824

LAWS OF MARYLAND

Ch. 85

AGRICULTURAL Fair Board as provided in paragraph (3) of this
subsection;

(2)  Except as hereinafter in subsection (D)
provided, there shall be divided among and allocated and
paid to the several counties of the State and to Baltimore
City on the basis of population, according to the latest
available federal census: (a) twenty-four thousand dollars
($24,000) plus one half of all breakage and license fees and
two fifths (2/5) of all wagering revenues collected from
licensees licensed under § 7 of this article; (b) one
quarter of all revenues collected from licensees licensed
under § 15 of this article; (c) one half of all breakage and
license fees, one quarter (1/4) of all revenues arising out
of the tax on all money wagered not in excess of $2,000,000,
and nine twentieths (9/20) of all revenues arising out of
the tax on all money wagered in excess of $2,000,000
collected from licensees licensed under § 17 of this article
not required to be paid to the Maryland [State] AGRICULTURAL
Fair Board as provided in paragraph (3) of this subsection;
provided, however, that before payment of such revenues to
the several counties of the State and Baltimore City, the
Comptroller shall first pay out of such revenues the sums
required to be paid by § 2 of Article 22 and thereafter the
balance of such revenue shall be divided, allocated and paid
to the several counties and Baltimore City as hereinbefore
provided; except that no funds shall be divided among,
allocated or paid to any of the several counties of the
State or to the City of Baltimore as aforesaid unless it
shall have levied, in its current fiscal year, taxes
sufficient to collect a minimum of one dollar per capita in
revenue and unless it shall have certified a copy of said
levy to the State Comptroller; and provided further, that
any moneys otherwise distributable as hereinbefore provided,
which shall not be distributed at the close of the fiscal
year of any such county or the City of Baltimore because of
failure of any county or the City of Baltimore to make such
levy and certification, shall revert to the general fund of
the State treasury. Per capita revenue shall be computed for
purposes of this subsection by using the population figures
furnished by the latest federal census or by an official
local census, whichever is latest.

(3)  From all revenues collected from licensees
licensed under §§15 and 17 of this article, the Comptroller
shall pay to the Maryland [State] AGRICULTURAL Fair Board a
sum equal to $414,000 less the sum received by the Maryland
[State] AGRICULTURAL Fair Board under § 17 of this article,
to be used for the promotion of State and county
agricultural fairs and exhibits; and from the fiscal year
commencing July 1, 1977 and in each of the four consecutive
fiscal years after it, the Comptroller shall pay to the
Maryland [State] AGRICULTURAL Fair Board the additional sum
of one million dollars to be disbursed by the Board to the
Maryland State Fair and Agricultural Society, Inc., as a
State grant to assist in financing the construction,
expansion, relocation, replacement and modernization of the