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§ 11-213. Annual report

West's Annotated Code of MarylandBusiness RegulationEffective: June 1, 2020

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 11. Horse Racing (Refs & Annos)
Subtitle 2. State Racing Commission (Refs & Annos)
Effective: June 1, 2020
MD Code, Business Regulation, § 11-213
§ 11-213. Annual report
(a) On or before September 15 of each year, the Commission shall submit a report to the Secretary and, in accordance with § 2-1257 of the State Government Article, the Legislative Policy Committee about the preceding calendar year.
(b) Each report shall include:
(1) a statement of receipts and disbursements of the Commission;
(2) a summary of major events that occurred the preceding year that affected horse racing in the State, including any significant changes at tracks in the region as well as a discussion of legislative initiatives in the State;
(3) a 5-year assessment of each track regarding:
(i) attendance;
(ii) purse distributions;
(iii) live racing days that are allocated and used;
(iv) betting on live racing that is held at that track broken down by the following categories:
1. betting conducted at the live track;
2. betting conducted at other Maryland tracks;
3. betting conducted at satellite simulcast facilities in the State; and
4. betting conducted through out-of-state satellite simulcasting;
(v) betting that is conducted at the live track on races simulcast from other tracks in the State; and
(vi) betting that is conducted at the live track on races simulcast from out-of-state tracks;
(4) information on all simulcast betting at satellite simulcast facilities in the State, including information on how much is wagered on in-State races and how much is bet on out-of-state races;
(5) information on all simulcast betting that is conducted out of state on races being run live in this State;
(6) to the extent available, information on the breeding industry in the State, including:
(i) the number of breeders in the State;
(ii) the number of foals registered in the State;
(iii) the average sales prices of foals; and
(iv) any other information pertaining to the regional and national ranking of the State for breeding;
(7) all other information that is currently provided by the Commission in its annual report;
(8) additional information on satellite simulcast facilities, as required under § 11-831 of this title;
(9) a summary of the activities of the Equine Health, Safety, and Welfare Advisory Committee and any recommendations by the Commission for changes to State law necessary for the enhancement of the health, safety, or welfare of horses engaged in racing and training at tracks and training facilities in the State; and
(10) any other information that is useful in explaining the financial viability of horse racing in the State and any recommendations to improve the industry.

Credits

Added by Acts 1992, c. 4, § 2. Amended by Acts 1998, c. 518, § 1, eff. July 1, 1998; Acts 2014, c. 45, § 5; Acts 2020, c. 590, § 1, eff. June 1, 2020.
Formerly Art. 78B, § 4.
MD Code, Business Regulation, § 11-213, MD BUS REG § 11-213
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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