Florida Senate - 2014                        COMMITTEE AMENDMENT
       Bill No. SB 742
       
       
       
       
       
       
                                Ì6075545Î607554                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                   Comm: WD            .                                
                  04/09/2014           .                                
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    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 12 and 13
    4  insert:
    5         Section 1. Subsections (7) and (8) are added to section
    6  550.01215, Florida Statutes, to read:
    7         550.01215 License application; periods of operation; bond,
    8  conversion of permit.—
    9         (7) In recognition of the economic importance of the horse
   10  racing industry to this state and its positive impact on
   11  tourism, employment, and economic development, and in order to
   12  maximize tax revenues to the state and fully use existing horse
   13  racing venues, the holder of an active quarter horse permit who
   14  has conducted a full schedule of live quarter horse performances
   15  for at least 2 consecutive state fiscal years may apply to the
   16  division for the issuance of a thoroughbred racing permit for
   17  the conduct of thoroughbred racing at the same facility, and the
   18  permit shall be issued to a qualified applicant notwithstanding
   19  s. 550.054.
   20         (8) A permitholder who holds both a thoroughbred permit and
   21  a quarter horse permit may apply annually under the provisions
   22  of this chapter to operate a race meet under either permit, or
   23  both permits. If such permitholder operates live racing annually
   24  under either horse racing permit, the permitholder does not lose
   25  its right to retain the other permit under this chapter.
   26  
   27  ================= T I T L E  A M E N D M E N T ================
   28  And the title is amended as follows:
   29         Delete line 2
   30  and insert:
   31         An act relating to pari-mutuel wagering; amending s.
   32         550.01215, F.S.; authorizing certain quarter horse
   33         permitholders to apply to the division for the
   34         issuance of a thoroughbred racing permit; authorizing
   35         a permitholder who holds both a thoroughbred permit
   36         and a quarter horse permit to apply to operate a race
   37         meet under both permits or one permit; amending