|
201
STATE OF MARYLAND
Estimated Revenues
For the Fiscal Year Ending June 30,1980
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|
Total
|
General
|
Special and
Debt Service
|
Federal
|
|
|
|
Fund
|
Funds
|
Funds
|
|
PROPERTY TAXES:
|
|
|
|
|
|
Real and Personal Property Taxes .......................
|
$ 92,248,266
|
|
$ 92,248,266
|
|
|
FRANCHISE AND CORPORATION TAXES:
|
|
|
|
|
|
Franchise Tax on Federal, Domestic and Foreign Building,
|
|
|
|
|
|
Savings and Loan Associations.........................
Franchise Tax on Gross Receipts.........................
|
1,169,600
59,861,000
|
$ 1,169,600
59,861,000
|
|
|
|
Tax on Rolling Stock of Persons Other Than Railroads.......
|
95,000
|
95,000
|
|
|
|
Franchise Tax on Net Earnings of Savings Banks, Building
|
|
|
|
|
|
Savings and Loan Associations..........................
|
4,441,413
|
44,413
|
4,397,000
|
|
|
Bonus Tax ...........................................
|
259,000
|
259,000
|
|
|
|
Franchise Tax on Ordinary Business Corporations ..........
Franchise Tax on Net Earnings of Financial Institutions —
|
1,600
|
800
|
800
|
|
|
Maryland ..........................................
|
8,800,000
|
8,800,000
|
|
|
|
Recording Fees .......................................
|
442,000
|
442,000
|
|
|
|
Foreign Corporation Filing Fees .........................
Maryland Corporation Filing Fees .......................
|
440,000
1,810,000
|
440,000
905,000
|
905,000
|
|
|
Interest and Penalty...................................
|
26,545
|
26,545
|
|
|
|
DEATH TAXES:
|
|
|
|
|
|
Collateral Inheritance Tax .............................
|
9,500,000
|
9,500,000
|
|
|
|
Direct Inheritance Tax.................................
|
3,400,000
|
3,400,000
|
|
|
|
Interest and Penalty on Inheritance Taxes ................
Tax on Commissions of Executors and Administrators .......
|
17,867
1,850,000
|
17,867
1,850,000
|
|
|
|
Maryland Estate Tax ..................................
|
3,950,000
|
3,950,000
|
|
|
|
Interest on Maryland Estate Tax ........................
|
130,037
|
130,037
|
|
|
|
ALCOHOLIC BEVERAGE TAXES AND LICENSES:
|
|
|
|
|
|
Tax on Liquor ........................................
|
16,950,000
|
11,300,000
|
5,650,000
|
|
|
Tax on Wine .........................................
|
3,250,000
|
3,250,000
|
|
|
|
Tax on Beer..........................................
|
9,000,000
|
4,590,000
|
4,410,000
|
|
|
Alcoholic Beverage Licenses ............................
|
240,000
|
240,000
|
|
|
|
ADMISSIONS TAX .....................................
|
609,731
|
|
609,731
|
|
|
MOTOR VEHICLE FUEL TAXES AND LICENSES ..........
|
204,000,000
|
|
204,000,000
|
|
|
FEDERAL REVENUE SHARING .........................
|
45,700,000
|
45,700,000
|
|
|
|
INCOME TAXES:
|
|
|
|
|
|
Corporation Income Taxes ..............................
Individual Income Taxes ...............................
|
116,923,000
1,005,387,000
|
103,062,000
1,005,387,000
|
13,861,000
|
|
|
RETAIL SALES AND USE TAX AND LICENSES ...........
|
706,887,000
|
706,887,000
|
|
|
|
STATE TOBACCO TAX AND LICENSES ..................
|
53,500,000
|
37,665,000
|
15,835,000
|
|
|
MOTOR VEHICLE TAX AND LICENSES:
|
|
|
|
|
|
Motor Vehicle Titling Tax ..............................
|
140,000,000
|
28,000,000
|
112,000,000
|
|
|
Motor Vehicle Registrations ............................
|
100,339,000
|
244,000
|
100,095,000
|
|
|
INSURANCE COMPANY TAXES, LICENSES AND FEES ....
|
58,461,336
|
58,461,336
|
|
|
|
HORSE RACE TAXES AND LICENSES ...................
|
17,159,000
|
12,312,000
|
4,847,000
|
|
|
DISTRICT COURTS FINES AND COSTS...................
|
27,825,000
|
27,825,000
|
|
|
|
INTEREST ON INVESTMENTS ...........................
|
25,000,000
|
20,000,000
|
5,000,000
|
|
|
HOSPITAL PATIENT RECOVERIES:
|
|
|
|
|
|
Mental Hospitals — Sponsors ............................
|
8,000,000
|
8,000,000
|
|
|
|
Mental Hospitals — Federal .............................
Chronic Disease Hospitals — Sponsors.....................
Chronic Disease Hospitals— Federal......................
|
3,800,000
1,900,000
3,700,000
|
3,800,000
1,900,000
3,700,000
|
|
|
|
Tuberculosis Hospital— Federal .........................
|
730,000
|
730,000
|
|
|
|
MISCELLANEOUS TAXES, FEES AND OTHER REVENUES:
|
|
|
|
|
|
Recordation Tax ..................
|
228,837
|
228,837
|
|
|
|
Cigarette Sales Licenses ............................. .
|
62,979
|
|
62,979
|
|
|
Notary Commissions ..................................
|
286,317
|
286,317
|
|
|
|
3% Share Business Licenses ........................ . .
|
143,740
|
143,740
|
|
|
|
Music Box Licenses, Etc..........................
|
185,805
|
185,805
|
|
|
|
Penalties .............. .
|
2,039
|
2,039
|
|
|
|
Public Service Companies Filing Fees ....................
|
4,018,178
|
4,018,178
|
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EXHIBIT H—Continued
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