LD 1985
pg. 23
Page 22 of 29 An Act To Make Revisions to the Maine Revised Statutes Relating to Agricultural... Page 24 of 29
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LR 3053
Item 1

 
live racing in the State on the dates assigned by the commissioner
pursuant to Title 7, section 65 84. Distribution must be in the
proportion that the amount of exotic wagers placed at off-track
betting facilities on simulcast races from each licensee up to the
last day of the preceding month bears to the total amount of exotic
wagers at off-track betting facilities on races simulcast from all
commercial racetracks and agricultural fair associations up to that
date. The last payment of the calendar year must be adjusted to
reflect each licensee's exotic wagers in proportion to the total of
the exotic wagers at off-track betting facilities in that calendar
year.

 
Sec. 9. 8 MRSA §298, sub-§2, as enacted by PL 2003, c. 687, Pt. A, §3
and affected by Pt. B, §11, is amended to read:

 
2. Distribution. On May 30th, September 30th and January
30th of each year, all amounts credited to the fund established
by this section as of the last day of the preceding month and not
distributed before that day must be distributed to each
commercial track, as defined in section 275-A, subsection 1, and
to each agricultural fair association that during the preceding
trimester has conducted live racing with pari-mutuel wagering on
dates assigned by the commissioner pursuant to Title 7, section
65 84, with each commercial track and each agricultural fair
association receiving an amount of money determined by
multiplying the amount of money available for distribution times
a fraction, the numerator of which is the total number of live
race dashes conducted by the commercial track or agricultural
fair association during the preceding time period and the
denominator of which is the total number of race dashes conducted
by all commercial tracks and agricultural fair associations
during that time period. The payment in January must be adjusted
so that for the prior 3 time periods each commercial track or
agricultural fair association entitled to a distribution receives
that fraction of the total money distributed over the full year
from the fund established by this section, the amount determined
by multiplying the total amount of money by a fraction, the
numerator of which is the number of live race dashes conducted by
the commercial track or agricultural fair association during the
calendar year that qualify for a distribution and the denominator
of which is the total number of race dashes conducted during that
calendar year by all such fairs on dates assigned by the
commissioner pursuant to Title 7, section 65 84 and by all
commercial tracks during that calendar year. The funds
distributed pursuant to this section must be used to supplement
harness racing purses.

 
Sec. 10. 8 MRSA §1036, sub-§2, ¶D, as enacted by PL 2003, c. 687, Pt.
A, §5 and affected by Pt. B, §11, is amended to read:


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