36

STATE OF MARYLAND

Revenue Estimates and Collections
Fiscal Year Ended June 30.1979

		GENERAL FUND
	Estimated	...... Revenue.	3 Collected ......
SOURCE	Budget	Fiscal Year End	ed June 30, 1979
	Revenues 1979
	Fiscal Year (1)		Excess or
		Amount	Deficiency ( )
PROPERTY TAXES:
Real and Personal Property Taxes ...........................
FRANCHISE AND CORPORATION TAXES:
Franchise Tax on Federal, Domestic and Foreign Building, Savings
and Loan Associations .................................	$ 1,063,250.00	$ 1,111,877.31	$ 48,627.31
Franchise Tax on Gross Receipts ............................	55,181,000.00	57,287,554.82	2,106,554.82
Tax on Rolling Stock of Persons Other Than Railroads ..........	95,000.00	160,866.71	65,866.71
Franchise Tax on Net Earnings of Savings Banks, Building, Sav-
ings and Loan Associations .............................	42,298.00	64,117.87	21,819.87
Bonus Tax ..............................................	250,000.00	259,038.00	9,038.00
Franchise Tax on Ordinary Business Corporations .............	1,000.00	840.00	(160.00)
Franchise Tax on Net Earnings of Financial Institutions ........	8,100,000.00	8,895,539.46	795,539.46
Recording Fees...........................................	410,000.00	498,666.18	88,666.18
Foreign Corporation Filing Fees ............................	426,000.00	456,017.00	30,017.00
Maryland Corporation Filing Fees ...........................	882,500.00	723,362.50	(159,137.50)
Interest and Penalty ......................................	25,281.00	30,762.83	5,481.83
DEATH TAXES:
Collateral Inheritance Tax .................................	10,500,000.00	11,154,300.89	654,300.89
Direct Inheritance Tax ....................................	3,400,000.00	3,757,444.04	357,444.04
Interest and Penalty on Inheritance Taxes ....................	17,867.00	10,369.32	(7,497.68)
Tax on Commissions of Executors and Administrators ..........	1,750,000.00	1,780,247.43	30,247.43
Maryland Estate Tax......................................	8,950,000.00	8,800,026.80	(149,973.20)
Interest on Maryland Estate Tax ............................	130,037.00	96,004.94	(34,032.06)
ALCOHOLIC BEVERAGE TAXES AND LICENSES:
Tax on Liquor............................................	11,167,000.00	11,142,551.89	(24,448.11)
Tax on Wine .............................................	3,168,000.00	3,161,361.51	(6,638.49)
Tax on Beer .............................................	4,488,000.00	4,718,557.84	230,557.84
Alcoholic Beverage Licenses ................................	230,000.00	251,739.25	21,739.25
ADMISSIONS TAX ..........................................
MOTOR VEHICLE FUEL TAXES AND LICENSES ...............
FEDERAL REVENUE SHARING ..............................	46,931,000.00	46,930,808.00	(192.00)
INCOME TAXES:
Corporation Income Taxes .................................	111,678,000.00	118,259,951.41	6,581,951.41
Individual Income Taxes ...................................	977,482,000.00	1,005,511,442.80	28,029,442.80
RETAIL SALES AND USE TAX AND LICENSES.................	697,075,000.00	699,188,354.16	2,113,354.16
STATE TOBACCO TAX AND LICENSES........................	37,665,000.00	37,112,762.72	(552,237.28)
MOTOR VEHICLE TAX AND LICENSES:
Motor Vehicle Titling Tax..................................	28,000,000.00	27,210,082.96	(789,917.04)
Motor Vehicle Registrations ................................	283,000.00	193,623.00	(89,377.00)
INSURANCE COMPANY TAXES, LICENSES AND FEES .........	53,674,692.00	52,668,177.54	(1,006,514.46)
HORSE RACE TAXES AND LICENSES.........................	15,197,000.00	15,254,930.30	57,930.30
DISTRICT COURTS FINES AND COSTS ........................	26,500,000.00	23,194,327.09	(3,305,672.91)
INTEREST ON INVESTMENTS ...............................	50,000,000.00	57,604,740.76	7,604,740.76
HOSPITAL PATIENT RECOVERIES:
Mental Hospitals ? Sponsors................................	7,800,000.00	8,102,256.99	302,256.99
Mental Hospitals ? Federal.................................	3,800,000.00	4,049,020.64	249,020.64
Chronic Disease Hospitals ? Sponsors ........................	1,900,000.00	2,897,600.46	997,600.46
Chronic Disease Hospitals ? Federal .........................	3,700,000.00	2,785,367.62	(914,632.38)
Tuberculosis Hospital ? Federal .............................	730,000.00	541,716.34	(188,283.66)
MISCELLANEOUS TAXES, FEES AND OTHER REVENUES:
Recordation tax ..........................................	217,940.00		(217,940.00)
Cigarette Sales Licenses ...................................
Notary Commissions ......................................	272,683.00	135,362.11	(137,320.89)