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Session Laws, 1995
Volume 793, Page 3364   View pdf image
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Ch. 590                                    1995 LAWS OF MARYLAND

11-613.

(b)     If an average handle is over [$300,000] $600,000, the takeout shall be:

(1)     17% from each regular mutuel pool;

(2)     19% from each multiple mutuel pool for 2 horses; and

(3)     25% from each multiple mutuel pool on 3 or more horses.

(c)     If the average handle is [$300,000] $600,000 or less, the takeout shall be:

(1)     18.75% from each regular mutuel pool;

(2)     20.75% from each multiple mutuel pool on 2 horses; and

(3)     26.75% from each multiple mutuel pool on 3 or more horses.

11-614.

Except as provided in § 11-614.1 of this subtitle, a licensee whose average handle is
over [$300,000] $600,000 shall:

(1)     allocate 0.50% of each mutuel pool to the Commission as State tax;

(2)     allocate 0.25% of each mutuel pool to the Maryland Harness Track
Employees Pension Fund;

(3)     keep 16.25% of each regular mutuel pool;

(4)     keep 18.25% of each multiple mutuel pool on 2 horses; and

(5)     keep 24.25% of each multiple mutuel pool on 3 or more horses.

11-615.

(a) From a licensee's share of the takeout on each mutuel pool, the licensee
whose average handle is over [$300,000] $600,000 shall allocate equally to the Sires Stakes
Program and the Foaled Stakes Program of the Maryland Standardbred Race Fund the
following amounts:

(1)     on the first $125,000 of the average handle:
(i) 0.50% of each regular mutuel pool;

(ii) 0.50% of each multiple mutuel pool on 2 horses; and
(iii) 1% of each multiple mutuel pool on 3 or more horses.

(2)     on the rest of the average handle:

(i) 1% of each regular mutuel pool;

(ii) 1% of each multiple mutuel pool on 2 horses; and

(iii) 1.5% of each multiple mutuel pool on 3 or more horses.

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Session Laws, 1995
Volume 793, Page 3364   View pdf image
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