A licensee whose average handle is $600,000 or less shall:
(1) allocate 0.32% of each mutuel pool to the Commission as State tax;
(2) subject to § 11–618 of this part, allocate 0.25% of each mutuel pool to the Maryland Harness Track Employees Pension Fund;
(3) allocate for purses 0.18% of each mutuel pool, or an amount that is otherwise agreed to by the licensee and the organization representing a majority of the harness owners and trainers in the State, which shall provide revenue in addition to any other funds set aside for purses by private parties;
(4) keep 18.00% of each regular mutuel pool;
(5) keep 20.00% of each multiple mutuel pool on 2 horses; and
(6) keep 26.00% of each multiple mutuel pool on 3 or more horses.
Structure Maryland Statutes
Part II - Harness Racing Licensees
Section 11-608 - Notice of License and Fees
Section 11-609 - Harness Racing Restrictions
Section 11-611 - Transfer of Race Meetings
Section 11-612 - Hearing for Increased or Transferred Days
Section 11-613 - Takeout and Winnings
Section 11-614 - Average Handle Over $600,000 -- General Takeout Allocation
Section 11-615 - Average Handle Over $600,000 -- Allocation of Licensee's Takeout Share
Section 11-616 - Average Handle of $600,000 or Less -- General Takeout Allocation
Section 11-617 - Average Handle of $600,000 or Less -- Allocation of Licensee's Takeout Share
Section 11-618 - Pension Fund Exemption for Average Handle of $125,000 or Less