EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
[Brackets] indicate matter deleted from existing law.
Underlining indicates amendments to bill.
Strike out indicates matter stricken from the bill by amendment or deleted from the law by
amendment.
*sb0720*
SENATE BILL 720
P3 3lr0101
By: Chair, Budget and Taxation Committee (By Request – Departmental – Labor)
Introduced and read first time: February 6, 2023
Assigned to: Budget and Taxation
Committee Report: Favorable with amendments
Senate action: Adopted
Read second time: March 23, 2023
CHAPTER ______
AN ACT concerning 1
Maryland Horse Racing Act – Sunset Extension of Maryland Horse Racing Act 2
and Establishment of Maryland Thoroughbred Racetrack Operating Authority 3
FOR the purpose of extending the termination date of the Maryland Horse Racing Act; 4
establishing the Maryland Thoroughbred Racetrack Operating Authority; 5
establishing the Maryland Racing Operations Fund as a special, nonlapsing fund; 6
authorizing the Maryland Stadium Authority to transfer money from the Racing and 7
Community Development Facilities Fund to the Maryland Racing Operations Fund; 8
requiring interest earnings of the Maryland Racing Operations Fund to be credited 9
to the Maryland Racing Operations Fund; altering the authorized uses of certain 10
grants and the names of certain grantees; extending the date by which the owner of 11
the Bowie Race Course Training Center property must convey the property to the 12
City of Bowie; altering the amount and distribution of certain funds transferred to 13
the City of Bowie; and generally relating to the Maryland Horse Racing Act and the 14
Maryland Thoroughbred Racetrack Operating Authority. 15
BY repealing and reenacting, without amendments, 16
Article – Business Regulation 17
Section 11–1101 18
Annotated Code of Maryland 19
(2015 Replacement Volume and 2022 Supplement) 20
BY repealing and reenacting, with amendments, 21
Article – Business Regulation 22
Section 11–510, 11–519(d), and 11–1102 23 2 SENATE BILL 720
Annotated Code of Maryland 1
(2015 Replacement Volume and 2022 Supplement) 2
BY repealing and reenacting, without amendments, 3
Article – Economic Development 4
Section 10–657.3(a) 5
Annotated Code of Maryland 6
(2018 Replacement Volume and 2022 Supplement) 7
BY repealing and reenacting, with amendments, 8
Article – Economic Development 9
Section 10–657.3(f)(1) 10
Annotated Code of Maryland 11
(2018 Replacement Volume and 2022 Supplement) 12
BY adding to 13
Article – Economic Development 14
Section 10–1001 through 10–1008 to be under the new subtitle “Subtitle 10. 15
Maryland Thoroughbred Racetrack Operating Authority” 16
Annotated Code of Maryland 17
(2018 Replacement Volume and 2022 Supplement) 18
BY repealing and reenacting, without amendments, 19
Article – State Finance and Procurement 20
Section 6–226(a)(2)(i) 21
Annotated Code of Maryland 22
(2021 Replacement Volume and 2022 Supplement) 23
BY repealing and reenacting, with amendments, 24
Article – State Finance and Procurement 25
Section 6–226(a)(2)(ii)170. and 171. 26
Annotated Code of Maryland 27
(2021 Replacement Volume and 2022 Supplement) 28
BY adding to 29
Article – State Finance and Procurement 30
Section 6–226(a)(2)(ii)172. and 11–203(j) 31
Annotated Code of Maryland 32
