Volume 796, Page 2182 View pdf image |
(4) except as provided in § 11-521 of this title, money from uncashed (5) any permit fees under §§ 11-820 and 11-832 of this title. 11-406. After all deductions from the Special Fund are made, money that remains in the (1) 70% to the Maryland-Bred Race Fund; and (2) 30% to the Maryland Standardbred Race Fund, to be divided equally 11-515. (a) Except as provided in § 11-516 of this subtitle, the takeout that a licensee (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 (1) keep 7.70% of each regular mutuel pool, from which the licensee shall (2) allocate 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 (4) allocate 7.88% of each regular mutuel pool for purses. (d) From the 19% that a licensee deducts from each multiple mutuel pool on 2 (1) keep 8.70% of each multiple mutuel pool, from which the licensee (2) allocate 0.32% of each multiple mutuel pool to the Commission for State tax;
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Volume 796, Page 2182 View pdf image |
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