1550

LAWS OF MARYLAND

Ch. 285

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. [Subject
to Article 40, § 51 of the Code, the] THE audited statements of
all the licenses shall be printed in a single publication and
made available to the Governor and [members of], SUBJECT TO §
2-1312 OF THE STATE GOVERNMENT ARTICLE, TO the General Assembly.

19.

(e) [Subject to Article 40, § 51 of the Code, each] 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) OF THIS SECTION,
shall submit a written report to the [Maryland General Assembly
and the] Comptroller [of the Treasury] AND, SUBJECT TO § 2-1312
OF THE STATE GOVERNMENT ARTICLE, TO THE GENERAL ASSEMBLY. 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[.];

(2)  A complete accounting of the intended use of
further payments of such funds including the relationship of such
future use to the presence of a racetrack[. In] AND, IN the
event that a future use will involve expenditure or commitment of
such funds over a period of more than one year, the accounting of
intended use shall include a schedule reflecting the annual
amount to be expended or committed for each year through the
completion of the intended use[.];

(3)  A certification from the fiscal officer of the
jurisdiction that any and all such funds will be held by the
county or Baltimore City in a special account, and will be used
only for the purposes specified in the report[.]; AND

(4)  A description of the procedures used by the
county or Baltimore City to select the projects to be included in
the accounting of intended use required under [subsection (e)]
ITEM (2) [above] OF THIS SUBSECTION, including the methods of
solicitation and degree of participation in those procedures by
the public.