34

STATE OF MARYLAND

Revenue Estimates and Collections
Fiscal Year Ended June 30, 1984

		GENERAL FUND
		Revenues	Collected
SOURCE	Estimated	Fiscal Year Ended	June 30, 1984
	Budget
	Revenues 1984		Excess or
	Fiscal Year (1)	Amount	Deficiency ( )
PROPERTY TAXES:
Property Taxes................................................
FRANCHISE AND CORPORATION TAXES:
Franchise Tax on Federal, Domestic and Foreign Building,
Savings and Loan Associations ............................	$ 1,828,921	$ 1,725,282	$ (103,639)
Franchise Tax on Gross Receipts ............................... Tax on Rolling Stock of Persons Other Than Railroads ........... Franchise Tax on Net Earnings of Savings Banks, Building,	91,125,000 210,000	84,602,204 233,800	(6,522,796) 23,800
Savings and Loan Associations.............................	55,000	35,443	(19,557)
Bonus Tax ....................................................	486,000	468,223	(17,777)
Franchise Tax on Ordinary Business Corporations...............	150		(150)
Franchise Tax on Net Earnings of Financial Institutions.........	15,800,000	19,593,834	3,793,834
Recording Fees ...............................................	1,122,000	1,192,685	70,685
Foreign Corporation Filing Fees................................ Maryland Corporation Filing Fees..............................	681,000 1,272,500	624,205 1,213,801	(56,795) (58,699)
Interest and Penalty ..........................................	194,973	187,824	(7,149)
DEATH TAXES:
Collateral Inheritance Tax .....................................	17,100,000	17,809,126	709,126
Direct Inheritance Tax ........................................	6,250,000	6,294,748	44,748
Interest and Penalty on Inheritance Taxes ...................... Tax on Commissions of Executors and Administrators ...........	100,000 2,400,000	15,725 2,592,882	(84,275) 192,882
Maryland Estate Tax ..........................................	5,950,000	7,475,883	1,525,883
Interest on Maryland Estate Tax ...............................	500,000	322,722	(177,278)
ALCOHOLIC BEVERAGE TAXES AND LICENSES:
Tax on Liquor ................................................	10,250,000	10,159,637	(90,363)
Tax on Wine ..................................................	3,850,000	3,799,217	(50,783)
Tax on Beer ..................................................	4,950,000	4,968,371	18,371
Alcoholic Beverage Licenses ...................................	280,000	300,433	20,433
ADMISSIONS TAX ...............................................
MOTOR VEHICLE FUEL TAXES AND LICENSES.................
INCOME TAXES:
Corporation Income Taxes ..................................... Individual Income Taxes.......................................	69,023,000 1,607,037,000	85,871,475 1,607,501,616	16,848,475 464,616
RETAIL SALES AND USE TAX AND LICENSES ..................	972,230,000	988,364,765	16,134,765
STATE TOBACCO TAX AND LICENSES ..........................	50,800,000	51,407,088	607,088
MOTOR VEHICLE TAX AND LICENSES:
Motor Vehicle Titling Tax .....................................
Motor Vehicle Registration ....................................	600,000	725,974	125,974
INSURANCE COMPANY TAXES, LICENSES AND FEES .	74,391,000	74,796,500	405,500
HORSE RACE TAXES AND LICENSES ...........................	14,752,000	12,256,959	(2,495,041)
DISTRICT COURTS FINES AND COSTS ..........................	32,500,000	32,148,400	(351,600)
INTEREST ON INVESTMENTS...................................	36,000,000	35,969,252	(30,748)
HOSPITAL PATIENT RECOVERIES:
Mental Hospitals — Sponsors ...................................	12,300,000	10,810,215	(1,489,785)
Mental Hospitals — Federal ....................................	4,000,000	4,049,481	49,481
Chronic Disease Hospitals — Sponsors........................... Chronic Disease Hospitals — Federal ............................	4,700,000 4,400,000	5,200,516 4,478,586	500,516 78,586
All Hospitals — Medicaid.......................................	48,000,000	37,161,640	(10,838,360)