WILLIAM DONALD SCHAEFER, Governor                         Ch. 662

(i) increased attendance and pari-mutuel betting; and

(ii) enhanced well-being of the standardbred racing industry.

(2) [Within 90 days after the end of a licensee's fiscal year, each licensee
shall submit to the Commission and, subject to § 2-1312 of the State Government Article,
the General Assembly:

(i) a report that:

1.       is reviewed by a certified public accountant whom the
Commission approves to audit the licensee; and

2.       specifies how the allocation under this subsection was spent
or committed in the past fiscal year of the licensee;

(ii) an unaudited report on the proposed use of the allocation for the
current fiscal year of the licensee; and

(iii) any additional information that the General Assembly requires.

(3)] The General Assembly, by statute, may direct that the Commission not
award in the following calendar year part or all of the racing days authorized under §
11-610 of this subtitle to the licensee if the General Assembly finds that:

(i) the proposed use of the allocation under this subsection is
inconsistent with the purposes specified in this section; or

(ii) the licensee has not spent the allocation in a way that is consistent
with the proposal.

11-617.

(e) (1) From the licensee's share of the takeout, the licensee shall allocate
0.25% of each mutuel pool to improve the facilities and services of the track and to
increase marketing activity, so as to promote:

(i) increased attendance and pari-mutuel betting; and

(ii) enhanced well-being of the standardbred racing industry.

(2) [Within 90 days after the end of a licensee's fiscal year, each licensee
shall submit to the Commission and, subject to § 2-1312 of the State Government Article,
the General Assembly:

(i) a report that:

1.       is reviewed by a certified public accountant whom the
Commission approves to audit the licensee; and

2.       specifies how the allocation under this subsection was spent
or committed in the past fiscal year of the licensee;

(ii) an unaudited report on the proposed use of the allocation for the
current fiscal year of the licensee; and

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