806

LAWS OF MARYLAND

[Ch. 119

19.06.00.00 Share of Franchise Tax on Ordinary

Business Corporations

To Baltimore City, the Counties and the
Incorporated Towns of the State: One-
half of the estimated receipts of the
Corporation Franchise Taxes, it being
the intention that one—half of the
actual receipts from franchise taxes on
ordinary business corporations be dis-
tributed to the Counties and Baltimore
City and Incorporated Towns in accord-
ance with the distribution provided for
by the Franchise Tax Laws, whether the
same be more or less than this estimate.

Special Fund Appropriation............ 750,000

19.07.00.00 State Grants to Subdivisions

To Baltimore City and the Counties of the
State: The respective shares due them
in lieu of property tax in accordance
with Article 81, Section 12H, of the
1957 Annotated Code and the 1974 Cumula-
tive Supplement the amount shown herein
being an estimate, it being the inten-
tion that the amount distributed shall
be based on the actual State property
taxes collected.

General Fund Appropriation............ 24,750,000

19.10.00.00 Share of Racing Revenue

To Baltimore City, the Counties and the
Incorporated Towns of the State: The
respective shares due them from racing
in accordance with legislation relating
thereto; the amount shown herein being
an estimate, it being the intention that
the amount to be distributed shall be
the actual share of the revenue due un-
der the provisions of the Code.

Special Fund Appropriation............ 2,677,681

19.11.00.00 State Aid for the Police Protection

Fund

To Baltimore City, the Counties and Munic-
ipalities of the State: The respective
shares due them in accordance with Arti-
cle 15A, Section 37, of the 1957 Anno-
tated Code and the 1974 Cumulative Sup-
plement for the purposes of providing
for more adequate police protection.
This amount includes $15,515,861, which
is contingent upon legislation amending
paragraph (D) (2) , Section 37, of Article
15A to read "not to exceed the equivalent