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09.10.01.64 - Racing Commission - Pending Regulations

 

PROPOSED ACTION ON REGULATIONS
MARYLAND REGISTER, VOLUME 39, ISSUE 14,
FRIDAY, JULY 13, 2012

Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION

Subtitle 10 RACING COMMISSION

09.10.01 Thoroughbred Racing

Authority: Business Regulation Article, §11-210, Annotated Code of Maryland

Notice of Proposed Action
[13-005-P]

The Maryland Racing Commission proposes to amend Regulation .64 under COMAR 09.10.01 Thoroughbred Rules. This action was considered by the Maryland Racing Commission at a public meeting held on October 16, 2012, notice of which was given pursuant to State Government Article, §10-506(c), Annotated Code of Maryland.

Statement of Purpose

The purpose of this action is to increase the losing mount fee for a licensed jockey.

Comparison to Federal Standards

There is no corresponding federal standard to this proposed action.

Estimate of Economic Impact

I. Summary of Economic Impact. The proposed amendment will increase the losing mount fee for a jockey that finishes unplaced in a pari-mutuel race. The average increase is estimated to be $23. The mount fee is paid by the owner of the horse.

 
Revenue (R+/R-)
 
II. Types of Economic
Impact.
Expenditure
(E+/E-)
Magnitude

A. On issuing agency: NONE
 
B. On other State agencies: NONE
 
C. On local governments: NONE
Benefit (+)
Cost (-)
Magnitude

D. On regulated industries or trade groups:
  (1) Jockeys


  (2) Owners


(+)

(-)


Approximately $151,110 per year

Approximately $151,110 per year
E. On other industries or trade groups: NONE
 
F. Direct and indirect effects on public: NONE
 

II. Assumptions. (Identified by Impact Letter and Number from Section II.)

D(1) and (2). It is assumed that the average losing mount fee will increase by $23 for an average of five losing jockeys per race times 9 races per day times 146 days of racing.

Economic Impact on Small Businesses

The proposed action has minimal or no economic impact on small businesses.

Impact on Individuals with Disabilities

The proposed action has no impact on individuals with disabilities.

Opportunity for Public Comment

Comments may be sent to J. Michael Hopkins, Executive Director, Maryland Racing Commission, 300 East Towsontown Boulevard, or call 410-296-9682, or email to mhopkins@dllr.state.md.us, or fax to 410-296-9687. Comments will be accepted through March 1, 2013. A public hearing has not been scheduled.

Open Meeting

Final action on the proposal will be considered by the Maryland Racing Commission during a public meeting to be held on March 19, 2013 at 12:30 p.m., at Laurel Park, Laurel, Maryland.

.64 Jockey Retainer Fees.

When a percentage is shown in the columns, below, this percentage shall be applied to the amount earned by the mount finishing in that position.

 
Purse Win 2nd 3rd Unplaced
[$400 and under [$27 $19 $17 $16
$500 30 20 17 16
$600 36 22 17 16
$700—$900 10% 25 22 20
$1,000—$1,400 10% 30 25 22
$1,500—$1,900 10% 35 30 28
$2,000—$3,400 10% 45 35 33
$3,500—$4,900 10% 55 45 35
$5,000—$9,900 10% 65 50 40]
[$10,000—$14,900]
$0 — $13,900
10% 5% [5%] 75 [45] 75
[$15,000] $14,000 — 
[$24,900] $99,900
10% 5% 5% [50] 75
[$25,000—$49,900 10% 5% 5% 60
$50,000—$99,900 10% 5% 5% 75]
$100,000 and up (text unchanged)
 

J. MICHAEL HOPKINS
Executive Director