(2021 Replacement Volume and 2022 Supplement) 33
BY repealing and reenacting, with amendments, 34
Chapter 590 of the Acts of the General Assembly of 2020 35
Section 8 36
BY repealing and reenacting, with amendments, 37
Chapter 344 of the Acts of the General Assembly of 2022 38
Section 1(3) Item DA03(B) and SA25(B) 39 SENATE BILL 720 3
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 1
That the Laws of Maryland read as follows: 2
Article – Business Regulation 3
11–1101. 4
This title is the Maryland Horse Racing Act. 5
11–1102. 6
Subject to the evaluation and reestablishment provisions of the Maryland Program 7
Evaluation Act, this title and all regulations adopted under this title shall terminate on 8
July 1, [2024] 2034. 9
SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryl and read 10
as follows: 11
Article – Business Regulation 12
11–510. 13
(a) Except as provided in subsection (b) of this section, the Commission may not 14
issue a license, or award racing days, for racing at a mile track. 15
(b) The Commission may issue a license and award racing days only to: 16
(1) the Maryland Jockey Club of Baltimore City, Inc.; [and] 17
(2) the Laurel Racing Assoc., Inc.; AND 18
(3) SUBJECT TO § 10–1003(B) OF THE ECONOMIC DEVELOPMENT 19
ARTICLE, THE MARYLAND THOROUGHBRED RACETRACK OPERATING AUTHORITY. 20
11–519. 21
(d) (1) (i) On or before December 31, [2023] 2024, the owner of the Bowie 22
Race Course Training Center shall convey the Bowie Race Course Training Center property 23
to the City of Bowie “as is”, with all defects that may exist, whether known or unknown, 24
and without any express or implied warranty, guarantee by, or recourse against the 25
conveyor of the property. 26
(ii) Notwithstanding any other provision of law, the conveyor of the 27
Bowie Race Course Training Center property shall be held harmless against any and all 28
claims and risks, now or in the future, arising directly or indirectly from, or in any way 29 4 SENATE BILL 720
related to, the condition of the property or conveyance, with all those claims and risks 1
assumed by the City of Bowie. 2
(2) The portion of the Bowie Race Course Training Center property 3
transferred to the City of Bowie that is within 100 feet of the top of the Patuxent River 4
bank shall be used for passive recreational activities, including hiking, wildlife viewing, 5
picnicking, and walking. 6
(3) The portion of the Bowie Race Course Training Center property 7
transferred to the City of Bowie not described under paragraph (2) of this subsection may: 8
(i) be used only for active recreational activities, including baseball, 9
football, soccer, and cricket; and 10
(ii) have only one structure that is up to 50,000 square feet 11
constructed on the property. 12
(4) On or before January 1, 2021, the City of Bowie shall enter into a joint 13
use agreement, including an easement, with Bowie State University for the future use of 14
the property described under paragraph (3) of this subsection. 15
(5) The City of Bowie and Bowie State University shall report to the 16
General Assembly, in accordance with § 2–1257 of the State Government Article, on the 17
final terms of the joint use agreement entered into under this subsection. 18
Article – Economic Development 19
