LD 1361
pg. 1
LD 1361 Title Page An Act To Support Harness Horse Racing in Maine, Equine Agriculture in Maine, M... Page 2 of 24
Download Bill Text
LR 995
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 5 MRSA §1591 is enacted to read:

 
§1591.__Working capital advances

 
The State Controller is authorized to advance to the Maine
State Lottery Commission up to $750,000 from the General Fund
unappropriated surplus for any necessary start-up costs
associated with the implementation of a system of video
lottery terminals in the State pursuant to Title 17, chapter
16.__Funds advanced for this purpose must be returned to the
General Fund unappropriated surplus from the first $750,000
received by the State under Title 17, section 383, subsection
1, paragraph A.

 
Sec. 2. 7 MRSA §76 is enacted to read:

 
§76. Agricultural Fair Support Fund

 
1. Fund created. The Treasurer of State shall establish an
account to be known as "the Agricultural Fair Support Fund"
and shall credit to it all the money received under Title 17,
section 383, subsection 1, paragraph D.

 
2. Disbursement; purses at fairs.__As long as those
agricultural fairs that are licensed to and do accept pari-
mutuel wagers on horse races are entitled to distributions
from the fund created by Title 8, section 297, 60% of the
funds received by the Treasurer of State for deposit to the
Agricultural Fair Support Fund must immediately upon receipt
be transferred to the fund created by Title 8, section 297.

 
3.__Disbursement; fair premiums.__No later than January 31st
of each year, all funds held as of the end of the previous
calendar year in the Agricultural Fair Support Fund after all
disbursements authorized under subsection 2 have been made
must be distributed by the Treasurer of State among all
entities licensed as agricultural fairs by the department.__
These funds must be distributed in the same proportion as
funds distributed for premium reimbursement and may be used by
each fair in its discretion.

 
Sec. 3. 8 MRSA §271, sub-§§10 to 12 are enacted to read:

 
10.__Transfer of commercial track license.__Notwithstanding
the provisions of subsection 1 and subject to the approval of
the commission, a license to operate a commercial track and
any dates assigned to that commercial track may be assigned to
any other

 
racetrack as long as the racetrack, following the assignment,


LD 1361 Title Page Top of Page Page 2 of 24