| 2.__Distribution.__On May 30th, September 30th and January |
| 30th, 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, |
| that was not licensed to or in fact did not operate video |
| lottery terminals, as defined in Title 17, section 361, |
| subsection 19, during all or any part of the year at a time |
| when some other entity did operate video lottery terminals, |
| with each commercial track receiving that amount of the money |
| available for distribution determined by multiplying that |
| amount times a fraction, the numerator of which is the total |
| number of live race days conducted by the commercial track |
| during the preceding time period and the denominator of which |
| is the total number of race days conducted by all commercial |
| tracks during that time period.__The payment in January must |
| be adjusted so that for the prior 3 time periods each |
| commercial track 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 times a fraction, the numerator of which is |
| the number of live race days conducted by the commercial track |
| during the calendar year and the denominator of which is the |
| total number of race days conducted by all such commercial |
| tracks during that calendar year. |
