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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Maryland Code, Business Regulation § 11-614 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-11-614/
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