Home Table of Contents

§ 10-1004. Membership

West's Annotated Code of MarylandEconomic DevelopmentEffective: April 25, 2024

West's Annotated Code of Maryland
Economic Development (Refs & Annos)
Division II. Independent and Regional Development Units and Resources [Titles 9-End] (Refs & Annos)
Title 10. Statewide Development Resources and Revenue Authorities (Refs & Annos)
Subtitle 10. Maryland Thoroughbred Racetrack Operating Authority (Refs & Annos)
Effective: April 25, 2024
MD Code, Economic Development, § 10-1004
§ 10-1004. Membership
Currentness
In general
(a)(1) Subject to paragraph (2) of this subsection, the Authority consists of:
(i) the following members appointed by the Governor with the advice and consent of the Senate:
1. one member from a list of two individuals nominated by the Maryland Thoroughbred Horsemen's Association;
2. one member from a list of two individuals nominated by the Maryland Horse Breeders Association; and
3. three other members who possess relevant industry, business, or government experience:
A. at least one of whom shall have experience in real estate development or the financial services industries; and
B. one of whom shall serve as Chair;
(ii) the Chair or Executive Director of the Maryland Stadium Authority, or the designee of the Chair or Executive Director;
(iii) the Chair or Executive Director of the Maryland Economic Development Corporation, or the designee of the Corporation's Board of Directors;
(iv) one member who is not an elected official, appointed by the President of the Senate;
(v) one member who is not an elected official, appointed by the Speaker of the House;
(vi) the following nonvoting, ex officio members, appointed by the Governor:
1. one member of the community who resides near Laurel Park Race Course;
2. one member of the community who resides near Pimlico Race Course; and
3. one member of the community who resides near the Bowie Race Course Training Center property; and
(vii) one nonvoting, ex officio member of the State Racing Commission, designated by a majority of the members of the State Racing Commission.
(2) A majority of the members of the Authority may not have a direct interest in thoroughbred horse racing as an owner, trainer, or licensee.
Terms
(b)(1) The term of a member is 4 years.
(2) At the end of a term, a member continues to serve until a successor is appointed and qualifies.
(3) The terms of the initial five members appointed by the Governor shall be staggered.
Quorum
(c)(1) Five members of the Authority are a quorum.
(2) Action by the Authority requires the affirmative vote of at least five members of the Authority.
Compensation
(d) A member of the Authority:
(1) may not receive compensation as a member of the Authority; but
(2) is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.

Credits

Added by Acts 2023, c. 111, § 2, eff. June 1, 2023. Amended by Acts 2024, c. 382, § 1, eff. April 25, 2024.
MD Code, Economic Development, § 10-1004, MD ECON DEV § 10-1004
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.
End of Document