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Ch. 26
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2002 LAWS OF MARYLAND
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EACH LICENSEE UNDER THIS PART SHALL SUBMIT TO THE BOARD, AT
MONTHLY INTERVALS OR AT ANY OTHER INTERVAL THAT THE BOARD SETS, A
STATEMENT OF ITS GROSS RECEIPTS AND EXPENSES.
(B) CONTENTS.
FOR EACH GAME OF BINGO CONDUCTED BY THE LICENSEE, THE STATEMENT
SHALL INCLUDE:
(1) THE AMOUNT OF GROSS RECEIPTS DERIVED FROM THE GAME;
(2) EACH ITEM OF EXPENSE INCURRED IN THE CONDUCT OF THE GAME;
(3) EACH ITEM OF EXPENDITURE MADE IN CONNECTION WITH THE
GAME; AND
(4) THE NET PROFIT DERIVED FROM THE CONDUCT OF THE GAME.
REVISOR'S NOTE: This section is new language derived without substantive
change from the first sentence of former Art. 27, § 251A(i) and the first,
third, and fourth sentences of (k).
In subsection (a) of this section, the reference to "gross" receipts is added
for consistency with subsection (b)(1) of this section.
Also in subsection (a) of this section, the reference to other "intervals" is
substituted for the former reference to other "periods" for consistency with
the reference to monthly "intervals" in this subsection.
In the introductory language of subsection (b) of this section, the phrase
"[f]or each game of bingo conducted by the licensee" is added for clarity.
In subsection (b)(2) and (4) of this section, the references to the "conduct" of
the game are substituted for the former references to the "operation" of the
game for consistency within this part.
In subsection (b)(3) of this section, the reference to each item of
expenditure made "in connection with the game" is added for clarity.
In subsection (b)(4) of this section, the reference to net profit "derived"
from the conduct of the game is added for clarity and consistency within
this part.
The first sentence of former Art. 27, § 251A(i) is deleted as redundant of
this section.
Defined term: "Board" § 13-2605
13-2614. DISTRIBUTION AND USE OF PROCEEDS.
(A) PAYMENT TO COUNTY COMMISSIONERS.
(1) EACH LICENSEE SHALL PAY TO THE COUNTY COMMISSIONERS 3% OF
THE GROSS RECEIPTS DERIVED FROM BINGO FOR EACH DAY THAT BINGO IS
CONDUCTED BY THE LICENSEE UNDER THIS PART.
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- 994 -
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