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Session Laws, 1986
Volume 768, Page 680   View pdf image
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680

LAWS OF MARYLAND

Ch. 129

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 78B - Racing Commission

19.

(a)  The State share of daily licensee fees, pari-mutuel
taxes and uncashed pari-mutuel tickets shall be credited to a
special fund.

(b)  (1) From the special fund established by this section
the Comptroller shall ANNUALLY pay to the Maryland Agricultural
Fair Board a sum equal to $450,000, to be used for the promotion
of State and county agricultural fairs and exhibits.

(2) In addition and as long as the Maryland State
Fair shall remain at the location at which it was conducted in
1984, beginning with fiscal year 1986 and for each subsequent
year, the Comptroller shall pay annually the following sums from
the special fund:

(i) $500,000 as a grant to the Maryland State
Fair and Agricultural Society, Incorporated, for the promotion
and enhancement of the Maryland State Fair and to maintain and
develop youth programs, including 4-H and FFA, by providing
premium moneys for recognition and awards; and

(ii) $50,000 as a grant to Baltimore County to
replace the revenues that were formerly received by the county
under this section.

[(2)] (3) The Comptroller shall annually pay from the
special fund $100,000 as a grant to Prince George's County to
replace revenues formerly received from the admissions and
amusement tax.

[(3)] (4) The Comptroller shall annually pay from the
special fund $10,000 as a grant to the Great Frederick Fair to
support exhibition harness races, with the funds to be used for
purses and track maintenance.

[(4)] (5) In the event racing is discontinued at the
Timonium track, all of the remaining days of racing awarded to
the Maryland State Fair and Agricultural Society, Inc., shall be
awarded by the Commission pursuant to the provisions of § 7 of
this article and no compensation may be paid to the Society to
offset any loss of revenues attributable to the discontinuance of
racing. Additionally, the grant to Baltimore County under this
subsection shall terminate.

(6) THE COMPTROLLER SHALL ANNUALLY PAY FROM THE
SPECIAL FUND TO THE CITY OF BOWIE THE SUM OF $50 FOR EACH DAY ON
WHICH THE TRAINING FACILITIES ARE OPEN AT THE BOWIE TRACK.

 

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Session Laws, 1986
Volume 768, Page 680   View pdf image
 Jump to  
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