896 LAWS OF MARYLAND [CH. 475

200. All monies received by the State Tax Commission
in payment of annual franchise taxes or interest or pen-
alties thereon shall be forthwith paid over to the Treasurer,
and the State Tax Commission shall account monthly to
the Comptroller for the same. One-half of the said fran-
chise taxes, together with the interest and penalty, if any,
shall be held by the Treasurer for the use of the State,
and the other half shall be paid by him to the county or
City of Baltimore where the principal office of said cor-
poration shall be situated, but if such principal office be
situated in a city, other than the City of Baltimore, said
last mentioned one-half shall be equally divided between
such city and the county in which the same is situated; pro-
vided, however, that no such payment or distribution shall
be made to any county or city or to the City of Baltimore
unless it shall have levied, in its current fiscal year, taxes
sufficient to collect a minimum of one dollar per capita in
revenue and unless it shall have certified a copy of said,
levy to the State Comptroller; and provided, further, that
any moneys otherwise distributable under this section,
which shall not be distributed at the close of the fiscal year
of said county or city or the City of Baltimore because of
the failure of said county or city or the City of Baltimore
to make such levy or certification, shall revert to the Gen-
eral Fund of the State Treasury. Per capita revenue shall
be computed for purposes of this section by using the popu-
lation figures furnished by the latest Federal Census or by
an official local census, whichever is latest.

SEC. 4. And be it further enacted, That Section 19 (A) of
Article 78B of said Code, title "Racing Commission, " be
and the same is hereby repealed and re-enacted, with
amendments, to read as follows:

19 (A) All sums collected by the Racing Commission,
under the provisions of this Article, shall be paid over to
the Comptroller and shall be disbursed and distributed,
except where otherwise provided, as follows:

(1) There are to be allocated and credited to the general
funds of the State: (a) one-half of all revenues collected
from licensees licensed under Section 7 of this Article;
(b) one-half of all revenues collected from licensees li-
censed under Section 15 of this Article; (c) one-half of
all revenues collected from the licensees licensed under
Section 17 of this Article not required to be paid to the
Maryland State Fair Board as provided in paragraph 3
of this sub-section;