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Session Laws, 1982
Volume 742, Page 4819   View pdf image
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HARRY HUGHES, Governor

4819

18A OF THIS ARTICLE, THE MONEYS COLLECTED BY THE COMMISSION
UNDER § 30 OF THIS ARTICLE SHALL BE USED ONLY FOR THE
PURPOSES SET OUT IN § 29(B) OF THIS SUBTITLE.

(B) ON OR BEFORE JULY 1, OF EACH YEAR, THE MARYLAND
HORSE RACING COUNCIL SHALL REMIT TO THE COMMISSION A REPORT

DETAILING:

(1) REVENUES RECEIVED DURING THE PRECEDING
CALENDAR YEAR; AND

(2)(I) EXPENDITURES MADE DURING THE PRECEDING
CALENDAR YEAR; AND

(II) THE PURPOSES OF EACH EXPENDITURE.

32.

THE PROVISIONS OF THIS SUBTITLE CREATING THE MARYLAND
HORSE RACING COUNCIL FUND ARE OF NO EFFECT AND MAY NOT BE
ENFORCED AFTER JULY 1, 1992.

(A) ON JANUARY 1 OF 1983 AND 1984 ONLY, THE SUM OF
$100,000 OF THE AMOUNT OF THE WINNING AND NOT REDEEMED
PARIMUTUEL TICKETS REQUIRED TO BE PAID TO GENERAL FUNDS OF
THE STATE BY SECTION 23 OF THIS ARTICLE SHALL BE PLACED IN A
SPECIAL ACCOUNT BY THE COMPTROLLER. THE DEPARTMENT OF

ECONOMIC AND COMMUNITY DEVELOPMENT MAY APPROVE GRANTS FROM

THE ACCOUNT TO THE COUNCIL ONLY FOR THE PURPOSES STATED IN
SECTION 29 OF THIS ARTICLE. IN ORDER TO RECEIVE THE GRANTS,
THE COUNCIL SHALL SUBMIT TO THE DEPARTMENT FOR APPROVAL A
PLAN FOR THE USE OF ANY GRANTS. THE AMOUNTS OF ANY GRANTS
AUTHORIZED BY THE DEPARTMENT SHALL BE MATCHED BY AN EQUAL
AMOUNT OF FUNDS TO BE PROVIDED BY THE COUNCIL FROM ANY FUNDS
AVAILABLE TO THE COUNCIL.

(B) THE COUNCIL SHALL SUBMIT TO THE DEPARTMENT, NOT
LATER THAN SEPTEMBER 1 OF 1983, 1984 AND 1985 ONLY, A REPORT
OF THE REVENUES AND EXPENDITURES OF THE COUNCIL, FROM ALL
SOURCES, FOR THE FISCAL YEAR ENDING THE PRIOR JUNE 30, AND A
REPORT OF THE COUNCIL'S ACTIONS IN PROMOTING THE MARYLAND
HORSE RACING AND BREEDING INDUSTRY.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1982.

Approved June 1, 1982.

CHAPTER 894

(A) NOTWITHSTANDING ANY PROVISION OF §§ 12, 17A, OR

 

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Session Laws, 1982
Volume 742, Page 4819   View pdf image
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