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VETOES
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H.B. 230
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successor must deduct from the handle for races held at the Fair Hill Natural
Resources Management Area. The bill also increases from 8% to 9% the percentage of
the handle that must be paid to the State Racing Commission for the Fair Hill
Improvement Fund.
Senate Bill 460, which was passed by the General Assembly and signed by me,
accomplishes the same purpose. Therefore, it is not necessary for me to sign House
Bill 230.
Very truly yours,
Robert L. Ehrlich, Jr.
Governor
House Bill No. 230
AN ACT concerning
Horse Racing at Fair Hill - Cecil County Breeders' Fair, Inc. - Takeout
FOR the purpose of altering the percentage of money that the Cecil County Breeders'
Fair, Inc., or its successor must deduct as takeout from the handle for horse
races held at the Fair Hill Natural Resources Management Area; altering the
percentage of the handle that must be paid to the State Racing Commission; and
generally relating to racing at the Fair Hill Natural Resources Management
Area.
BY repealing and reenacting, without amendments,
Article - Business Regulation
Section 11-101(a), (e), and (u), and 11-701 through 11-703
Annotated Code of Maryland
(2004 Replacement Volume)
BY repealing and reenacting, with amendments,
Article - Business Regulation
Section 11-704
Annotated Code of Maryland
(2004 Replacement Volume)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Business Regulation
11-101.
(a) In this title the following words have the meanings indicated.
(e) "Handle" means the gross amount, less refunds, of money bet.
(u) "Takeout" means the part of the handle that is not returned to successful
bettors but is otherwise allocated under this title.
- 4000 -
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