2034 ARTICLE 56.
1922, ch. 522, sec. 12.
222. On or before the 15th day of October, 1923, the Commissioner
of Motor Vehicles shall report to the Governor the total receipts from the
registration of gasoline propelled motor vehicles, including motor cycles,
less deductions for refunds, hereinafter referred to as " net receipts," for
the period of one year from the first day of October, 1922, to the 30th
day of September, 1923, inclusive. And the Comptroller shall likewise
report to the Governor on or before the 15th day of October, 1923, the
total net revenue derived from the one cent tax on motor fuels imposed
thereon by an Act of the General Assembly of Maryland passed at its
January session, 1922, for the purpose of raising additional revenue to
meet the deficit in the maintenance and reconstruction account of the State
Roads Commission, during the period beginning October 1; 1922, and
ending September 30, 1923, or the last twelve months during which said
tax was imposed under the terms of said Act, and if such tax shall not be
in force for a period of twelve months, then the average monthly tax shall
be computed and multiplied by twelve as representing the revenue to be
derived therefrom for a period of one year. The Governor shall there-
upon compute the difference between the net receipts from the registra-
tion of gasoline propelled vehicles during the periods aforesaid, and dou-
ble the net revenue computed as aforesaid derived from said one cent
tax on motor fuels. If double the amount of net revenue computed as
aforesaid derived from the one cent tax on motor fuels shall exceed the
net receipts from the registration of gasoline propelled motor vehicles dur-
ing the aforesaid period, the Governor shall promptly certify that fact to
the Commissioner of Motor Vehicles and from and after January 1, 1924,
the registration fees imposed by Article 56 of the Code of Public Gen-
eral Laws in the case of gasoline propelled vehicles equipped with pneu-
matic tires, shall no longer be charged or collected, but in lieu thereof the
Commissioner of Motor Vehicles shall charge and collect a registration
fee of $1.00 in the case of a gasoline propelled motor vehicle equipped
with pneumatic tires owned by a resident of this State and intended to be
operated herein. But if twice the sum received from the one cent tax on
motor fuels computed as aforesaid shall be less than the net receipts from
the registration of gasoline propelled motor vehicles during the same
period, then the Governor shall ascertain the ratio which the difference
bears to such net receipts from registration, and shall apply such ratio to
the 60 cent per horse power now charged in the case of the registra-
tion of a gasoline propelled motor vehicle equipped with pneumatic tires,
and shall thereby determine the number of cents per horse power which
would be necessary to make up such difference. If the result is a fraction
of a cent per horse power then the next nearest and greater whole cent
shall be taken. The Governor shall, no later than November 1, 1923, cer-
tify the figures so ascertained to the Commissioner of Motor Vehicles and
from and after January 1, 1924, said figures shall be the sum per horse
power to be charged and collected in the case of all gasoline propelled
motor vehicles equipped with pneumatic tires required by law to be reg-
istered in this State in lieu of the rate per horsepower now authorized by
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