HARRY HUGHES, Governor

3613

AN ACT concerning

Racing Commission - Tax on Wagering

FOR the purpose of delaying a scheduled tax increase on
racetrack wagering; extending the requirement that
certain racetracks allocate certain funds for track
maintenance and improvement through a certain year;
removing the requirement that these allocations be
approved by certain administrative agencies and adding
an additional usage for certain funds; and relating
generally to the allocation of racing pari-mutuel
pools.

BY repealing and reenacting, with amendments,

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 and 1980 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be repealed, amended, or enacted to read as follows: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 - 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.