10–657.3. 20
(a) There is a Racing and Community Development Facilities Fund. 21
(f) (1) Before the issuance of any bonds authorized under this subtitle to 22
finance improvements to a racing facility, the Authority may: 23
(I) pay [for] FROM THE RACING AND COMMUNITY 24
DEVELOPMENT FACILITIES FUND any costs for administration, overhead, and 25
operations of the Authority [or], costs of engineering, architectural, and other design 26
professionals [from the Racing and Community Development Facilities Fund], OR COSTS 27
AUTHORIZED UNDER SUBTITLE 10 OF THIS TITLE; AND 28
(II) TRANSFER MONEY FROM THE RACING AND COMMUNITY 29
DEVELOPMENT FACILITIES FUND TO THE MARYLAND RACING OPERATIONS FUND 30
UNDER § 10–1008 OF THIS TITLE. 31
SUBTITLE 10. MARYLAND THOROUGHBRED RACETRACK OPERATING AUTHORITY. 32
SENATE BILL 720 5
10–1001. 1
IN THIS SUBTITLE , “AUTHORITY” MEANS THE MARYLAND THOROUGHBRED 2
RACETRACK OPERATING AUTHORITY. 3
10–1002. 4
(A) THERE IS A MARYLAND THOROUGHBRED RACETRACK OPERATING 5
AUTHORITY. 6
(B) THE AUTHORITY IS A BODY P OLITIC AND CORPORATE AND IS AN 7
INSTRUMENTALITY OF T HE STATE. 8
(C) THE EXERCISE BY THE AUTHORITY OF A POWER UNDER THIS SUBTITLE 9
IS THE PERFORMANCE OF AN ESSENTIAL GOVE RNMENTAL FUNCTION . 10
10–1003. 11
(A) THE PURPOSE OF THE AUTHORITY IS TO MAINT AIN THE STATE AS A 12
BEST–IN–CLASS THOROUGHBRED H ORSE RACING VENUE . 13
(B) THE AUTHORITY MAY : 14
(1) STUDY AND MAKE ANY R ECOMMENDATIONS THAT THE 15
AUTHORITY FINDS AR E IN THE BEST INTERE STS OF THOROUGHBRED RACING IN THE 16
STATE; 17
(2) IN COORDINATION WITH OTHER STATE ENTITIES, DEVELOP NEW 18
AND EXISTING HORSE R ACING AND TRAINING F ACILITIES IN THE STATE; 19
(3) SUBJECT TO SUBSECTIO N (C) OF THIS SECTION AND IN 20
ACCORDANCE WITH AN E XECUTIVE ORDER OR A DETERMINATION OF THE STATE 21
RACING COMMISSION THAT A THO ROUGHBRED RACING LIC ENSEE UNDER TITLE 11, 22
SUBTITLE 5 OF THE BUSINESS REGULATION ARTICLE, FOR ANY REASON OTHER 23
THAN WEATHER , AN ACT OF GOD, OR OTHER CIRCUMSTANC ES BEYOND THE 24
CONTROL OF THE LICEN SEE, IS UNABLE TO SUPPORT THE MINIMUM NUMBER O F 25
LIVE RACING DAYS : 26
(I) MANAGE AND OVERSEE , IN COMPLIANCE WITH TITLE 11, 27
SUBTITLE 5 OF THE BUSINESS REGULATION ARTICLE: 28
1. DAY–TO–DAY THOROUGHBRED HOR SE RACING 29
OPERATIONS; 30
6 SENATE BILL 720
2. LIVE RACING DAYS ; AND 1
3. ASSETS IN THE STATE; AND 2
(II) IN COORDINATION WITH THE MARYLAND ECONOMIC 3
DEVELOPMENT CORPORATION , ACQUIRE PROPERTY OR CONTRACTUAL INTEREST S 4
CONSISTENT WITH § 11–521 OF THE BUSINESS REGULATION ARTICLE AND THE 5
PROCEDURES SET FORTH IN §§ 8–334 THROUGH 8–339 OF THE TRANSPORTATION 6
ARTICLE; 7
(4) ENTER INTO ANY AGREE MENTS, LEASES, PARTNERSHIPS , OR 8
CONTRACTS NECESSARY TO: 9
(I) SUPPORT AND SUSTAIN MARYLAND THOROUGHBRE D 10
RACING AND PARI –MUTUEL WAGERING ACTI VITY; AND 11
(II) ENSURE COMPLIANCE WI TH STATE RACING COMMISSION 12
RULES AND REGULATION S; 13
(5) AUTHORIZE OR CREATE A SEPARATE BODY , ENTITY, OR HOLDING 14
COMPANY TO CARRY OUT ANY PROVISIONS OF TH IS SUBTITLE; 15
(6) ADOPT REGULATIONS TO CARRY OUT THE PROVIS IONS OF THIS 16
SUBTITLE; AND 17
(7) MAKE ANY OTHER RECOM MENDATIONS THE AUTHORITY DEEMS 18
NECESSARY. 19
(C) BEFORE THE AUTHORITY MAY EXERCIS E THE POWERS AUTHORI ZED 20
