Unannotated Code of Maryland (Last Updated: May 16, 2014) |
BUSINESS REGULATION |
TITLE 11. HORSE RACING |
SUBTITLE 8. PARI-MUTUEL BETTING |
PART III. SATELLITE SIMULCAST BETTING |
§ 11-831. Report to Legislative Policy Committee
Latest version.
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The Commission shall include in its annual report to the Legislative Policy Committee of the Maryland General Assembly:
(1) the effect of satellite simulcast betting on the racing industry in the State;
(2) an appraisal of each permit holder, taking into consideration the results of inspections required under this section and any financial information that is submitted to the Commission;
(3) if any additional permit has been granted under this section:
(i) the reasons for granting the permit; and
(ii) the anticipated impact of the new facility on existing permit holders and racing licensees; and
(4) if an application for a permit or permit renewal has been denied:
(i) the reasons for denying the permit or renewal; and
(ii) the impact on racing licensees if the Commission denied a permit renewal application.