1596
LAWS OF MARYLAND
Ch. 599
1975 Supplement) to read as follows:
Article 78B — Racing Commission
17.
(B-2) IN ADDITION TO THE ABOVE, EACH LICENSEE
LICENSED UNDER THE PROVISIONS OF THIS SECTION HAVING A
TOTAL WAGER IN EXCESS OF $166,666.67 DAILY AVERAGE DURING
THE RACING SEASON, SHALL DEDUCT AND RETAIN THE BREAKAGE
COMPUTED TO THE 10 CENTS FOR PHYSICAL IMPROVEMENTS TO THE
FACILITY (AS APPROVED BY THE STATE RACING COMMISSION FOR
THE YEAR 1976 AND THEREAFTER) WHERE EACH LICENSEE HOLDS
THEIR RACING MEETING. ONE-HALF OF THOSE IMPROVEMENTS
SHALL BE FOR WHAT ARE COMMONLY REFERRED TO AS
"BACKSTRETCH" IMPROVEMENTS WHICH SHALL INCLUDE BY
EXAMPLE, BUT NOT BE LIMITED TO, GROOM'S QUARTERS, HORSE
STALLS, PADDOCK FACILITIES AND TRACK KITCHENS.]]
BY repealing and reenacting, with amendments,
Article 78B — Racing Commission
Section 17 (b)
Annotated Code of Maryland
(1975 Replacement Volume and 1975 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 17(b) of Article 78B - Racing
Commission, of the Annotated Code of Maryland (1975
Replacement Volume and 1975 Supplement) be and it is
hereby repealed and reenacted, with amendments, to read
as follows:
Article 78B — Racing Commission
17.
(b) Each licensee licensed under the provisions of
this section shall at its option be permitted to avail
itself of the pari—mutuel betting privileges granted in
this section, retaining for its own use 13 1/2% of the
regular mutuel pool and 14 1/2% of the multiple mutuel
pool, if any, of all money wagered not in excess of
$125,000 daily average and 10% of the regular mutuel pool
and 11% of the multiple mutuel pool, if any, of all money
wagered in excess of $125,000 daily average on all races
conducted by it during the year, and shall pay to the
Racing Commission for the use of the State within five
days after the close of the meeting held during the year
1958, and each calendar year thereafter, an annual tax at
the rate of 3 1/2% of all money wagered not in excess of
$125,000 daily average, and 7% of all money wagered in
excess of $125,000 daily average, and 7% of all money
wagered in excess of $125,000 daily average on all races
conducted by it during the year. Regular mutuel pool
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