Section 11-632 – Eligibility Requirements — Foaled Stakes Program
(a) A horse shall be registered with the Advisory Committee before the horse may start in a race of the Foaled Stakes Program. (b) A horse may be registered with the Advisory Committee only if the horse was foaled in Maryland as shown by a foal certificate from the United States Trotting Association and: (1) the breeder of […]
Section 11-614 – Average Handle Over $600,000 — General Takeout Allocation
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% […]
Section 11-633 – Eligibility Requirements — Sires Stakes Program
The offspring of a standardbred sire is eligible for the Sires Stakes Program if: (1) the sire is registered with the United States Trotting Association and with the Advisory Committee; (2) the sire was at stud in the State for a full breeding season; and (3) the offspring was conceived during that breeding season.
Section 11-615 – Average Handle Over $600,000 — Allocation of Licensee’s Takeout Share
(a) From a licensee’s share of the takeout on each mutuel pool, the licensee whose average handle is over $600,000 shall allocate equally to the Sires Stakes Program and the Foaled Stakes Program of the Maryland Standardbred Race Fund the following amounts: (1) on the first $125,000 of the average handle: (i) 0.50% of each regular mutuel pool; […]
Section 11-634 – Regulations and Conditions
(a) A Fund Race shall be held in accordance with regulations that the Commission adopts on the recommendation of the Advisory Committee. (b) On recommendation of the Advisory Committee, the Commission shall set: (1) the number of Fund Races; (2) the amount of each purse and bonus; (3) the date of each Fund Race; (4) the distance of each Fund Race; […]
Section 11-616 – Average Handle of $600,000 or Less — General Takeout Allocation
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 […]
Section 11-635 – Purses
(a) A licensee may add to any purse in a Fund Race. (b) A purse, authorized under this part and paid in a Fund Race, is specifically excluded from breeders’ bonuses, purses, or stakes that are paid or offered by licensees in races other than Fund Races, as determined by agreement or formula between a licensee and […]
Section 11-617 – Average Handle of $600,000 or Less — Allocation of Licensee’s Takeout Share
(a) From a licensee’s share of the takeout on each mutuel pool, the licensee whose average handle is $600,000 or less shall allocate 1.75% to increased purses. (b) From the licensee’s share of the takeout on each mutuel pool, a licensee whose average handle is over $150,000 shall allocate equally to the Sires Stakes Program and the […]
Section 11-618 – Pension Fund Exemption for Average Handle of $125,000 or Less
A licensee whose average handle is $125,000 or less is exempt from paying 0.25% of each mutuel pool to the Maryland Harness Track Employees Pension Fund.
Section 11-619 – Driver’s Fee Deducted From Purse
A licensee shall: (1) deduct the fee for a driver from the purse of an owner; and (2) pay the fee to the driver not later than 7 work days after the last day of the month in which the driver earns the fee.