UNDER SUBSECTION (B)(3) OF THIS SECTION , THE LEGISLATIVE POLICY 21
COMMITTEE SHALL REVIE W AND COMMENT ON THE EXECUTIVE ORDER OR 22
DETERMINATION OF THE STATE RACING COMMISSION DESCRIBED UNDER 23
SUBSECTION (B)(3) OF THIS SECTION. 24
10–1004. 25
(A) (1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION , THE 26
AUTHORITY CONSISTS OF : 27
(I) THE FOLLOWING MEMBER S APPOINTED BY THE GOVERNOR 28
WITH THE ADVICE AND CONSENT OF THE SENATE: 29
1. ONE MEMBER FROM A LI ST OF TWO INDIVIDUAL S 30
NOMINATED BY THE MARYLAND THOROUGHBRED HORSEMEN’S ASSOCIATION; 31 SENATE BILL 720 7
2. ONE MEMBER FROM A LI ST OF TWO INDIVI DUALS 1
NOMINATED BY THE MARYLAND HORSE BREEDERS ASSOCIATION; AND 2
3. THREE OTHER MEMBERS WHO POSSESS RELEVANT 3
INDUSTRY, BUSINESS, OR GOVERNMENT EXPERI ENCE: 4
A. AT LEAST ONE OF WHOM SHALL HAVE EXPERIENC E IN 5
REAL ESTATE DEVELOPM ENT OR THE FINANCIAL SERVICES INDUSTRIES ; AND 6
B. ONE OF WHOM SHALL SE RVE AS CHAIR; 7
(II) THE CHAIR OR EXECUTIVE DIRECTOR OF THE MARYLAND 8
STADIUM AUTHORITY, OR THE DESIGNEE OF T HE CHAIR OR EXECUTIVE DIRECTOR; 9
(III) THE CHAIR OR EXECUTIVE DIRECTOR OF THE MARYLAND 10
ECONOMIC DEVELOPMENT CORPORATION , OR THE DESIGNEE OF T HE 11
CORPORATION ’S BOARD OF DIRECTORS; 12
(IV) ONE MEMBER WHO IS NO T AN ELECTED OFFICIA L, 13
APPOINTED BY THE PRESIDENT OF THE SENATE; 14
(V) ONE MEMBER WHO IS NO T AN ELECTED OFFICIA L, 15
APPOINTED BY THE SPEAKER OF THE HOUSE; 16
(VI) THE FOLLOWING NONVOT ING, EX OFFICIO MEMBERS , 17
APPOINTED BY THE GOVERNOR: 18
1. ONE MEMBER OF THE CO MMUNITY WHO RESIDES 19
NEAR LAUREL PARK RACE COURSE; 20
2. ONE MEMBER OF THE CO MMUNITY WHO RESIDES 21
NEAR PIMLICO RACE COURSE; AND 22
3. ONE MEMBER OF THE CO MMUNITY WHO RESIDES 23
NEAR THE BOWIE RACE COURSE TRAINING CENTER PROPERTY ; AND 24
(VII) ONE NONVOTING , EX OFFICIO MEMBER OF THE STATE 25
RACING COMMISSION, DESIGNATED BY A MAJO RITY OF THE MEMBERS OF THE 26
STATE RACING COMMISSION. 27
(2) A MAJORITY OF THE MEMB ERS OF THE AUTHORITY MAY NOT 28
HAVE A DIRECT INTERE ST IN THOROUGHBRED H ORSE RACING AS AN OW NER, 29
TRAINER, OR LICENSEE. 30 8 SENATE BILL 720
(B) (1) THE TERM OF A MEMBER IS 4 YEARS. 1
(2) AT THE END OF A TERM , A MEMBER CONTINUES T O SERVE UNTIL 2
A SUCCESSOR IS APPOINTED AND QUA LIFIES. 3
(3) THE TERMS OF THE INIT IAL FIVE MEMBERS APP OINTED BY THE 4
GOVERNOR SHALL BE STA GGERED. 5
(C) (1) FIVE MEMBERS OF THE AUTHORITY ARE A QUORU M. 6
(2) ACTION BY THE AUTHORITY REQUIRES TH E AFFIRMATIVE VOTE 7
OF AT LEAST FIVE MEM BERS OF THE AUTHORITY. 8
(D) A MEMBER OF THE AUTHORITY: 9
(1) MAY NOT RECEIVE COMP ENSATION AS A MEMBER OF THE 10
AUTHORITY; AND 11
(2) IS ENTITLED TO REIMB URSEMENT FOR EXPENSE S UNDER THE 12
STANDARD STATE TRAVEL REGULATIONS, AS PROVIDED IN THE STATE BUDGET . 13
10–1005. 14
(A) THE AUTHORITY MAY HIRE AN EXECUTIVE DIRECTOR WHO SERVES A S 15
THE CHIEF EXECUTIVE OFFICER OF THE AUTHORITY. 16
(B) THE EXECUTIVE DIRECTOR SHALL : 17
(1) DIRECT AND SUPERVISE THE ADMINISTRATIVE A CTIVITIES OF 18
THE AUTHORITY, IN ACCORDANCE WITH I TS REGULATIONS AND POLI CIES; 19
(2) ATTEND ALL MEETINGS OF THE AUTHORITY; 20
(3) KEEP MINUTES OF ALL PROCEEDINGS OF THE AUTHORITY; 21
(4) APPROVE ALL ACCOUNTS FOR SALARIES, PER DIEM PAYMENTS , 22
AND ALL ALLOWABLE EX PENSES OF THE AUTHORITY, ITS EMPLOYEES , AND ITS 23
