MARVIN MANDEL, Governor                                2103

§ 7 of this article shall deduct the breakage computed to
the ten cents (10¢) and fifteen percent (15%) of the
REGULAR mutuel pool AND SIXTEEN PERCENT (16%) OF THE
MULTIPLE MUTUEL POOL, IF ANY on all races conducted by it
[[and]] . REGULAR MUTUEL POOL MEANS A SEPARATE WAGERING
POOL IN WHICH AN INTEREST IS REPRESENTED BY A SINGLE
TICKET EVIDENCING A SINGLE WAGER ON ONE HORSE. MULTIPLE

MUTUEL POOL MEANS A SEPARATE WAGERING POOL IN WHICH AN

INTEREST IS REPRESENTED BY A SINGLE WAGER ON TWO OR MORE
HORSES. EACH LICENSEE shall apply the amounts deducted
as follows:

(1) One half of the breakage shall be [paid to the
Maryland Racing Commission for the use of the State as
provided by § 14 of this article] ALLOCATED FOR PURSE
MONEY. TEN PERCENT OF THE ONE-HALF OF THE BREAKAGE FOR
PURSE MONEY SHALL BE ALLOCATED TO THE MARYLAND-BRED RACE
FUND AS PROVIDED BY SECTION 18A OF THIS ARTICLE.

(3)    5.34% of the mutuel [[pool]] POOLS shall be
paid to the Maryland Racing Commission for the use of the
State as provided by Section 14 of this article.

(4)    An amount equal to .50% of the mutuel [[pool]]
POOLS on all races conducted during the year shall be
allocated to the Maryland—Bred Race Fund as provided by
Section 18A of this Article.

(5)    An amount equal to 5% of the mutuel [[pool]]

POOLS on all races conducted during the year shall be

allocated for purse money. The formula for distribution

of__the purse money shall be determined by an agreement

between an organization representing the horsemen and the
tracks, the agreement to be subject to the approval of
the Commission. It is the intention that the allocation
shall be made in the approximate amount of eighty percent
(80%) to the current year's overnight races and twenty

percent (20%) to the current year's stake races.

(6)    An amount equal to one half of one percent
(1/2%) of the mutuel [[pool]] POOLS on all races
conducted during the year shall be allocated for capital
improvements as provided by Section 12 of this article.

(7)    3.66% of the REGULAR mutuel pool [[and]] AND
4.66% OF THE MULTIPLE MUTUEL POOL of all races during the
year shall be retained by the licensee from which .25% OF
BOTH POOLS shall be paid by the licensee to the Maryland
Race Track Employees Pension Fund to be administered by
representatives of the licensee and the employees.

14.

[(b) In addition to the license fee, the tax on