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HARRY HUGHES, Governor
2289
Article 78B - Racing Commission
Section 11(b)(3) and (7), 14(a), 17(b)(1) and (8),
(b-1), and (b-2)
Annotated Code of Maryland
(1980 Replacement Volume)
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be repealed, amended, or enacted to read as follows: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 - Racing Commission
11.
(b) Each mile thoroughbred licensee licensed under §
7 of this article shall deduct the breakage computed to the
10 cents and the following amounts on all races conducted by
it: for calendar year 1978 and all subsequent calendar
years, 15 percent of the regular mutuel pool, 19 percent of
the multiple mutuel pool involving two horses, and 25
percent of the multiple mutuel pool involving three or more
horses. Regular mutuel pool means a separate wagering pool
in which an interest is represented by a single ticket
evidencing a single wager on one horse. Multiple mutuel pool
means a separate wagering pool in which an interest is
represented by a single wager on two or more horses. Each
licensee shall apply the amounts deducted as follows:
(3) 4.09 percent of the mutuel pools shall be
paid to the Maryland Racing Commission for the use of the
State as provided by § 14 of this article. Effective
January 1, [1982] 1985, the percent of the mutuel pools paid
to the Maryland Racing Commission for use of the State as
provided by Section 14 of this article shall be 4.84
percent.
(7) 4.41 percent of the regular mutuel pool and
5.41 percent of the multiple mutuel pool of all races during
the year shall be retained by the licensee from which 0.25
percent of both pools shall be paid by the licensee to the
Maryland Race Track Employees Pension Fund to be
administered by representatives of the licensee and the
employees and from which 0.75 percent of both pools, in
calendar years [1980 and] 1981, 1982, 1983, AND 1984 only,
shall be allocated by the licensee[, with the approval of
the thoroughbred racing board,] solely to pay the cost of
track maintenance, physical improvements, and
personnel-related expenses, AND TO ENSURE THE MAINTENANCE OF
PROPER LIVING CONDITIONS IN THE BACKSTRETCH. Effective
January 1, [1982] 1985, the percent of the mutuel pools
retained by the licensee shall be 3.66 percent of the
regular mutuel pool and 4.66 percent of the multiple mutuel
pool from which 0.25 percent of both pools shall be paid by
the licensee to the Maryland Race Track Employees Pension
Fund to be administered by representatives of the licensee
and the employees.
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