Marvin Mandel, Governor                        1863

Racing Fund for improvements to property owned or leased by any
licensee, and the Commission at any time may require any licensee
to make improvements or repairs without regard to its pro rata share
of the Racing Fund or amounts granted to it from the Racing Fund.
[In the fiscal year 1952, any amount granted by the Commission, as
provided in this section, is hereby appropriated by the State, out of
such tax collected in the fiscal year 1952 and out of the Racing Fund
on hand on July 1, 1951, to the licensee involved for the purposes
allowed by the Commission as herein authorized. For the fiscal year
1953 and for every fiscal year thereafter, the Governor shall include
in his budget or any supplemental budget the estimated receipts to
be derived from the imposition of such tax during such fiscal year
and any unexpended balance on hand in the Racing Fund at the
beginning of such fiscal year, less any reversion of the same as here-
inafter provided, to be granted by the Commission to such licensees
as provided in this section.] If amounts equal to the deductions
herein provided made by any licensee for any calendar year shall
neither have been spent or binding commitments have been entered
into for their expenditures as grants to licensees within three (3)
years from the last day of the year of collection, the unspent portion
of such years' deduction and tax payment shall revert to the general
treasury of the State and shall be paid over by the Commission to
the Comptroller [; provided, however, that, due to the present emer-
gency, amounts equal to the deductions of any licensee on hand in
the Racing Fund at the effective date of this act may be granted as
contribution to capital by the Commission to the licensee who con-
tributed such amount for the purposes herein provided at any time
prior to March 31, 1958]. If and when any licensee abandons its
present location for racing and operates at the track of another
licensee, its pro rata share of the Racing Fund may, by mutual agree-
ment between the licensees involved, with the approval of the Racing
Commission, be granted by the Commission and, if so, is hereby
appropriated for capital improvements, as hereinabove authorized,
at the track of the licensee wherein the meeting was run.

14.

(a) In addition to the license fee and other taxes imposed by
law, every person, firm, association or corporation licensed to hold
racing meetings in the State of Maryland, except bona fide county
fairs or agricultural exhibits, shall pay to the Maryland Racing
Commission for the use of the State of Maryland, within five days
after the close of each meeting, a tax at the rate of five percent (5%)
5.50% 5.34% on the total amount of money wagered on all races dur-
ing each and every meeting, except that if the Racing Commission
finds that thoroughbred racing on mile tracks will be conducted at no
more than two locations during any calendar year the tax shall be at
the rate of five and one half per cent (5½%) as provided by Section
11 (b) of this article. 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 meeting
to which such report is applicable. The Commission shall promptly
pay all taxes collected under the provisions of this section to the
Comptroller.

15.

(B) TRANSFER OF MEET TO ANOTHER TRACK.—THE
RACING COMMISSION MAY AT ANY TIME OR TIMES [OF