602

LAWS OF MARYLAND

Ch. 237

provided that the approval
of expenditures pursuant to
this appropriation shall be
authorized and disbursed only
upon and after submission of
a report to the members of the
General Assembly containing
full disclosure of the bene-
ficiary owners of 2% or more
of the capital stock of any
race track operating within
the State of Maryland. In
the event that such report
is not submitted as herein
provided this appropriation
shall revert to the general fund
treasury of the State................... 176,998

34.10.00.02 Race Track Upkeep

To racing licensees licensed under the pro-
vision of Section 7 of Article 78B of the
Annotated Code of Maryland (estimated re-
ceipts) for the uses set forth and limited
by Section 12 of Article 78B of the Anno-
tated Code in the amount therein provided.

Special Fund Appropriation, provided that
revenues in excess of this estimate may
be made available by approved budget
amendment.............................. 1,425,000

All the revenue collected under the pro-
vision of Section 12 of Article 78B are
by law dedicated for the purposes set
forth as to said revenues. Any surplus
remaining at the end of the fiscal year
does not revert to the General Treasury
but is carried forward for use during
the subsequent fiscal year, subject to
the limitations and restrictions of Sec-
tion 12 of Article 78B. It is the in-
tention that the monies collected shall be
available for the purposes set forth in
Section 12 of Article 78B.

34.10.00.03 Race Track Operation Reimbursement

To pay salaries and social security of employ-
ees appointed by the Maryland Racing
Commission to work at the various tracks.
Special Fund Appropriation, provided that
revenues in excess of this estimate may
be made available by approved budget
amendment.............................. 490,000

SUMMARY

Total General Fund Appropriation ......... 176,998

Total Special Fund Appropriation..........         1,915,000