Ch. 216                                   2004 LAWS OF MARYLAND

(2)     Subject to paragraphs (3) and (4) of this subsection, a person subject
to this subsection shall deposit with a financial institution designated by the gaming
commission, to the credit of the fund, the gross profits from each tip jar that the
person operates.

(3)     [The gross profits from a tip jar may not exceed $250.

(4)] To offset the costs of operating a tip jar, a person with a tip jar license
may retain 50% of the gross profits from each tip jar game.

13-2439.

ON OR BEFORE FEBRUARY 1 OF EACH YEAR, THE GAMING COMMISSION SHALL
SUBMIT A REPORT TO THE COMPTROLLER THAT INCLUDES:

(1)      THE TOTAL AMOUNT OF REVENUE RECEIVED BY THE GAMING
COMMISSION FOR THE PREVIOUS CALENDAR YEAR AS A RESULT OF THE OPERATION
OF TIP JARS IN WASHINGTON COUNTY;

(2)      A DETAILED LISTING OF THE TOTAL DISTRIBUTIONS MADE BY THE
GAMING COMMISSION DURING THE PREVIOUS CALENDAR YEAR WITH REGARD TO
REVENUE RECEIVED FROM THE OPERATION OF TIP JARS IN WASHINGTON COUNTY;
AND

(3)      ANY ADDITIONAL INFORMATION THAT THE COMPTROLLER MAY
REQUIRE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall be
construed to apply to and interpreted to affect persons who apply for or hold a tip jar
license or wholesaler's license issued by the Washington County agency that
administers tip jar gaming.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 2004.

Approved April 27, 2004.

CHAPTER 216
(House Bill 1064)

AN ACT concerning

Economic Development - Smart Growth Economic Development
Infrastructure Fund - Maryland Economic Development Assistance

Authority and Fund

FOR the purpose of consolidating the financial assistance available from the former
Smart Growth Economic Development Infrastructure Fund into the Maryland
Economic Development Assistance Authority and Fund in the Department of
Business and Economic Development; establishing eligibility, approval, and

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