2296

LAWS OF MARYLAND

Ch. 792

(b) On and after June   1, 1962, each thoroughbred track

licensee under SECTION 7   SECTIONS 7 AND 15 OF this article

shall allocate a sum equal  to [.50%] 0.84 0.50 PERCENT of

the mutuel pools AND EACH   THOROUGHBRED TRACK LICENSED UNDER

SECTION 15 OF THIS ARTICLE SHALL ALLOCATE A SUM EQUAL TO 1

PERCENT OF THE MUTUEL POOLS on all races conducted by it
during the year to the Maryland—Bred Race Fund- On and
after June 1, 1971, each thoroughbred track licensed under
§§ 7 and 15 of this article shall allocate 10% of the one
half of the breakage allocated for purse money to the
Maryland-Bred Race Fund. Any moneys allocated under this
article and not disbursed during any current meeting in
Maryland-Bred Fund races, within five (5) days after the
close of each meeting shall be paid to the Maryland Racing
Commission- The Commission shall hold all moneys so
allocated and received in a fund to be known as the
"Maryland-Bred Racing Fund," which fund shall be deposited
by the Commission in one or more banks or trust companies in
the State. The members of the Commission shall have no
personal liability for loss to the fund by reason of the
failure or insolvency or other fault of any depository if
they shall use ordinary care in the selection of the
depository. The Commission shall require any depository to
secure by collateral any deposit therein comprising a part
or all of the fund.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1978.

Approved May 16, 1978.

CHAPTER 793

(Senate Bill 594)

AN ACT concerning

State Officers and State Employees

FOR the purpose of authorizing the Board of Public Works to
grant, from certain sources, a sum to satisfy all or
part of a judgmont or settlement settlement or judgment
rendered by a court against a State officer or State
employee; specifying the terms and conditions upon
which the Board may grant this sum; stating certain
findings of the General Assembly; providing that the
immunities or defenses available to an individual State
officer or employee remain unaffected by the provisions
of this Act; defining terms; providing that the defense
of Sovereign Immunity is not abrogated in certain
cases; providing that the action of the Board is final;
requiring the State Law Department to appear and defend
certain civil actions instituted against a State
officer or employee, subject to certain conditions;