<?xml version='1.0' encoding='utf-8'?>
<section article="gbr" article_name="Business Regulation" number="11-515" title_number="11" title_name="Horse Racing" subtitle_number="5" subtitle_name="Thoroughbred Racing">
  <level label="a">
    <text>Except as provided in § 11-516 of this subtitle, the takeout that a licensee deducts from the handle of a race shall be allocated in accordance with this section.</text>
  </level>
  <level label="b">
    <text>A licensee shall:</text>
    <level label="1">
      <text>keep 50% of the breakage;</text>
    </level>
    <level label="2">
      <text>allocate 45% of the breakage for purses; and</text>
    </level>
    <level label="3">
      <text>allocate 5% of the breakage to the Maryland-Bred Race Fund.</text>
    </level>
  </level>
  <level label="c">
    <text>From the amount that a licensee deducts from each regular mutuel pool, the licensee shall:</text>
    <level label="1">
      <text>keep 7.70% of each regular mutuel pool, from which the licensee shall pay 0.25% of each regular mutuel pool to the Maryland Race Track Employees Pension Fund;</text>
    </level>
    <level label="2">
      <text>allocate 0.32% of each regular mutuel pool to the Commission for State tax;</text>
    </level>
    <level label="3">
      <text>allocate 1.10% of each regular mutuel pool to the Maryland-Bred Race Fund;</text>
    </level>
    <level label="4">
      <text>allocate 7.70% of each regular mutuel pool for purses;</text>
    </level>
    <level label="5">
      <text>allocate 0.18% of each regular mutuel pool as an additional amount for purses; and</text>
    </level>
    <level label="6">
      <text>allocate 1% of each regular mutuel pool paid to the Maryland Million, Ltd., for purses of Maryland Million races.</text>
    </level>
  </level>
  <level label="d">
    <text>From the amount that a licensee deducts from each multiple mutuel pool on 2 horses, the licensee shall:</text>
    <level label="1">
      <text>keep 8.70% of each multiple mutuel pool, from which the licensee shall pay 0.25% of each multiple mutuel pool to the Maryland Race Track Employees Pension Fund;</text>
    </level>
    <level label="2">
      <text>allocate 0.32% of each multiple mutuel pool to the Commission for State tax;</text>
    </level>
    <level label="3">
      <text>allocate 1.10% of each multiple mutuel pool to the Maryland-Bred Race Fund;</text>
    </level>
    <level label="4">
      <text>allocate 8.70% of each multiple mutuel pool for purses;</text>
    </level>
    <level label="5">
      <text>allocate 0.18% of each multiple mutuel pool as an additional amount for purses; and</text>
    </level>
    <level label="6">
      <text>allocate 2% of each multiple mutuel pool paid to the Maryland Million, Ltd., for purses of Maryland Million races.</text>
    </level>
  </level>
  <level label="e">
    <text>From the amount that a licensee deducts from each multiple mutuel pool on 3 or more horses, the licensee shall:</text>
    <level label="1">
      <text>keep 11.70% of each multiple mutuel pool, from which the licensee shall pay 0.25% of each multiple mutuel pool to the Maryland Race Track Employees Pension Fund;</text>
    </level>
    <level label="2">
      <text>allocate 0.32% of each multiple mutuel pool to the Commission for State tax;</text>
    </level>
    <level label="3">
      <text>allocate 1.10% of each multiple mutuel pool to the Maryland-Bred Race Fund;</text>
    </level>
    <level label="4">
      <text>allocate 11.70% of each multiple mutuel pool for purses;</text>
    </level>
    <level label="5">
      <text>allocate 0.18% of each multiple mutuel pool as an additional amount for purses; and</text>
    </level>
    <level label="6">
      <text>allocate 0.75% of each multiple mutuel pool paid to the Maryland Million, Ltd., for purses of Maryland Million races.</text>
    </level>
  </level>
</section>
