Section 11-213 - Annual report. - Maryland Statutes

§ 11-213. Annual report.
 

(a)  Required.- On or before September 15 of each year, the Commission shall submit a report to the Secretary and the Legislative Policy Committee about the preceding calendar year. 

(b)  Contents.- 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; and 

(9) any other information that is useful in explaining the financial viability of horse racing in the State and any recommendations to improve the industry. 
 

[An. Code 1957, art. 78B, § 4; 1992, ch. 4, § 2; 1998, ch. 518; 2004, ch. 25, § 6.]