CONSULTANTS ; 24
(5) APPROVE ALL EXPENSES INCIDENTAL TO THE OP ERATION OF THE 25
AUTHORITY; 26
(6) REPORT AND MAKE RECO MMENDATIONS TO THE AUTHORITY ON 27
THE MERITS AND STATU S OF ANY PROPOSED FA CILITY; AND 28 SENATE BILL 720 9
(7) PERFORM THE OTHER DU TIES THAT THE AUTHORITY REQUIR ES 1
TO CARRY OUT THIS SU BTITLE. 2
(C) THE EXECUTIVE DIRECTOR SHALL SERVE AT THE PLEASURE OF T HE 3
AUTHORITY. 4
(D) (1) THE AUTHORITY MAY EMPLOY OR RETAIN STAFF AS D EEMED 5
NECESSARY OR ADVISAB LE, INCLUDING CONSULTANT S, ENGINEERS, ARCHITECTS, 6
ACCOUNTANTS , FINANCIAL EXPERTS, CONSTRUCTION EXPERTS AND PERSONNEL , 7
SUPERINTENDENTS , MANAGERS, AND OTHER PROFESSION AL PERSONNEL . 8
(2) SUBJECT TO THE APPROV AL OF THE AUTHORITY AND PURSUAN T 9
TO ITS APPROVED BUDG ET, THE EXECUTIVE DIRECTOR SHALL DETERM INE THE 10
COMPENSATION OF AL L STAFF THAT THE AUTHORITY EMPLOYS OR RETAINS. 11
(E) (1) THE ATTORNEY GENERAL IS THE LEGAL ADVISOR TO THE 12
AUTHORITY. 13
(2) WITH THE APPROVAL OF THE ATTORNEY GENERAL, THE 14
AUTHORITY MAY RETAIN ANY ADDITIONAL LEGAL COUNSEL AS NECESSARY . 15
(F) (1) WITH RESPECT TO ANY AGREE MENTS ENTERED INTO B Y THE 16
AUTHORITY UNDER THIS SUBTITLE AND EXCEPT AS PROVIDED UNDER PA RAGRAPH 17
(2) OF THIS SUBSECTION , THE AUTHORITY IS EXEMPT F ROM DIVISION II OF THE 18
STATE FINANCE AND PROCUREMENT ARTICLE. 19
(2) THE AUTHORITY IS SUBJEC T TO TITLE 12, SUBTITLE 4 AND TITLE 20
14, SUBTITLE 3 OF THE STATE FINANCE AND PROCUREMENT ARTICLE. 21
10–1006. 22
THE AUTHORITY MAY : 23
(1) ADOPT BYLAWS FOR THE CONDUCT OF ITS BUSIN ESS; 24
(2) ADOPT A SEAL; 25
(3) MAINTAIN OFFICES AT A PLACE IT DESIGNATE S IN THE STATE; 26
(4) ACCEPT LOANS , GRANTS, OR ASSISTANCE OF ANY KIND FROM THE 27
FEDERAL OR STATE GOVERNMENT , A LOCAL GOVERNMENT , A COLLEGE OR 28
UNIVERSITY, OR A PRIVATE SOURCE ; 29
10 SENATE BILL 720
(5) ENTER INTO CONTRACTS AND OTHER LEGAL INST RUMENTS; 1
(6) RETAIN, EMPLOY, OR HIRE AN INDEPENDENT FIRM FOR THE 2
PURPOSE OF OPERATING AND MANAGING LIVE HO RSE RACING IN THE STATE; 3
(7) SUE OR BE SUED; 4
(8) ACQUIRE, PURCHASE, HOLD, LEASE AS LESSEE , AND USE: 5
(I) A FRANCHISE, PATENT, OR LICENSE; 6
(II) STOCK OR OTHER FORMS OF OWNERSHIP INTERESTS IN 7
CORPORATIONS , LIMITED LIABILITY CO MPANIES, PARTNERSHIPS , OR OTHER 8
ENTITIES, WHETHER OPERATED FOR PROFIT OR NOT FOR PR OFIT; 9
(III) ANY REAL, PERSONAL, MIXED, TANGIBLE, OR INTANGIBLE 10
PROPERTY; OR 11
(IV) AN INTEREST IN A PRO PERTY LISTED UNDER THIS IT EM; 12
(9) SELL, LEASE AS LESSOR , TRANSFER, LICENSE, ASSIGN, OR 13
DISPOSE OF PROPERTY OR A PROPERTY INTERE ST THAT IT ACQUIRES ; 14
(10) FIX AND COLLECT RATE S, RENTALS, FEES, ROYALTIES, AND 15
CHARGES FOR SERVICES AND RESOURCES IT PRO VIDES OR MAKES AVAILABLE ; 16
(11) CREATE, OWN, CONTROL, OR BE A MEMBER OF A CORPORATION , 17
LIMITED LIABILITY CO MPANY, PARTNERSHIP , OR OTHER ENTITY , WHETHER 18
OPERATED FOR PROFIT OR NOT FOR PROFIT ; 19
(12) EXERCISE POWER USUAL LY POSSESSED BY A PR IVATE 20
CORPORATION IN PER FORMING SIMILAR FUNC TIONS UNLESS TO DO S O WOULD 21
CONFLICT WITH STATE LAW; 22
(13) ASSIST WITH THE ADVE RTISING AND PROMOTIO N OF HORSE 23
RACING INTERESTS ; AND 24
(14) DO ALL THINGS NECESS ARY OR CONVENIENT TO CARRY OUT THE 25
POWERS GRANTED BY TH IS SUBTITLE. 26
10–1007. 27
THE AUTHORITY IS EXEMPT F ROM STATE AND LOCAL TAXES . 28
