1414

LAWS OF MARYLAND

Ch. 508

one tenth of one per centum of all money wagered in excess
of two million dollars ($2,000,000) with a maximum of three
thousand five hundred dollars ($3,500.00) from each
licensee. In addition each licensee shall allocate a sum
equal to 1/2% of the regular and the two horse multiple
mutuel pools and 1 percent of the three or more horse
multiple mutuel pool in all races conducted by it during the
year to the Maryland Standardbred Race Fund as provided by §
17A of this article.

(8) ---AN AMOUNT EQUAL TO AT LEAST .5 PERCENT OF

ALL MONEY WAGERED IN EXCESS OF $125,000 DAILY AVERAGE ON THE

THREE HORSE MULTIPLE MUTUEL POOL SHALL BE ALLOCATED AS

FOLLOWS:

(I) 50 PERCENT TO THE MARYLAND

STANDARDBRED RACE FUND; AND

(II) 50 PERCENT TO THE LICENSEE. THE

BOARD MAY REQUIRE THE LICENSEE TO REIMBURSE THE STATE FOR

PERSONNEL DESCRIBED IN § 5(B) AND EXPENSES OF LABORATORY OR

OTHER TESTS OR TESTING PROCESSES DESCRIBED IN § 5(A) IN THE

STATE BUDGET.

(8) IN ADDITION EACH LICENSEE SHALL ALLOCATE
FROM ITS SHARE OF ALL MONEY WAGERED IN EXCESS OF $125.000
DAILY AVERAGE ON ALL RACES CONDUCTED BY IT DURING THE YEAR
(1) A SUM EQUAL TO 0.50 PERCENT TO THE MARYLAND STANDARDBRED
FUND CREATED BY SECTION 17A OF THIS ARTICLE; AND (2) FOR
CALENDAR YEARS 1980 AND 1981 ONLY, A SUM EQUAL TO 0.50
PERCENT TO BE USED. WITH THE APPROVAL OF THE HARNESS RACING
BOARD, FOR PURSES AND TO PAY THE COST OF TRACK MAINTENANCE,
PHYSICAL IMPROVEMENTS, AND PERSONNEL-RELATED EXPENSES.

17A.

(b) [On and after July 1, 1971, each] EACH track
licensee authorized under this article to hold trotting and
pacing races (hereinafter called "harness track licensees")
shall allocate a sum equal to [1/2% of the mutuel] 0.50

PERCENT OF THE REGULAR AND THE TWO HORSE MULTIPLE MUTUEL

POOLS AND 1 PERCENT OF THE THREE OR WORE HORSE MULTIPLE

MUTUEL POOL__AND, IN ADDITION, SHALL ALLOCATE THE AMOUNT

SPECIFIED IN SECTION 17(B)(8) OF THIS ARTICLE on all races
conducted by it during the year to the Maryland Standardbred
Race Fund. Any moneys allocated under this article and not
disbursed during any current meeting in Maryland

Standardbred Fund races, within five (5) days after the

close of such 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 Standardbred 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 the loss to the fund by