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Statutes Text

Article - Business Regulation




§11–614.

    A licensee whose average handle is over $600,000 shall:

        (1)    allocate 0.50% of each mutuel pool to the Commission as State tax;

        (2)    allocate 0.25% of each mutuel pool to the Maryland Harness Track Employees Pension Fund;

        (3)    keep 16.25% of each regular mutuel pool;

        (4)    keep 18.25% of each multiple mutuel pool on 2 horses; and

        (5)    keep 24.25% of each multiple mutuel pool on 3 or more horses.



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