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Session Laws, 1979
Volume 737, Page 1910   View pdf image
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1910

LAWS OF MARYLAND

Ch. 681

(5) Prior to the payment of any funds under the
provisions of this Act for the purposes set forth in Section
1. (3) above, the County Commissioners of Worcester County
shall provide at least an equal and matching fund amount of
[$1,750,000] $2,250,000 for this project. The County
Commissioners of Worcester County shall have until June 1,
[1980] 1981 to present evidence satisfactory to the Board of
Public Works that this fund amount will be provided. Upon
receiving from the Board of Public Works on or before June
1, 1980 1981, a certification of suitable evidence, the
proceeds of the loan shall be expended as a State grant in
accordance with the provisions of this Act. If satisfactory
evidence of the raising of at least an equal and matching
fund amount for this project is not presented to the Board
of Public Works on or before June 1, [1980] 1981, the
proceeds of the loan shall be transferred to the Annuity
Bond Fund and applied to the debt service requirements of
the State,

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1979.

Approved May 29, 1979.

CHAPTER 682

(House Bill 1583)
AN ACT concerning

Timonium Racetrack — Tax on Pari—mutuel Wagers

FOR the purpose of providing an exemption to the racetrack

     at the Timonium Fair Grounds from a certain tax imposed

on certain racetrack proceeds while the Maryland State

Fair is open removing the requirement for payment of
the State tax on betting by the Timonium Race Track for
those dates when racing is being held by the track
during the Maryland State Fair.

BY adding to

Article 78B — Racing Commission

Section 14(c) 16 (d)

Annotated Code of Maryland

(1975 Replacement Volume and 1978 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 78B — Facing Commission

 

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Session Laws, 1979
Volume 737, Page 1910   View pdf image
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