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Session Laws, 1978
Volume 736, Page 2613   View pdf image
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BLAIR LEE III, Acting Governor

2613

additional revenue shall be paid to the counties where the
mile tracks are located to assist the funding of services
and facilities located within six miles of the respective
racetracks and occasioned by their presence. Of this
revenue, Baltimore City, Anne Arundel and Prince George's
counties shall each BE ELIGIBLE TO receive A MAXIMUM OF 30
percent and Howard County shall BE ELIGIBLE TO receive A
MAXIMUM OF 10 percent[.], HOWEVER, THE ACTUAL AMOUNT OF
PAYMENT SHALL BE DETERMINED IN ACCORDANCE WITH SUBSECTIONS
(E) AND (F) - The limitation on the allocation and payment
of revenue to the political subdivisions does not apply to
the 18 additional days of racing authorized under § 15 of
this article to be awarded after June 1, 1974 to the
Maryland State Fair and Agricultural Society, Incorporated,
and the revenue for these additional days of racing shall be
calculated in the same manner as applies to the first 10
days. Notwithstanding the provisions of subsection (C), A
MAXIMUM OF 100 PERCENT OF this additional revenue shall be
paid to Baltimore County to assist the funding of services
and facilities within six miles of the aforementioned
racetrack and occasioned by its presence[.], HOWEVER THE
ACTUAL AMOUNT OF PAYMENT SHALL BE DETERMINED IN ACCORDANCE
WITH SUBSECTIONS (E) AND (F). All such revenues and license
fees paid over to the Comptroller of the Treasury shall be
allocated and credited to the general funds of the State
alone. [Solely for the 1957 fiscal year, which commences
July 1, 1956, if the county commissioners of each county and
the Mayor and City Council of Baltimore have levied a
minimum of five cents on each one hundred dollars of their
taxable basis for the purpose of financing the construction
of public school buildings and public school facilities and
have otherwise complied with the requirements of § 222 of
Article 77 of the Annotated Code of Maryland, as amended by
Chapter 1 of the Acts of 1956, then in accordance with the
procedure for incentive fund payments established by
subsection (7) of § 222 of Article 77 of the Annotated Code
of Maryland, there shall be paid from the increased revenues
accruing under the provisions of this section to the State's
general fund, the sum of $5 for each and every pupil
enrolled respectively in the public schools in each such
county or in the City of Baltimore. The sum allocated from
increased racing revenues shall be payable only for the 1957
fiscal year and shall be in addition to any other provisions
for school purposes in the 1957 State budget, including any
other allowances for the incentive fund for school
construction. Such amounts as may be made available under
the provisions of this subsection to each county and to the
City of Baltimore shall be expended solely for school
building construction, school facilities and school land,
except that to the extent that any of the funds are not
required for any of such purposes in any political
subdivision, the subdivision is authorized to apply the
moneys to that extent to the payment of outstanding bonds
issued for the purposes of public school construction.
Nothing herein shall be construed to limit or to affect in
any manner the provisions of Chapter 1 of the Acts of 1956.]

(E) Each county and Baltimore City which is [provided

 

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Session Laws, 1978
Volume 736, Page 2613   View pdf image
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