HARRY HUGHES, Governor

3615

racing board for the use of the State an annual tax at the
rate of 3 1/2% of all money wagered not in excess of
$125,000 daily average, and 6% of all money wagered in
excess of $125,000 daily average on all races conducted by
it during the year. Effective January 1, [1982] 1985, the
percentage amount of all moneys in excess of $125,000 daily
average retained by the licensee shall be 10.5 percent of
the regular mutuel pool, 12.5 percent of the two horse
multiple mutuel pool, and 18.5 percent of the three or more
horse multiple mutuel pool, and paid to the harness racing
board for use of the State shall be 6.5 percent.

(8) In addition each licensee shall allocate
from its share of all money wagered in excess of $125,000
daily average on all races conducted by it during the year
(1) a sum equal to 0.50 percent to the Maryland Standardbred
Fund created by Section 17A of this article; and (2) for
calendar years [1980 and] 1981, 1982, 1983, AND 1984 only, a
sum equal to 0.50 percent 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; AND TO ENSURE THE MAINTENANCE OF
PROPER LIVING CONDITIONS IN THE BACKSTRETCH.

(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] 1 percent of all money wagered, to be expended
equally upon increased purses and physical improvements to
its racing facilities[, as approved by the harness racing
board]. In calendar years [1980 and] 1981, 1982, 1983, AND
1984 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, AND TO ENSURE THE
MAINTENANCE OF PROPER LIVING CONDITIONS IN THE BACKSTRETCH.

(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, 1982, 1983, AND 1984 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, 1982, 1983, AND 1984 only. In addition to
any allocations otherwise provided in this section or