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PARRIS N. GLENDENING, Governor
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Ch. 309
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(2) enhanced well-being of the racing industry.
(d) The General Assembly, by statute, may direct that the Commission not
award in the following calendar year part or all of the additional racing days
authorized under § 11-511 of this subtitle to the licensee, if the General Assembly
finds that:
(1) the proposed use of the increased revenue is inconsistent with the
purposes specified under this section; or
(2) the licensee has not spent the increased revenue as proposed.
(e) In addition to the expenditures required by subsection (b) of this section, in
each year a licensee shall spend for capital improvements, marketing, public
relations, and maintenance not less than the average yearly expenditure for the same
activities in the 3 fiscal years of the licensee that immediately preceded April 9,
1985.3
[11-521.
(a) $500,000 in money from uncashed pari-mutuel tickets that are from bets
made into the mutuel pools of mile thoroughbred licensees 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 to be used only for marketing, purses, and
promotion activities directly related to the running of the 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 promotional activities directly related to the running of
Maryland Million races.]
11-615.
(a) From a licensee's share of the takeout on each mutuel pool, the licensee
whose average handle is over $600,000 shall allocate equally to the Sires Stakes
Program and the Fealed 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
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- 1857 -
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