10–1008. 29 SENATE BILL 720 11
(A) IN THIS SECTION , “FUND” MEANS THE MARYLAND RACING 1
OPERATIONS FUND. 2
(B) THERE IS A MARYLAND RACING OPERATIONS FUND. 3
(C) THE PURPOSE OF THE FUND IS TO ASSIST THE AUTHORITY IN 4
FINANCING THE ACQUIS ITION, CONSTRUCTION , REHABILITATION , OR OTHER 5
CAPITAL EXPENSES OR OPERATING EXPENSES F OR THOROUGHBRED RACE TRACKS 6
IN THE STATE. 7
(D) THE AUTHORITY SHALL ADMIN ISTER THE FUND. 8
(E) (1) THE FUND IS A SPECIAL , NONLAPSING FUND THAT IS NOT 9
SUBJECT TO § 7–302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE. 10
(2) THE STATE TREASURER SHALL HOLD THE FUND SEPARATELY , 11
AND THE COMPTROLLER SHALL ACC OUNT FOR THE FUND. 12
(F) THE FUND CONSISTS OF : 13
(1) MONEY DISTRIBUTED TO THE FUND FROM THE RACING AND 14
COMMUNITY DEVELOPMENT FINANCING FUND ESTABLISHED UNDE R § 10–657.3 OF 15
THIS TITLE; 16
(2) MONEY APPROPRIATED I N THE STATE BUDGET TO THE FUND; 17
(3) INTEREST EARNINGS OF THE FUND; AND 18
(4) ANY OTHER MONEY FROM ANY OTHER SOURCE ACC EPTED FOR 19
THE BENEFIT OF THE FUND. 20
(G) (1) THE STATE TREASURER SHALL INVES T THE MONEY OF THE FUND 21
IN THE SAME MANNER A S OTHER STATE MONEY MAY BE IN VESTED. 22
(2) ANY INTEREST EARNINGS OF THE FUND SHALL BE CREDITE D TO 23
THE FUND. 24
(H) EXPENDITURES FROM THE FUND MAY BE MADE ONLY IN ACCORDANCE 25
WITH THE STATE BUDGET . 26
Article – State Finance and Procurement 27
6–226. 28
12 SENATE BILL 720
(a) (2) (i) Notwithstanding any other provision of law, and unless 1
inconsistent with a federal law, grant agreement, or other federal requirement or with the 2
terms of a gift or settlement agreement, net interest on all State money allocated by the 3
State Treasurer under this section to special funds or accounts, and otherwise entitled to 4
receive interest earnings, as accounted for by the Comptroller, shall accrue to the General 5
Fund of the State. 6
(ii) The provisions of subparagraph (i) of this paragraph do not apply 7
to the following funds: 8
170. the Cannabis Public Health Fund; [and] 9
171. the Community Reinvestment and Repair Fund; AND 10
172. THE MARYLAND RACING OPERATIONS FUND. 11
11–203. 12
(J) EXCEPT AS PROVIDED IN TITLE 12, SUBTITLE 4 AND TITLE 14, 13
SUBTITLE 3 OF THIS ARTICLE , THIS DIVISION II DOES NOT APPLY TO TH E 14
MARYLAND THOROUGHBRED RACETRACK OPERATING AUTHORITY. 15
SECTION 3. AND BE IT FURTHER ENACTED, Th at the Laws of Maryland read 16
as follows: 17
Chapter 590 of the Acts of 2020 18
SECTION 8. AND BE IT FURTHER ENACTED, That, in addition to the funds 19
otherwise available for racing and community development project costs under this Act and 20
notwithstanding the limitations under § 10–657.3 of the Economic Development Article, as 21
enacted by Section 1 of this Act, [at least $1,000,000 but not exceeding] $1,500,000 of the 22
funds transferred to the Racing and Community Development Facilities Fund established 23
under § 10–657.3 of the Economic Development Article in accordance with § 9–1A–29(d)(2) 24
of the State Government Article, as enacted by Section 1 of this Act, shall be transferred to 25
the City of Bowie, PROVIDED THAT A JOIN T USE AGREEMENT HAS BEEN EXECUTED 26
BETWEEN THE CITY OF BOWIE AND BOWIE STATE UNIVERSITY IN ACCORDA NCE 27
