HARRY HUGHES, Governor

4875

The Commission shall make an annual report, summarizing
the activities of the Commission, to the Governor and,
SUBJECT TO ARTICLE 40, § 51 OF THE CODE, TO the General
Assembly on or before the third Wednesday of March of each
year. The Commission also shall publish annually a report
which shall include the summary of Commission activities, as
well as all rules, regulations, opinions, and orders
promulgated or entered by the Commission during the calendar
year covered by the annual report, and any other information
which the Commission deems of value.

Article 78B - Racing Commission

13.

(a) Every person or persons, association or
corporation licensed to hold racing meets within the State
of Maryland as hereinbefore provided, shall on or before
March 15 of each year return to the Commission a full
statement, under oath, of their receipts from all sources
whatsoever during the preceding fiscal year, of each such
licensee and of all expenses and disbursements, including
but not limited to officers' salaries, attorney fees, and
all lobbying expenses. All receipts, expenses and
disbursements shall be itemized in the manner and form as
shall be directed by the Commission. The Racing Commission
shall require a uniform certified audit by a certified
public accountant of all papers, books and records of every
person, firm, association or corporation licensed to hold
racing meetings in the State of Maryland. The audit
statement shall be filed with the Racing Commission on or
before March 15 of each year for the preceding fiscal year
of such licensee. [The] SUBJECT TO ARTICLE 40, § 51 OF THE
CODE, THE audited statements of all the licenses shall be
printed in a single publication and made available to the
Governor and members of the General Assembly.

19.

(E) [Each] SUBJECT TO ARTICLE 40, § 51 OF THE CODE,
EACH county and Baltimore City which is eligible to receive
funds to assist the funding of services and facilities
located within six miles of racetracks and occasioned by the
presence of the racetracks, as provided under subsection
(d), shall submit a written report to the Maryland General
Assembly and the Comptroller of the Treasury. The report
shall be submitted on or before May 1 of each year, and
shall contain the following information with respect to
funds to assist the funding of services and facilities
located within six miles of racetracks:

(1) A complete accounting of the actual purpose
for which any such funds were expended or committed during
the previous year.