590                             LAWS OF MARYLAND                      [CH. 365

15.

(A)   IN ADDITION TO LICENSING RACING, AS HERE-
INBEFORE PROVIDED, THE RACING COMMISSION IS AU-
THORIZED TO ISSUE LICENSES TO THE FOLLOWING OR-
GANIZATIONS: AGRICULTURAL AND MECHANICAL ASSO-
CIATION OF WASHINGTON COUNTY, CUMBERLAND FAIR
ASSOCIATION, INC., HARFORD COUNTY FAIR ASSOCIA-
TION, INC., SOUTHERN MARYLAND AGRICULTURAL FAIR
ASSOCIATION OF PRINCE GEORGE'S COUNTY, AND THE
MARYLAND STATE FAIR AND AGRICULTURAL SOCIETY,
INCORPORATED. SUCH LICENSES SHALL PERMIT THE
HOLDERS TO CONDUCT A RACE MEETING OR MEETINGS
WITH BETTING PRIVILEGES, NOT TO EXCEED TWELVE
DAYS FOR ANY ONE ORGANIZATION IN ANY CALENDAR
YEAR, EXCEPT THAT THE AGRICULTURAL AND MECHANI-
CAL ASSOCIATION OF WASHINGTON COUNTY AND THE
SOUTHERN MARYLAND AGRICULTURAL FAIR ASSOCIA-
TION OF PRINCE GEORGE'S COUNTY SHALL RECEIVE NOT
TO EXCEED EIGHTEEN DAYS. PROVIDED SUCH MEETINGS
ARE HELD IN CONNECTION WITH OR FOR THE BENEFIT
OF BONA FIDE COUNTY FAIRS OR AGRICULTURAL EX-
HIBITIONS AND ARE HELD IN COMPLIANCE WITH ALL
THE PROVISIONS OF THIS ARTICLE.

16.

(a) In addition to all tees, premiums, taxes or other payments
required by law, each licensee under the provisions of Section 15
shall pay to the Racing Commission for the use of the State, within
five days after the close of the last meeting held during the year
[1951] 1962 and during each calendar year thereafter, an annual tax
at the rate of 1% on all money wagered not exceeding $1,500,000 on
all such races conducted by it during each such year and 6% on all
money wagered in excess of $1,500,000 on all such races conducted
by it during each such year and shall pay one-half (½) of the
breakage computed to ten cents (10¢) to the [Comptroller] Racing
Commission for the use of the [Maryland State Fair Board, which
shall be used by said Board as it deems necessary for premiums at
the tracks where such breakage was collected and the remainder used
for the general purposes of said Board] State, 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 during the preceding meetings. The Commission shall
promptly pay all taxes collected under the provisions of this section
to the Comptroller, as provided in Section 19 of this article. Each
licensee may deduct and retain for its own account 12% of all money
wagered on all races conducted by it during each year not exceeding
$1,500,000 and 7% on all money wagered in excess of $1,500,000 on
all races conducted by it during each year, and one-half (½) of the
breakage computed to the ten cents (10¢). For the purpose of en-
forcing the provisions of this section the Commission shall have and
exercise all of the power conferred upon it by Sections 11 and 13
of this article.

17.

(B)   EACH LICENSEE LICENSED UNDER THE PROVI-
SIONS OF THIS SECTION SHALL AT ITS OPTION BE PER-