1864                             Laws of Maryland                       Ch. 664

EMERGENCY] IN ITS DISCRETION, AUTHORIZE ANY OR-
GANIZATION OR ASSOCIATION LICENSED UNDER THIS
SECTION TO TRANSFER ITS RACE MEET OR MEETINGS
FROM ITS OWN TRACK, OR PLACE FOR HOLDING RACES,
TO THE TRACK, OR PLACE FOR HOLDING RACES OF ANY
OTHER ORGANIZATION OR ASSOCIATION LICENSED
UNDER THIS SECTION OR SECTION 7 OF THIS ARTICLE
UPON THE PAYMENT OF ANY AND ALL APPROPRIATE LI-
CENSEE FEES FOR THE CONDUCT OF RACING AT THE
PARTICULAR TRACK, OR PLACE FOR HOLDING RACES, ON
WHICH THE RACING IS TO BE CONDUCTED; PROVIDED,
HOWEVER, THAT NO SUCH AUTHORITY TO TRANSFER
SHALL BE GRANTED WITHOUT THE EXPRESS CONSENT
OF THE ORGANIZATION OR ASSOCIATION OWNING OR
LEASING THE TRACK TO WHICH SUCH TRANSFER IS MADE.

(C) ABANDONMENT OF TRACK AND RENEWAL OF NEW
TRACK.—IF ANY ORGANIZATION ENTITLED, UNDER THIS
SECTION, TO A LICENSE AND THE AWARD OF DATES
FOR RACING SHALL PERMANENTLY ABANDON FOR RAC-
ING PURPOSES ITS PRESENT TRACK, IT MAY, WITH
THE APPROVAL OF THE COMMISSION, BE AWARDED A
LICENSE AND DATES FOR RACING AT [A NEW TRACK
WITHIN THE SAME COUNTY IN WHICH IT HAS THERE-
TOFORE CONDUCTED RACING, PROVIDED, HOWEVER,
THAT NO LICENSE SHALL BE ISSUED UNDER THE PRO-
VISIONS OF THIS SECTION TO PERMIT RACING AT THE
SAME TRACK FOR WHICH A LICENSE MAY BE ISSUED
UNDER THE PROVISIONS OF SECTION 7 OF THIS ARTI-
CLE] ANOTHER TRACK AS SPECIFIED IN THE DISCRE-
TION OF THE COMMISSION.

16.

(A) IN ADDITION TO ALL FEES, PREMIUMS, TAXES
OR OTHER PAYMENTS REQUIRED BY LAW, EACH LICENSEE
UNDER THE PROVISION 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 1969 AND DURING
EACH CALENDAR YEAR THEREAFTER, AN ANNUAL TAX
AT THE RATE OF [1%] 5.50% ON ALL MONEY WAGERED
[NOT EXCEEDING $1,500,000] ON ALL SUCH RACES CON-
DUCTED 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 WITH THE EXCEPTION OF THE AGRICULTURAL
AND MECHANICAL ASSOCIATION OF WASHINGTON COUN-
TY, WHICH SHALL PAY TO THE RACING COMMISSION
FOR THE USE OF THE STATE, WITHIN FIVE DAYS AF-
TER THE CLOSE OF THE LAST MEETING HELD DURING
THE YEAR 1969 AND DURING EACH CALENDAR YEAR
THEREAFTER, AN ANNUAL TAX AT A RATE OF 1% ON
ALL MONEY WAGERED NOT EXCEEDING $2,500,000 ON ALL
SUCH RACES CONDUCTED BY IT DURING EACH SUCH
YEAR AND 6% ON ALL MONEY WAGERED IN EXCESS
OF $2,500,000 ON ALL SUCH RACES CONDUCTED BY IT
DURING EACH SUCH YEAR]. EACH SUCH LICENSEE