§ 11-213. Annual report

MD Bus Reg Code § 11-213 (2019) (N/A)
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(a)    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)    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.