WITH § 11–519 OF THE BUSINESS REGULATION ARTICLE, AS ENACTED BY SECTION 28
1 OF THIS ACT, AND SHALL BE DISTRIB UTED AS FOLLOWS : 29
(1) NOT MORE THAN $100,000 FOR ENGINEERING DESI GN AND 30
ENVIRONMENTAL ANALYS IS PRIOR TO THE ACQU ISITION OF THE BOWIE RACE 31
COURSE TRAINING CENTER PROPER TY; AND 32
(2) THE REMAINDER for remediation costs of the Bowie Race Course 33
Training Center property[, provided that a joint use agreement has been executed between 34 SENATE BILL 720 13
the City of Bowie and Bowie State University in accordance with § 11–519 of the Business 1
Regulation Article, as enacted by Section 1 of this Act]. 2
Chapter 344 of the Acts of 2022 3
Section 1(3) 4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
SECTION 4. AND BE IT FURTHER ENACTED, That, on or before December 1, 22
2023, the Maryland Thoroughbred Racetrack Operating Authority established under § 23
10–1002 of the Economic Development Article, as enacted by Section 2 of this Act, shall 24
report to the Senate Budget and Taxation Committee, the House Appropriations 25
Committee, and the House Ways and Means Committee, in accordance with § 2–1257 of 26
the State Government Article, on: 27
(1) the feasibility of establishing at least two alternative thoroughbred 28
training facilities in the State; 29
(2) a review of best practices for thoroughbred racing industry operating 30
models and recommendations for operating models in the State; and 31
(3) the progress of the Pimlico and Laurel Park racing facility 32
redevelopment plans under Chapter 590 of the Acts of the General Assembly of 2020. 33
SECTION 2. 5. AND BE IT FURTHER ENACTED, That Section 1 of this Act shall 34
take effect October 1, 2023. 35
DA03 MARYLAND STADIUM AUTHORITY
(B) [Pimlico Race Course Demolition. Provide funds for the
demolition of existing structures at the Pimlico Race Course
(Baltimore City)] MARYLAND RACING OPERATIONS FUND.
PROVIDE FUNDS FOR THE ACQUISITION, CONSTRUCTION ,
REHABILITATION , OR OTHER CAPITAL EXP ENDITURES
FOR THOROUGHBRED RAC ETRACKS (STATEWIDE) .............
5,000,000
SA25 DIVISION OF DEVELOPMENT FINANCE
(Statewide)
(B) [Laurel Park – Backstretch Housing. Provide funds for the
acquisition, planning, design, construction, repair, renovation,
reconstruction, site improvement, and capital equipping of
backstretch housing facilities at Laurel Park (Anne Arundel
County)] MARYLAND RACING OPERATIONS FUND.
PROVIDE FUNDS FOR THE ACQUISITION, CONSTRUCTION ,
REHABILITATION , OR OTHER CAPITAL EXP ENDITURES
FOR THOROUGHBRED RAC ETRACKS …………………………...
10,000,000 14 SENATE BILL 720
SECTION 6. AND BE IT FURTHER ENACTED, That, except as provided in Section 1
5 of this Act, this Act shall take effect June 1, 2023. Section 2 of this Act shall remain 2
effective for a period of 4 years and 1 month and, at the end of June 30, 2027, Section 2 of 3
this Act, with no further action required by the General Assembly, shall be abrogated and 4
of no further force and effect. 5
Approved:
________________________________________________________________________________
Governor.
________________________________________________________________________________
President of the Senate.
________________________________________________________________________________
Speaker of the House of Delegates.