Martin O'Malley, Governor

Ch. 4

(f)      (1) of the amount provided from the racetrack facility
Renewal Account under subsection (d)(1) of this section, $1,000,000
shall be provided annually for 5 years to the racecourse at
timonium for racetrack facility capital construction and
improvements.

(2) a matching fund is not required for the amount
provided for the racecourse at timonium under paragraph (1) of this
subsection.

(g)     of the amount provided from the racetrack facility
Renewal Account under subsection (d)(1) of this section, the State
Racing Commission may provide direct grant funding for the
establishment of a horse racing museum as part of the Pimlico Race
Course.

(h) After a grant has been provided under this section, the
State Racing Commission shall:

(1)     in consultation with the Department of General
Services, monitor the implementation of the approved capital
construction plan: and

(2)     make provisions for recapture of grant moneys if the
capital construction plan is not implemented within the time frame
approved by the state racing commission.

(I) Any unencumbered funds remaining in the Racetrack
Facility Renewal Account on July 1, 2018, shall be paid to the
Education Trust Fund established under § 9-1A-30 of this subtitle.

(j) The State Racing Commission shall adopt regulations to
implement the provisions of this subsection. including regulations
to address minimum criteria for the types of improvements to be
made by the holder of a license.

(k) the provisions of this section may not be construed to
apply to the racecourse in allegany county.

9-1A-30.

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