Md. Code, Bus. Reg. § 11-614

Maryland · Maryland Code, Business Regulation · Status: effective

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Citation: Md. Code, Bus. Reg. § 11-614, Maryland, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1756576
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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.