Martin O'Malley, Governor

Ch. 4

(2) THE PROCEEDS FROM VIDEO LOTTERY TERMINALS SHALL BE
UNDER THE CONTROL OF THE COMPTROLLER AND SHALL BE DISTRIBUTED AS
PROVIDED UNDER § 9-1A-27 OF THIS SUBTITLE.

9-1A-27.

(a) on a properly approved transmittal prepared by the
Commission, the Comptroller shall pay the following amounts from
the proceeds of video lottery terminals at each video lottery
facility:

(1)     2% to the State Lottery Agency for costs as defined

IN § 9-1A-01 OF THIS SUBTITLE:

(2)      TO THE VIDEO LOTTERY OPERATION LICENSEE. THE
PERCENTAGE STATED IN THE ACCEPTED BID FOR THE LOCATION. NOT TO
EXCEED 33%:

(3)     5.5% in local impact grants. in accordance with
§ 9-1a-31 of this subtitle:

(4)     7% to the Purse Dedication Account established
under § 9-1a-28 of this subtitle. not to exceed a total of $100,000,000
to the Account annually:

(5)     for the first 8 years of operations at a video lottery
facility. 2.5% to the racetrack facility renewal account
established under § 9-1a-29 of this subtitle. not to exceed a total of
$40,000,000 to the account annually:

(6)     1.5% to the Small. Minority, and Women-Owned
Businesses account established under § 9-1A-35 of this subtitle: and

(7)      THE REMAINDER TO THE EDUCATION TRUST FUND
ESTABLISHED UNDER § 9-1A-30 OF THIS SUBTITLE.

(B) (1) IF THE COSTS OF THE STATE LOTTERY AGENCY ARE LESS
THAN THE PROCEEDS SPECIFIED IN SUBSECTION (A)(1) OF THIS SECTION. ANY
AMOUNT NOT DISTRIBUTED TO THE STATE LOTTERY AGENCY SHALL BE PAID TO

the Education Trust Fund established under § 9-1A-30 of this

SUBTITLE.

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