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Session Laws, 1994
Volume 773, Page 1982   View pdf image
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Ch. 371                                        1994 LAWS OF MARYLAND

11-630.

Money from uncashed pari-mutuel tickets THAT ARE from [races] BETS MADE
INTO THE BETTING POOLS OF HARNESS LICENSEES shall be paid to the Fund and
allocated to the Sires Stakes Program.

11-803.

(a)      If a winning ticket is not redeemed within 1 year, the licensee [at whose track
the ticket was bought] INTO WHOSE BETTING POOL THE BET WAS PLACED shall pay
[to the State] the amount needed to redeem the ticket TO:

(1)      THE MARYLAND STANDARDBRED RACE FUND UNDER § 11-630 OF
THIS TITLE FOR BETS MADE INTO THE BETTING POOLS OF A HARNESS LICENSEE; OR .

(2)      THE COMMISSION, TO BE CREDITED TO THE SPECIAL FUND UNDER
SUBTITLE 4 OF THIS TITLE, FOR BETS MADE INTO THE BETTING POOLS OF A
NONHARNESS LICENSEE.

(b)      [(1)]Every year for the preceding calendar year, each licensee shall:

[(i)] (1) report to the [Comptroller] COMMISSION the amount
payable to the [State] MARYLAND STANDARDBRED RACE FUND OR THE
COMMISSION UNDER THIS SECTION; and

[(ii)](2) pay that amount to the [Comptroller] MARYLAND
STANDARDBRED RACE FUND OR THE COMMISSION, WHICHEVER IS APPLICABLE.

[(2) The Comptroller shall credit the amount paid to the Special Fund under
Subtitle 4 of this title.]

(c)      (1) The license of a licensee shall be revoked if the licensee:

(i) fails to report when money under this section is due [to the
Comptroller]; or                             

(ii) knowingly or willfully submits a report that understates the amount
due [to the Comptroller].

(2) A licensee whose license is revoked under this subsection may not hold
a license for at least 1 year.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1994.                     

Approved May 2, 1994.

-1982 -

 

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Session Laws, 1994
Volume 773, Page 1982   View pdf image
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