WILLIAM DONALD SCHAEFER, Governor Ch. 267

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1988.

Approved May 17, 1988.

CHAPTER 267

(Senate Bill 159)

AN ACT concerning

Racing - Local Government Revenues

FOR the purpose of specifying the minimum payment of racing
revenues required to be paid to certain local governments;
requiring certain impact aid payments to certain local
governments for each day on which wagering is conducted on

certain racing transmitted by simulcast; requiring a

certain thoroughbred tracks to pay to the Racing Commission
the amount of the impact aid payments that are due the local
governments for certain racing transmitted by simulcast to
be paid from the takeout before certain allocations are
made; and generally relating to racing days and revenues.

BY repealing and reenacting, with amendments,

Article 78B - Racing Commission

Section 14(a) and 19

Annotated Code of Maryland

(1980 Replacement Volume and 1987 Supplement)

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

Article 78B - Racing Commission

14.

(a) (1) Each racing association licensed under § 7 of this
article to conduct mile thoroughbred racing shall pay to the
Maryland Racing Commission for the use of the State of
Maryland[,]:

(I) [within] WITHIN three days after each day
of racing, a tax at the rate specified in this article on the
total amount of money wagered on all races that day; AND

(II) 1. WITHIN THREE DAYS AFTER EACH DAY OF
WAGERING ON SIMULCAST RACES, CONDUCTED AT A THOROUGHBRED TRACK ON

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