30                                                LAWS OF MARYLAND                                     Ch. 7

(3) [In addition to any allocations otherwise
provided in this section or Section 17A of this article, each
licensee shall allocate during 1983 and 1984 only an amount equal
to .50 percent of all money wagered to repayment of debt incurred
for construction of new grandstand facilities at the track.

(4)] A licensee shall dedicate .75 percent of the
funds received under paragraph (1) of this subsection to capital
improvements at the track.

(B-3) THE INCREASED FUNDS ALLOCATED TO LICENSEES COMMENCING
JULY 1, 1985 PURSUANT TO SUBSECTION (B)(1) OF THIS SECTION ARE
PROVIDED SO THAT EACH LICENSEE SHALL IMPROVE THE FACILITIES AND
SERVICES OF ITS TRACK AND INCREASE ITS PROMOTIONAL AND MARKETING
ACTIVITIES, IN ORDER THAT ATTENDANCE AND WAGERING MAY BE
INCREASED AND THE WELL-BEING OF THE STANDARDBRED RACING INDUSTRY
ENHANCED. EACH LICENSEE SHALL SUBMIT TO THE COMMISSION AND THE
GENERAL ASSEMBLY:

(1) BY AUGUST 1, 1985 A REPORT ON THE PROPOSED USE OF
THE INCREASED FUNDS FOR THE LICENSEES' CURRENT FISCAL YEAR; AND

(2) BY OCTOBER 1, 1986 AND EACH YEAR THEREAFTER A
REPORT, REVIEWED BY THE CERTIFIED PUBLIC ACCOUNTANTS APPROVED BY
THE COMMISSION TO AUDIT SUCH LICENSEE, SPECIFYING THE MANNER IN
WHICH THE INCREASED FUNDS WERE EXPENDED OR COMMITTED IN THE PRIOR
FISCAL YEAR OF THE LICENSEE AND AN UNAUDITED REPORT ON THE
PROPOSED USE OF THE FUNDS FOR THE CURRENT FISCAL YEAR OF THE
LICENSEE;

(3) BY OCTOBER 1, 1986 A REPORT ON THE USE OF
INCREASED FUNDS PROVIDED TO THE LICENSEE UNDER CHAPTER 144 OF THE
ACTS OF THE GENERAL ASSEMBLY OF 1983; AND

(4) ANY ADDITIONAL INFORMATION THE GENERAL ASSEMBLY
DEEMS APPROPRIATE.

(III) IN THE EVENT THAT THE GENERAL ASSEMBLY
FINDS THAT A LICENSEE'S PROPOSED USE OF THE INCREASED FUNDS IS
INCONSISTENT WITH THE PURPOSES SPECIFIED IN THIS SECTION OR THE
LICENSEE HAS NOT EXPENDED THE FUNDS CONSISTENT WITH THE PROPOSED
USE OF THE FUNDS, AS DETERMINED BY THE GENERAL ASSEMBLY IN ITS
SOLE DISCRETION, THE GENERAL ASSEMBLY MAY, BY JOINT RESOLUTION,
DIRECT THAT THE COMMISSION, NOTWITHSTANDING ANY OTHER PROVISION
OF THE LAW, SHALL NOT AWARD IN THE FOLLOWING CALENDAR YEAR ANY
PART OF OR ALL OF THE ADDITIONAL 90 DAYS OF RACING AUTHORIZED IN
SECTION 17(A) OF THIS ARTICLE TO THE LICENSEE WHOSE PROPOSED USE
OR EXPENDITURE OF THE INCREASED FUNDS IS FOUND INCONSISTENT BY
THE GENERAL ASSEMBLY WITH THE PURPOSES SPECIFIED IN THIS SECTION.

17A.

(b) Each [track licensee authorized under this article to
hold trotting and pacing races (hereinafter called "harness track
licensees")] STANDARDBRED TRACK LICENSEE shall allocate [a sum