Maryland HB1581 alters the management and financial operations of horse racing facilities in Prince George's County.
Maryland HB1581 modifies the management and financial operations of horse racing facilities in Prince George's County. The bill transfers responsibilities from the Maryland Thoroughbred Racetrack Operating Authority to the Maryland Stadium Authority, including the operation of racing and community development projects. It mandates that the thoroughbred racetrack operator, which can be replaced by the Maryland Stadium Authority, prepare financial statements and submit them to the Maryland Stadium Authority.
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