(5) keep 20.00% of each multiple mutuel pool on 2 horses; and
(6) keep 26.00% of each multiple mutuel pool on 3 or more horses.
Chapter 477 of the Acts of 1998
SECTION 3. AND BE IT FURTHER ENACTED, That the changes to § 11-406
of the Business Regulation Article, as enacted by Section 1 of this Act, shall remain
effective until [June 30, 1999] JUNE 30, 2000, and, at the end of [June 30, 1999]
JUNE 30, 2000, with no further action required by the General Assembly, the changes
to § 11-406 shall be abrogated and of no further force and. effect.
Chapter 750 of the Acts of 1997, as amended by Chapter 477 of the Acts of
1998
SECTION 5. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1997. It shall remain effective for a period of [2 years] 3 YEARS and 1 month
and, at the end of [June 30, 1999] JUNE 30, 2000, with no further action required by
the General Assembly, this Act shall be abrogated and of no further force and effect.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1999.
Approved April 27, 1999.
CHAPTER 292
(House Bill 1118)
AN ACT concerning
Creation of a State Debt - Baltimore City - West Arlington Planetarium and
Multipurpose Center
FOR the purpose of authorizing the creation of a State Debt not to exceed $750,000
$150,000 $100,000, the proceeds to be used as a grant to the Board of Directors
of the West Arlington Improvement Association of Baltimore City, Inc. for
certain acquisition, development, or improvement purposes; providing for
disbursement of the loan proceeds, subject to a requirement that the grantee
provide and expend a matching fund; requiring the grantee to grant and convey
to the Maryland Historical Trust a certain kind of easement; and providing
generally for the issuance and sale of bonds evidencing the loan.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(1) The Board of Public Works may borrow money and incur indebtedness on
behalf of the State of Maryland through a State loan to be known as the Baltimore
City - West Arlington Planetarium and Multipurpose Center Loan of 1999 in a total
principal amount equal to the lesser of (i) $750,000 $150,000 $100,000 or (ii) the
amount of the matching fund provided in accordance with Section 1(5) below. This
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