HARRY HUGHES, Governor
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(6) THE BOARD MAY REQUIRE THAT ANY CONTRACT LET
BY THE LICENSES-----SHALL BE UNDER AN UNRESTRICTED BIDDING
PROCEDURE.
(7) THE BOARD UNDER ITS POWERS MAY ADOPT ANY
RULEMAKING POWER THAT IT HAS TO IMPLEMENT THIS SUBSECTION.
17.
(b—1) In addition to the aforegoing, each licensee
licensed under the provisions of this section, and having a
total wager not in excess of $166,666.67 daily average on
all races conducted by it during the year, shall retain for
its own use in the year 1970 and in each calendar year
thereafter Tone per centum (1%)] 1 PERCENT of all money
wagered, to be expended equally upon increased purses and
physical improvements to its racing facilities, as approved
by the [State Racing Commission] HARNESS RACING BOARD. IN
CALENDAR YEARS 1980 AND 1981 ONLY, EACH LICENSEE SUBJECT TO
THE PROVISIONS OF THIS SUBSECTION SHALL RETAIN FOR ITS OWN
USE AN ADDITIONAL SUM EQUAL TO .75 PERCENT OF ALL MONEY
WAGERED 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.
(B-2) NOTWITHSTANDING THE PROVISIONS OF SUBSECTION (B)
OF THIS SECTION, FOR ANY LICENSEE HAVING A TOTAL WAGER NOT
IN EXCESS OF $125,000 DAILY AVERAGE ON ALL RACES, CONDUCTED
BY IT, THE LICENSEE SHALL PAY AN ANNUAL TAX FOR THE USE OF
THE STATE AT THE RATE OF 3 PERCENT OF ALL MONEY WAGERED NOT
IN EXCESS __OF $125,000 DAILY AVERAGE DURING THE CALENDAR
YEARS 1979, 1980, AND 1981 ONLY; AND SHALL RETAIN FOR ITS
OWN USE 14 PERCENT OF THE REGULAR MUTUEL POOL, 16 PERCENT OF
THE TWO HORSE MULTIPLE MUTUEL POOL, IF ANY, AND 22 PERCENT
OF THE THREE HORSE MULTIPLE MUTUEL POOL, IF ANY, OF ALL
MONEY WAGERED NOT IN EXCESS OF $125,000 DAILY AVERAGE DURING
THE CALENDAR YEARS 1979, 1980, AND 1981 ONLY. IN ADDITION
TO ANY ALLOCATIONS OTHERWISE PROVIDED IN THIS SECTION OR
SECTION 17A OF THIS ARTICLE, EACH LICENSEE SHALL ALLOCATE
DURING THESE YEARS ONLY AN AMOUNT EQUAL TO .50 PERCENT OF
ALL MONEY WAGERED TO REPAYMENT OF DEBT INCURRED FOR
CONSTRUCTION OF NEW GRANDSTAND FACILITIES AT THE TRACK.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July June 1, 1979.
Approved May 29, 1979.
CHAPTER 666
(House Bill 1691)
AN ACT concerning
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