LD 1361
pg. 4
Page 3 of 24 An Act To Support Harness Horse Racing in Maine, Equine Agriculture in Maine, M... Page 5 of 24
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LR 995
Item 1

 
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,
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, with each commercial track and each
agricultural fair association 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 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 times 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
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. 6. 17 MRSA §348 is enacted to read:

 
§348.__Video lottery terminals exempted

 
Except as expressly provided in chapter 16, this chapter
does not apply to video lottery terminals as defined in
section 361.

 
Sec. 7. 17 MRSA c. 16 is enacted to read:

 
CHAPTER 16

 
VIDEO LOTTERY TERMINALS

 
SUBCHAPTER 1

 
GENERAL PROVISIONS

 
§361.__Definitions


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