HERBERT R. O'CONOR, GOVERNOR. 467

guilty of a misdemeanor, and upon conviction thereof, shall
shall be fined $100. 00. All license fees collected under the pro-
visions of this section, shall be paid to the Comptroller.

SEC. 10. And be It further enacted, That Section 74 of
Article 56 of the Annotated Code of Maryland (1935 Supple-
ment), title "Licenses", sub-title "Motor Vehicle Titling Tax",
as enacted by Chapter 230 of the Acts of the Regular Session
of 1937, be, and the same is hereby repealed and re-enacted,
with amendments, so as to read as follows:

74. In addition to the charges prescribed by Sections 202
and 203A, of Article 56 of the Annotated Code of Maryland
(1935 Supplement) there is hereby levied and imposed an
excise tax for the issuance of every original certificate of
title for motor vehicles in this State, and the Commissioner
of Motor Vehicles shall collect said tax upon the issuance of
every such certificate of title of a motor vehicle which has
not heretofore been titled in Maryland at the rate of two per
centum of the fair market value of every motor vehicle for
which an original certificate of title is applied for and issued.
The Commissioner of Motor Vehicles shall require every
applicant to supply such information as he may deem
necessary as to the time of purchase, the purchase price and
other information relative to the determination of the fair
market value. The Commissioner of Motor Vehicles shall remit
all sums collected under the provisions of this sub-title to
the State Comptroller. Certificates of title for fire engines and
other fire department emergency apparatus, including am-
bulances operated by or in connection with, any fire depart-
ment, shall be exempt from the tax imposed by this section.

SEC. 11. And be it further enacted, That Section 12A
of Article 78B of the Annotated Code of Maryland (1935
Supplement), title "Racing Commission", be, and the same is
hereby repealed and re-enacted, with amendments, so as to
read as follows:

12A. In addition to the license fee and other taxes imposed
by law, every person, firm, association or corporation licensed
to hold racing meetings in the State of Maryland, except
bona fide county fairs or agricultural exhibits, shall pay to
the Maryland Racing Commission for the use of the State of
Maryland, within five days after the close of each meeting,
a tax at the rate of two per cent. (2%) on the total amount
of money wagered on all races during each and every meet-
ing. The payment of said tax shall be accompanied by a
statement of the licensee, or his duly authorized agent, under
oath, showing the amount of money wagered each day dur-