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Session Laws, 1997
Volume 795, Page 4255   View pdf image
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PARRIS N. GLENDENING, Governor                             Ch. 750

(b)    A licensee shall:

(1)     keep 50% of the breakage;

(2)     allocate 45% of the breakage for purses; and

(3)     allocate 5% of the breakage to the Maryland-Bred Race Fund.

(c)     From the 17% that a licensee deducts from each regular mutuel pool, the
licensee shall:

(1)     keep 7.70% of each regular mutuel pool, from which the licensee shall
pay 0.25% of each regular mutuel pool to the Maryland Race Track Employees Pension
Fund;

(2)     [allocate 0.50% 0.14% 0.32% of each regular mutuel pool to the
Commission for State tax;

(3)]—allocate 1.10% of each regular mutuel pool to the Maryland-Bred Race
Fund; and

[(4)](3) allocate [7.70%] 8.2% 8.06% 7.88% of each regular mutuel pool
for purses.

(d)     From the 19% that a licensee deducts from each multiple mutuel pool on 2
horses, the licensee shall:

(1)     keep 8.70% of each multiple mutuel pool, from which the licensee shall
pay 0.25% of each multiple mutuel pool to the Maryland Race Track Employees Pension
Fund;

(2)     [allocate 0.50% 0.14% 0.32% of each multiple mutuel pool to the
Commission for State tax;

(3)] allocate 1.10% of each multiple mutuel pool to the Maryland-Bred Race
Fund; and

[(4)] (3) allocate [8.70%] 9.2% 9.06% 8.88% of each multiple mutuel pool
for purses.

(e)     From the 25% that a licensee deducts from each multiple mutuel pool on 3 or
more horses, the licensee shall:

(1)     keep 11.70% of each multiple mutuel pool, from which the licensee shall
pay 0.25% of each multiple mutuel pool to the Maryland Race Track Employees Pension
Fund;

(2)     [ allocate 0.50% 0.14% 0.32% of each multiple mutuel pool to the
Commission for State tax;

(3)] allocate 1.10% of each multiple mutuel pool to the Maryland-Bred Race
Fund; and

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Session Laws, 1997
Volume 795, Page 4255   View pdf image
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