A. Thirty-four percent of these funds must be distributed to all entities licensed by the department, including commercial tracks that during the previous year were licensed to and did accept pari-mutuel wagers on harness horse races and distributed in the manner prescribed in Title 8, section 298; and

B.__Sixty-six percent of these funds must be divided among all entities licensed as agricultural fairs by the department. These funds must be distributed in the same proportion as funds distributed for premium payments made pursuant to section 64 and may be used at the fairs' discretion.

Sec. A-3. 8 MRSA §298 is enacted to read:

§298. Fund to supplement harness racing purses

1. Fund created.__A fund is established to supplement harness racing purses to which the commission shall credit all payments received pursuant to section 1036, subsection 2, paragraph B for distribution in accordance with this section.

2.__Distribution.__On May 30th, September 30th and January 30th of each year, 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 an amount of money determined by multiplying the amount of money available for distribution 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 by a fraction, the