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.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.