HERBERT R. O'CONOR, GOVERNOR. 1659

amounts so deducted by licensees; providing that any
unused part of said funds, to be known as the "Racing
Fund" shall revert to the Treasurer of the State.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That Sections 11 and 13 of Article 78B of the. Anno-
tated Code of Maryland (1939 Edition and 1943 Supple-
ment), title "Racing Commission", be and they are hereby
repealed and re-enacted, with amendments, to read as
follows:

11. Said Racing Commission shall have full power to
prescribe rules, regulations and conditions under which all
horseraces shall be conducted within the State of Mary-
land. Said Commission may make rules governing, re-
stricting or regulating betting on such races and may fix,
regulate and condition the rate of charge by the
licensee for admission, or for the performance of
any service, including the percentage of the mutuel pool
which any licensee may deduct and retain for its own
account, not to exceed, however, 8% of the mutuel
pools, including any deduction required by the Com-
mission to be made as its agent "pursuant to the
provisions of Section 11A of this Article but exclusive
of the 2% State tax imposed by Section 13 of this
Article, or for the sale of any article on the premises of
such licensee, and may regulate the size of the purse, stake
or reward to be offered for the conduct of such races. All
contracts and agreements for the payment of money and
all salaries, fees and compensation paid by any person or
persons, association or corporation licensed as hereinbefore
provided, and all proposed extensions, additions, or im-
provements to the buildings, stables, improvements or
tracks upon property owned or leased by such licensee
shall be subject to the approval of the Commission. Said
Commission shall have power to compel the production of
any and all books, memoranda or documents showing the
receipts and disbursements of any person, corporation or
association, licensed under the provisions of this Article
to conduct race meetings. The commission may at any
time require the removal of any employee or official em-
ployed by any licensee hereunder. The Commission shall
also have the power to require that the book and financial
or other statements of any person, corporation or asso-
ciation licensed under the provisions of this Article shall
be kept in any manner which to the Commission may seem
best, and that the Commission shall also be authorized to
visit, to investigate and to place expert accountants and
such other persons as it may deem necessary, in the offices,