CODING: Words stricken are deletions; words underlined are additions.





                                                  SENATE AMENDMENT

    Bill No. HB 1747, 2nd Eng.

    Amendment No. 1

                            CHAMBER ACTION
              Senate                               House
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11  The Committee on Ways and Means recommended the following

12  substitute for amendment (871296):

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14         Senate Amendment (with title amendment) 

15         On page 3, line 23, through page 5, line 4, delete

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17  and insert:

18         Section 3.  Subsection (2) of section 550.09514,

19  Florida Statutes, is amended to read:

20         550.09514  Greyhound dogracing taxes; purse

21  requirements.--

22         (2)(a)  The division shall determine for each greyhound

23  permitholder the annual purse percentage rate of live handle

24  for the state fiscal year 1993-1994 by dividing total purses

25  paid on live handle by the permitholder, exclusive of payments

26  made from outside sources, during the 1993-1994 state fiscal

27  year by the permitholder's live handle for the 1993-1994 state

28  fiscal year. Each permitholder shall pay as purses for live

29  races conducted during its current race meet a percentage of

30  its live handle not less than the percentage determined under

31  this paragraph, exclusive of payments made by outside sources,

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                                                  SENATE AMENDMENT

    Bill No. HB 1747, 2nd Eng.

    Amendment No. 1





 1  for its 1993-1994 state fiscal year.

 2         (b)1.  Except as otherwise provided herein, in addition

 3  to the minimum purse percentage required by paragraph (a),

 4  each permitholder shall pay as purses, for fiscal year

 5  1996-1997, an amount equal to 75 percent of the permitholder's

 6  tax credit pursuant to s. 550.0951(1).

 7         2.  Except as otherwise set forth herein, in addition

 8  to the minimum purse percentage required by paragraph (a),

 9  beginning July 1, 1997, each permitholder shall pay as purses

10  an amount equal to 75 percent of the daily license fees paid

11  by each permitholder for the 1994-1995 fiscal year. This purse

12  supplement shall be disbursed weekly during the permitholder's

13  race meet and determined by dividing the purse supplement by

14  the number of performances approved for the permitholder

15  pursuant to its annual license and multiplied by the number of

16  performances conducted each week. For the greyhound

17  permitholders in the county where there are two greyhound

18  permitholders located as specified in s. 550.615(6), such

19  permitholders shall pay in the aggregate an amount equal to 75

20  percent of the daily license fees paid by such permitholders

21  for the 1994-1995 fiscal year.  These permitholders shall be

22  jointly and severally liable for such purse payments.

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24  The additional purses provided by this paragraph must be used

25  exclusively for purses other than stakes.  The division shall

26  conduct audits necessary to ensure compliance with this

27  section.

28         (c)1.  The division shall require sufficient

29  documentation from each greyhound permitholder regarding

30  purses paid on live racing and greyhound intertrack and

31  simulcast broadcasts to assure that the annual purse

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                                                  SENATE AMENDMENT

    Bill No. HB 1747, 2nd Eng.

    Amendment No. 1





 1  percentage rates paid by each permitholder on the intertrack

 2  or simulcast broadcasts are not reduced below those paid

 3  during the 1993-1994 state fiscal year. In addition, Each

 4  greyhound permitholder when conducting at least three live

 5  performances during any week live races shall pay purses in

 6  that week on wagers it accepts as a guest track on intertrack

 7  and simulcast greyhound races at the same rate as it pays on

 8  live races. Each greyhound permitholder when conducting at

 9  least three live performances during any week acting as a host

10  track shall pay purses in that week, at the same rate as it

11  pays on live races, on wagers accepted on greyhound such races

12  at a guest track which is not conducting live racing and is

13  located within the same market area as the greyhound

14  permitholder conducting at least three live performances

15  during any week host.

16         2.  For the purposes of this subparagraph, the term

17  "net proceeds" means the amount of contractual fee received by

18  the host for its services excluding the payment of pari-mutuel

19  taxes and the transmission cost of sending the broadcasts. One

20  quarter of the net proceeds received by a greyhound host track

21  on greyhound simulcast races shall be paid as purses at the

22  host track. Whenever net proceeds are retained by a greyhound

23  host track on greyhound intertrack broadcasts sent outside of

24  its market area, the host track shall pay purses at the host

25  track in an amount not less than .75 percent of the handle on

26  such greyhound races at the guest facility.

27         (d) The division shall require sufficient documentation

28  from each greyhound permitholder regarding purses paid on live

29  racing to assure that the annual purse percentage rates paid

30  by each permitholder on the live races are not reduced below

31  those paid during the 1993-94 state fiscal year. The division

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                                                  SENATE AMENDMENT

    Bill No. HB 1747, 2nd Eng.

    Amendment No. 1





 1  shall require sufficient documentation from each greyhound

 2  permitholder to assure that the purses paid by each

 3  permitholder on the greyhound intertrack and simulcast

 4  broadcasts are in compliance with the requirements of

 5  paragraph (c) of this section.

 6         (e)(d)  Each greyhound permitholder who conducted live

 7  racing in state fiscal year 1993-1994 shall submit to the

 8  division by September 1, 1996, purse payment records and

 9  copies of purse contracts pertaining to greyhound racing that

10  were in effect during state fiscal year 1993-1994.

11         (f)  Each greyhound permitholder shall, during the

12  permitholder's race meet, supply kennel operators and the

13  Division of Pari-Mutuel Wagering with a weekly report showing

14  purses paid on live greyhound races and all greyhound

15  intertrack and simulcast broadcasts, including both as a guest

16  and a host together with the handle or commission calculations

17  on which such purses were paid, so that the kennel operators

18  may determine statutory and contractual compliance.

19         (g)  Each greyhound permitholder shall make direct

20  payment of purses to the greyhound owners who have filed with

21  such permitholder appropriate federal taxpayer identification

22  information based on the percentage amount agreed upon between

23  the kennel operator and the greyhound owner.

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26  ================ T I T L E   A M E N D M E N T ===============

27  And the title is amended as follows:

28         On page 1, line 7, delete that line

29

30  and insert:

31         providing a formula for the distribution of

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                                                  SENATE AMENDMENT

    Bill No. HB 1747, 2nd Eng.

    Amendment No. 1





 1         greyhound purses; requiring greyhound

 2         permitholders to produce weekly purse payment

 3         reports; requiring greyhound permitholders to

 4         make direct payment of purses to greyhound

 5         owners based on certain amounts;

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