clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 2000
Volume 797, Page 1875   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space
PARRIS N. GLENDENING, Governor Ch. 309
(2) subject to § 11-618 of this subtitle, allocate 0.25% of each mutuel pool
to the Maryland Harness Track Employees Pension Fund; (3) ALLOCATE 1.5% OF EACH MUTUEL POOL TO THE COMMISSION FOR
PAYMENT TO THE RACING FACILITY REDEVELOPMENT BOND FUND; (4) 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)] (5) keep [18.00%] 16.5% of each regular mutuel pool; [(4)] (6) keep [20.00%] 18.5% of each multiple mutuel pool on 2 horses; and [(5)] (7) keep [26.00%] 24.5% of each multiple mutuel pool on 3 or more horses. (B) A LICENSEE WHOSE AVERAGE HANDLE IS $200,000 OR LESS SHALL: (1) ALLOCATE 0.32% OF EACH MUTUEL POOL TO THE COMMISSION AS A
STATE TAX; (2) SUBJECT TO § 11-618 OF THIS SUBTITLE, ALLOCATE 0.25% OF EACH
MUTUEL POOL TO THE MARYLAND HARNESS TRACK EMPLOYEES PENSION FUND; (3) 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; (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. (C) NOTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION, A
LICENSEE IN ALLEGANY COUNTY IS SUBJECT TO THE TAKEOUT PROVISIONS OF: (1) SUBSECTION (A) OF THIS SECTION IF THE LICENSEE ELECTS TO
PARTICIPATE IN THE MARYLAND RACING FACILITY REDEVELOPMENT PROGRAM
UNDER SUBTITLE 12 OF THIS TITLE; OR (2) SUBSECTION (B) OF THIS SECTION IF THE LICENSEE DOES NOT
ELECT TO PARTICIPATE IN THE MARYLAND RACING FACILITY REDEVELOPMENT
PROGRAM UNDER SUBTITLE 12 OF THIS TITLE. (D) IF A LICENSEE RECEIVES ASSISTANCE FROM THE MARYLAND RACING
FACILITY REDEVELOPMENT PROGRAM UNDER SUBTITLE 12 OF THIS TITLE, THE
- 1875 -


 
clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 2000
Volume 797, Page 1875   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact msa.helpdesk@maryland.gov.

©Copyright  August 17, 2024
Maryland State Archives