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353
STATE OF MARYLAND
Estimated Revenues
For the Fiscal Year Ending June 30, 1979
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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 Taxes
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84,895,096
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$ 84,895,096
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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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1,170,318
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$ 1,170,318
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Franchise Tax on Gross Receipts
Tax on Rolling Stock of Persons Other than Railroads
Franchise Tax on Net Earnings of Savings Banks,
Building, Savings and Loan Associations
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50,715,000
95,000
3,610,000
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50,715,000
95,000
36,000
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3,574,000
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Bonus Tax
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280,000
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280,000
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Franchise Tax on Ordinary Business Corporations
Franchise Tax on Net Earnings of Financial
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1,000
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500
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500
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Institutions — Maryland
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7,300,000
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7,300,000
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Recording Fees
Foreign Corporation Filing Fees
Maryland Corporation Filing Fees
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541,260
426,000
1,765,000
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541,260
426,000
882,500
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882,500
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Interest and Penalty
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52,581
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52,581
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DEATH TAXES
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Collateral Inheritance Tax
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8,600,000
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8,600,000
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Direct Inheritance Tax
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3,050,000
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3,050,000
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Interest and Penalty on Inheritance Taxes
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17,867
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17,867
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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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4,500,000
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4,500,000
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Interest on Maryland Estate Tax
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130,037
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130,037
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ALCOHOLIC BEVERAGE TAXES AND LICENSES
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Tax on Liquor
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17,050,000
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11,338,000
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5,712,000
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Tax on Wine
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3,245,000
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3,245,000
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Tax on Beer
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9,200,000
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4,821,000
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4,379,000
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Alcoholic Beverage Licenses
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230,000
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230,000
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ADMISSIONS TAX
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577,019
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577,019
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MOTOR VEHICLE FUEL TAXES AND LICENSES
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199,000,000
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199,000,000
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FEDERAL REVENUE SHARING
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45,500,000
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45,500,000
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INCOME TAXES
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Corporation Income Taxes
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108,022,000
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97,672,000
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10,350,000
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Individual Income Taxes
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950,986,000
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950,986,000
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RETAIL SALES AND USE TAX AND LICENSES
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667,132,000
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667,132,000
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STATE TOBACCO TAX AND LICENSES
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54,500,000
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38,368,000
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16,132,000
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MOTOR VEHICLE TAX AND LICENSES
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Motor Vehicle Titling Tax
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122,000,000
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24,400,000
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97,600,000
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Motor Vehicle Registrations
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97,059,000
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259,000
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96,800,000
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INSURANCE COMPANY TAXES, LICENSES AND FEES
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41,749,018
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41,749,018
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HORSE RACE TAXES AND LICENSES
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21,422,490
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15,835,000
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5,587,490
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DISTRICT COURTS FINES AND COSTS
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26,100,000
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26,100,000
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INTEREST ON INVESTMENTS
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20,500,000
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16,000,000
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4,500,000
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HOSPITAL PATIENT RECOVERIES
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Mental Hospitals — Sponsors
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8,570,000
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8,570,000
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Mental Hospitals— Federal
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2,625,000
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2,625,000
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Chronic Disease Hospitals — Sponsors
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2,670,000
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2,670,000
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Chronic Disease Hospitals — Federal
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2,800,000
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2,800,000
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Tuberculosis Hospital — Federal
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550,000
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550,000
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MISCELLANEOUS TAXES, FEES AND OTHER REVENUES
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Recordation Tax
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83,937
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83,937
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Cigarette Sales Licenses
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65,489
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65,489
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Notary Commissions
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42,538
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42,538
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3% Share Business Licenses
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148,950
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148,950
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Music Box Licenses, Etc
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198,774
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198,774
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Penalties
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3,148
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3,148
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EXHIBIT I—Continued
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