2013 Maryland Code
BUSINESS REGULATION
§ 11-404 - Use -- Grants in half-yearly installments

§11-404.

(a) (1) To help pay for facilities and services in communities within 2 miles of the Pimlico Race Course or 3 miles of the Laurel Race Course, the Comptroller shall pay money to Baltimore City, the City of Laurel, and Anne Arundel and Howard counties in accordance with this section.

(2) The money shall be paid from the Special Fund in half-yearly installments.

(b) In any year, payments required under this section may not be less than the total allocated for 140 days of live racing at each track.

(c) (1) If 140 or more days of live racing in a year are held at Pimlico Race Course, the Comptroller shall pay to Baltimore City:

(i) $2,800 for each day of live racing; and

(ii) $1,400 for each additional day of intertrack betting without live racing held.

(2) If fewer than 140 days of live racing in a year are held at Pimlico Race Course, the Comptroller shall pay to Baltimore City:

(i) $2,800 for each day of live racing or intertrack betting without live racing held, up to a maximum payment for 140 days; and

(ii) $1,400 for each additional day of intertrack betting without live racing held.

(d) (1) If 140 or more days of live racing in a year are held at Laurel Race Course, the Comptroller shall pay:

(i) for each day of live racing, $2,000 to Anne Arundel County, $500 to Howard County, and $300 to the City of Laurel; and

(ii) for each additional day of intertrack betting without live racing held, $1,000 to Anne Arundel County, $250 to Howard County, and $150 to the City of Laurel.

(2) If fewer than 140 days of live racing in a year are held at Laurel Race Course, the Comptroller shall pay:

(i) for each day of live racing or each day of intertrack betting without live racing held, up to a maximum payment for 140 days, $2,000 to Anne Arundel County, $500 to Howard County, and $300 to the City of Laurel; and

(ii) for each additional day of intertrack betting without live racing held, $1,000 to Anne Arundel County, $250 to Howard County, and $150 to the City of Laurel.

§ 11-404 - 1. Allocations from Special Fund.

(a) Revenues insufficient to fund grants. -- If in any fiscal year revenues to the Special Fund established under § 11-402 of this subtitle are insufficient to fully fund all grants required under §§ 11-403 and 11-404 of this subtitle, the Comptroller shall proportionally reduce the amount of payments required under §§ 11-403(a)(2) and (4), 11-403(b)(2), and 11-404 of this subtitle.

(b) Revenues sufficient to fund grants. -- If in any fiscal year revenues to the Special Fund established under § 11-402 of this subtitle are sufficient to fully fund all grants required under §§ 11-403 and 11-404 of this subtitle, after all required deductions from the Special Fund are made, the Comptroller shall pay from the Special Fund an annual grant of:

(1) $ 300,000 to be allocated in the following way:

(i) 70% to the Maryland-Bred Race Fund; and

(ii) 30% to the Maryland Standardbred Race Fund, to be divided equally between the Sire Stakes Program and the Foaled Stakes Program; and

(2) $ 260,000 to the Maryland Agricultural Education and Rural Development Assistance Fund established under § 2-206 of the State Finance and Procurement Article, with $ 130,000 to be allocated to support the operations of the Rural Maryland Council.