(a) The Commission shall authorize commissions pursuant to subsection (b) of this section on pari-mutuel or totalizator pools to all licensees operating a racing meet pursuant to this chapter. The commission shall be a portion of the total daily contributions to all pari-mutuel or totalizator pools conducted or made at the racing meet and at every race at that meet, plus the odd cents of all redistributions to be made on all pari-mutuel or totalizator pool contributions exceeding the sum equal to the next lowest multiple of 10, such odd cents to be calculated upon the basis of each dollar wagered.
(b) ________________________________ IF TOTAL DAILY CONTRIBUTIONS TO SUCH
| COMMISSION POOLS ARE: | |
| 16 ½% | $1.00 to $400,000 |
| 14 ½% | $400,001 to $600,000 |
| 12 ½% | over $600,000. |