Ch. 267
LAWS OF MARYLAND
(I) TO ANNE ARUNDEL COUNTY, THE SUM OF $1,000
FOR EACH DAY ON WHICH WAGERING ON SIMULCAST RACES IS CONDUCTED AT
A RECEIVING TRACK LOCATED IN THE COUNTY;
(II) TO BALTIMORE CITY, THE SUM OF $1,400 FOR
EACH DAY ON WHICH WAGERING ON SIMULCAST RACES IS CONDUCTED AT A
RECEIVING TRACK LOCATED IN THE CITY;
(III) TO HOWARD COUNTY, THE SUM OF $250 FOR
EACH DAY ON WHICH WAGERING ON SIMULCAST RACES IS CONDUCTED AT A
RECEIVING TRACK LOCATED IN ANNE ARUNDEL COUNTY; AND
(IV) TO THE CITY OF LAUREL, THE SUM OF $150 FOR
EACH DAY ON WHICH WAGERING ON SIMULCAST RACES IS CONDUCTED AT A
RECEIVING TRACK LOCATED IN ANNE ARUNDEL COUNTY.
(d) Each subdivision which is eligible to receive funds
under subsection (c) of this section, shall submit a written
report to the Comptroller and the Department of Fiscal Services.
The report shall be submitted on or before November 1 of each
year, and shall contain the following information:
(1) A complete accounting of the actual purpose for
which any such funds were expended or committed during the prior
fiscal year ending June 30;
(2) A complete accounting of the funds appropriated
in the budget of the subdivision for the current fiscal year, and
of the intended use of further payments of such funds including
the relationship of such future use to the presence of a
racetrack. 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
subdivision in a special account, and will be used only for the
purposes specified in the report;
(4) A description of the procedures used by the
subdivision to select the projects to be included in the
accounting of intended use required under item (2) of this
subsection, including the methods of solicitation and degree of
participation in those procedures by the public; and
(5) A certification that any such funds will be
expended only to assist the funding of services and facilities
located within 2 miles of Pimlico racetrack or 3 miles of Laurel
racetrack.
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