WILLIAM DONALD SCHAEFER, Governor                        Ch. 5

Occurred: Prior to the 1957 codification of the
Annotated Code of Maryland.

18.

The Racing Commission may, in its discretion, authorize any
person, corporation or association licensed under § 17 to
transfer its race meet or meetings from its own track, or place
for holding RACES, TO THE TRACK OR PLACE FOR HOLDING races of any
other person, corporation or association licensed under this
article to conduct racing in the State of Maryland, upon the
payment of any and all appropriate [licensee] LICENSE fees for
the conduct of racing at the particular track, or place for
holding races, on which the racing is to be conducted; provided,
however, that no such authority to transfer shall be granted
without the express consent of the person, corporation or
association owning or leasing the track to which such transfer is
made.

DRAFTER'S NOTE:

Error: Printing errors in Article 78B, § 18.

Occurred: Ch. 664, Acts of 1970.

19.

(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;

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