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Session Laws, 1937
Volume 412, Page 1223   View pdf image (33K)
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HARRY W. NICE, GOVERNOR

 

1223

intention that this appropriation shall be the

1938

1939

whole of said balance, whether the same be more

   

or less than this estimate, and it being further

   

the intention that should the proceeds of this

   

tax exceed the respective amounts herein set

   

forth, then such excess shall not revert to the

   

general funds of the State, but shall b© paid to

   

Baltimore City in like manner as the items

   

enumerated herein together with three-tenths

   

(30 per cent) of any reductions in the appro-

   

priations for the Maryland State Police and the

   

Commissioner of Motor Vehicles as contained

   

in the original Budget submitted to the General

   

Assembly, all of said funds to be used for main-

   

taining all streets, roads and bridges in Balti-

   

more City ....................................

$1,591,161.08

$1,738,341.18

2. To Baltimore City, 20 per cent of the revenues

   

of the one-half cent gasoline tax for the elimina-

   

tion of grade crossings in accordance with the

   

Act of the Legislature providing therefor; % of

   

the cost of maintaining the Gasoline Tax De-

   

partment in the State Comptroller's Office, the

   

amounts named being an estimate only, it being

   

the intention that this appropriation shall be 20

   

per cent of the actual revenue derived from this

   

tax, less the above deduction, and it being

   

further the intention that should the proceeds of

   

this tax exceed the respective amounts herein

   

set forth, then such excess shall not revert to

   

the general funds of the State but shall be set

   

over to the use of Baltimore City to be allocated

   

by subsequent legislative action in like manner

   

as the sums hereby requested ..................

160,616.29

175,357.74

3. To Counties and Cities of the State, one-half of

   

the estimated receipts of the corporation fran-

   

chise taxes, it being the intent that one-half of

   

the actual receipts from franchise taxes on

   

ordinary business corporations be distributed to

   

Baltimore City and the Counties and incor-

   

porated towns in accordance with the distribu-

   

tion provided for by the franchise tax laws,

   

whether the same be more or less than this

   

estimate....... .................................

250,000.00

250,000.00

4. To Maryland State College of Agriculture, interest

   

on investment, it being the intent that the actual

   

receipts from interest on investments held by

   

the State for the benefit of the University of

   

Maryland shall be disbursed.....................

4,000.00

4,000.00



 
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Session Laws, 1937
Volume 412, Page 1223   View pdf image (33K)
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