H.B. 1188

VETOES

SHALL BE PAID TO THE MARYLAND MILLION, LTD., AS A GRANT TO SUPPORT AND
PROMOTE THE RUNNING OF MARYLAND MILLION RACES.

(B) THERE IS A SPECIAL FUND TORE USED ONLY FOR MARKETING. PURSES. AND
PROMOTION ACTIVITIES DIRECTLY RELATED TO THE RUNNING OF MARYLAND MILLION
RACES.

(C) IN ACCORDANCE WITH § 7-209 OF THE STATE FINANCE AND PROCUREMENT
ARTICLE, THE GOVERNOR BY BUDGETARY AMENDMENT SHALL ALLOCATE MONEY FROM
THE SPECIAL FUND UNDER SUBSECTION (B) OF THIS SECTION AS A GRANT TO THE
MARYLAND MILLION, LTD., FOR MARKETING, PURSES. AND PROMOTION ACTIVITIES
DIRECTLY RELATED TO THE RUNNING OF MARYLAND MILLION RACES.

11-803.

(a)      If a winning ticket is not redeemed within 1 year, the licensee into whose
betting pool the bet was placed shall pay 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 MARYLAND MILLION, LTD., UNDER § 11-521 OF THIS TITLE FOR
PETS MADE INTO THE MUTUEL POOLS Or A MILE THOROUGHBRED LICENSEE; OR

(2) THE COMMISSION FOR BETS MADE INTO THE BETTING POOLS OF A
MILE THOROUGHBRED LICENSEE. TO BE CREDITED AS FOLLOWS:

(I) $500,000 TO THE SPECIAL FUND UNDER § 11-521 OF THIS TITLE;
AND

(II) THE REMAINDER TO THE SPECIAL FUND UNDER SUBTITLE 4 OF
THIS TITLE; OR

[(2)] (3) the Commission, FOR ALL OTHER BETS, to be credited to the Special
Fund under Subtitle 4 of this title, for ALL OTHER bets [made into the betting pools of
a nonharness licensee].

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

(1)      report to the Commission the amount payable to the Maryland
Standardbred Race Fund or the Commission under this section; and

(2)     pay that amount to the Maryland Standardbred Race Fund or the
Commission, whichever is applicable.

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

(i) fails to report when money under this section is due; or

(ii) knowingly or willfully submits a report that understates the amount
due.

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

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