — Sponsors.......................
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7,400,000
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7,400,000
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Mental Hospitals — Federal ........................
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2,500,000
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2,500,000
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Chronic Disease Hospitals — Sponsors ...............
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2,700,000
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2,700,000
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Chronic Disease Hospitals — Federal ................
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1,500,000
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1,500,000
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Tuberculosis Hospital — Federal ....................
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800,000
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800,000
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MISCELLANEOUS TAXES, FEES AND OTHER
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REVENUES:
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Recordation Tax ................................
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262,389
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262,389
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Cigarette Sales Licenses ...........................
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62,565
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62,565
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Notary Commissions .............................
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218,892
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218,892
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3% Share Business Licenses .......................
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139,320
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139,320
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EXHIBIT I—Continued
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