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Session Laws, 1984
Volume 759, Page 2646   View pdf image
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2646

LAWS OF MARYLAND

Ch. 499

(d) Except as provided in this section to the contrary, the
Comptroller may not divide, allocate and pay to the several
counties of the State and to Baltimore City any portion of the
(1) revenues or license fees arising out of any days of racing in
excess of [33] 34 at any one track during any one year, collected
by the Maryland Racing Commission from each licensee licensed
under § 7 of this article; (2) revenues arising out of any days
of racing in excess of ten at any one track during any one year
collected by the Maryland Racing Commission from each licensee
licensed under § 15 of this article; (3) revenues or license fees
arising out of any days of racing in excess of 20 at any one
track during any one year collected by the Maryland Racing
Commission from each licensee licensed under § 17 of this
article. However, this limitation on the allocation and payment
of revenue to the political subdivisions does not apply to the
additional 48 days of racing awarded under § 7(b) of this
article; and the distribution of revenue for these additional
days of racing shall be calculated in the same manner as applies
to racing for the first [33] 34 days. Notwithstanding the
provisions of subsection (c), this additional revenue shall be
paid to the counties where the mile tracks are located to assist
the funding of services and facilities located within six miles
of the respective racetracks and occasioned by their presence.
Of this revenue, Baltimore City, Anne Arundel and Prince George's
counties shall each be eligible to receive a maximum of 30
percent and Howard County shall be eligible to receive a maximum
of 10 percent, however, the actual amount of payment shall be
determined in accordance with subsections (e) and (f). THE
LIMITATION ON THE ALLOCATION AND PAYMENT OF REVENUE TO THE
POLITICAL SUBDIVISIONS DOES NOT APPLY TO THE ADDITIONAL 32 DAYS
OF RACING AWARDED UNDER SECTION 7(F) OF THIS ARTICLE; AND THE
DISTRIBUTION OF REVENUE FOR THESE ADDITIONAL DAYS OF RACING SHALL
BE CALCULATED IN THE SAME MANNER AS APPLIES TO RACING FOR THE
FIRST 34 DAYS. NOTWITHSTANDING THE PROVISIONS OF SUBSECTION (C),
THIS ADDITIONAL REVENUE SHALL BE PAID TO THE COUNTIES WHERE THE
MILE TRACKS ARE LOCATED AT WHICH THESE ADDITIONAL 32 DAYS ARE RUN
TO ASSIST THE FUNDING OF SERVICES AND FACILITIES LOCATED WITHIN 6
MILES OF THE RESPECTIVE RACETRACKS AND OCCASIONED BY THEIR
PRESENCE; BUT THE TOTAL ADDITIONAL REVENUE DISTRIBUTED FOR THESE
ADDITIONAL 32 DAYS SHALL NOT EXCEED $120,000 PER YEAR. OF THIS
REVENUE, BALTIMORE CITY OR THE RESPECTIVE COUNTY SHALL EACH BE
ELIGIBLE TO RECEIVE A MAXIMUM PERCENTAGE EQUAL TO THE PERCENTAGE
OF THE ADDITIONAL 32 DAYS RUN AT A MILE TRACK IN THAT
SUBDIVISION; HOWEVER, THE ACTUAL AMOUNT OF PAYMENT SHALL BE
DETERMINED IN ACCORDANCE WITH SUBSECTIONS (E) AND (F). [The
limitation on the allocation and payment of revenue to the
political subdivisions does not apply to the 18 additional days
of racing authorized under § 15 of this article to be awarded
after June 1, 1974 to the Maryland State Fair and Agricultural
Society, Incorporated, and the revenue for these additional days
of racing shall be calculated in the same manner as applies to
the first 10 days. Notwithstanding the provisions of subsection
(c), a maximum of 100 percent of this additional revenue shall be
paid to Baltimore County to assist the funding of services and

 

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Session Laws, 1984
Volume 759, Page 2646   View pdf image
 Jump to  
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