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192
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LAWS OF MARYLAND.
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[CH. 7
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Acct.
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No.
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Maryland School for the Blind Loan
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of 1949 .........................
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10,500.00
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General Public School Construction
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Loan of 1949.....................
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1,500,000.00
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2,678,490.00
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Total Debt Requirements....
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$5,523,381.25
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Less: Reserve for Emergency Bond Issue
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of 1935 .......................
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$ 291,031.25
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Available from Annuity Bond Fund
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1,242,350.00
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Interest Requirement on General
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Public School Construction Loan
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of 1949 ........................
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1,500,000.00
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3,033,381.25
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Total Appropriations from Spe<
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cial Funds...
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$2,490,000.00
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PAYMENT OF REVENUE TO CIVIL DIVISIONS
OF THE STATE
The following appropriations are made from the Special Funds of the State:
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1.
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To Baltimore City, the Counties and the Incorporated
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Towns of the State: One-half of the estimated re-
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ceipts of the Corporation Franchise Taxes, it being
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the intention that one-half of the actual receipts
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from franchise taxes on ordinary business corpora-
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tions be distributed to the Counties and Baltimore
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City and Incorporated Towns in accordance with
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the distribution provided for by the Franchise Tax
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Laws, whether the same be more or less than this
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estimate ..........................................
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$150,000.00
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2.
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To Baltimore City, the Counties and the Incorporated
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Towns of the State: The respective shares due them
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of the State Tax on Admissions to places of amuse-
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ment as per Chapter 601, Acts of 1947 ..............
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$295,760.00
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3.
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To Baltimore City: Thirty Percent (30%) of the net
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receipts entering into the Gasoline Tax Fund (Five
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Cent (5c) Gasoline Tax) ...........................
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$6,876,472.00
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4.
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To Baltimore City: Thirty Percent (30%) of the net
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receipts entering into the Motor Vehicle Revenue
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Fund, after deducting from the total of these taxes
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