§ 11-616
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/md/business-regulation/11-616A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§11–616.
A licensee whose average handle is $600,000 or less shall:
(1)allocate 0.32% of each mutuel pool to the Commission as State tax;
(2)subject to § 11–618 of this part, allocate 0.25% of each mutuel pool to the Maryland Harness Track Employees Pension Fund;
(3)allocate for purses 0.18% of each mutuel pool, or an amount that is otherwise agreed to by the licensee and the organization representing a majority of the harness owners and trainers in the State, which shall provide revenue in addition to any other funds set aside for purses by private parties;
(4)keep 18.00% of each regular mutuel pool;
(5)keep 20.00% of each multiple mutuel pool on 2 horses; and
(6)keep 26.00% of each multiple mutuel pool on 3 or more horses.