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Ch. 309 2000 LAWS OF MARYLAND
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(3) NOT MORE THAN 26.75% from each multiple mutuel pool on 3 or more
horses.
11-614.
A licensee whose average handle is over $600,000 shall:
(1) allocate 0.32% of each mutuel pool to the Com ission as State tax;
(2) allocate for purses 0.18% of each mutuel pool, or an amount that is
otherwise agreed to by the licensee and the organization representing a majority of
the harness owners and trainers in the State, which shall provide revenue in addition
to any other funds set aside for purses by private parties;
(3) allocate 0.25% of each mutuel pool to the Maryland Harness Track
Employees Pension Fund;
(4) ALLOCATE 1.5% OF EACH MUTUEL POOL TO THE COMMISSION FOR
PAYMENT TO THE MARYLAND ECONOMIC DEVELOPMENT CORPORATION;
[(4)](5) keep [16.25%] 14.75% of each regular mutuel pool;
[(5)] (6) keep [18.25%] 16.75% of each multiple mutuel pool on 2 horses; and
[(6)](7) keep [24.25%] 22.75% of each multiple mutuel pool on 3 or more
horses.
11-616.
A licensee whose average handle is $600,000 or less shall;
(1) allocate 0.32% of each mutuel pool to the Commission as State tax;
(2) allocate for purses 0.18% of each mutuel pool, or an amount that is
otherwise agreed to by the licensee and the organization representing a majority of
the harness owners and trainers in the State, which shall provide revenue in addition
to any other funds set aside for purses by private parties;
(3) subject to § 11-618 of this subtitle; allocate 0.25% of each mutuel pool
to the Maryland Harness Track Employees Pension Fund;
(4) keep 18.00% of each regular mutuel pool;
(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.
11-616.
(A) A licensee whose average handle is MORE THAN $200,000 BUT NOT MORE
THAN $600,000 [or less] shall:
(1) allocate [0.50%] 0.32% of each mutuel pool to the Commission as
State tax;
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- 1874 -
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