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 Regulated Industries recommended the
12 following amendment:
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14 Senate Amendment (with title amendment)
15 On page 3, line 23, through
16 page 5, line 4, delete those lines
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18 and insert:
19 Section 3. Subsection (2) of section 550.09514,
20 Florida Statutes, is amended to read:
21 550.09514 Greyhound dogracing taxes; purse
22 requirements.--
23 (2)(a) The division shall determine for each greyhound
24 permitholder the annual purse percentage rate of live handle
25 for the state fiscal year 1993-1994 by dividing total purses
26 paid on live handle by the permitholder, exclusive of payments
27 made from outside sources, during the 1993-1994 state fiscal
28 year by the permitholder's live handle for the 1993-1994 state
29 fiscal year. Each permitholder shall pay as purses for live
30 races conducted during its current race meet a percentage of
31 its live handle not less than the percentage determined under
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SENATE AMENDMENT
Bill No. HB 1747, 2nd Eng.
Amendment No. 1
1 this paragraph, exclusive of payments made by outside sources,
2 for its 1993-1994 state fiscal year.
3 (b)1. Except as otherwise provided herein, in addition
4 to the minimum purse percentage required by paragraph (a),
5 each permitholder shall pay as purses, for fiscal year
6 1996-1997, an amount equal to 75 percent of the permitholder's
7 tax credit pursuant to s. 550.0951(1).
8 2. Except as otherwise set forth herein, in addition
9 to the minimum purse percentage required by paragraph (a),
10 beginning July 1, 1997, each permitholder shall pay as purses
11 an amount equal to 75 percent of the daily license fees paid
12 by each permitholder for the 1994-1995 fiscal year. This purse
13 supplement shall be disbursed weekly during the permitholder's
14 race meet and determined by dividing the purse supplement by
15 the number of performances approved for the permitholder
16 pursuant to its annual license and multiplied by the number of
17 performances conducted each week. For the greyhound
18 permitholders in the county where there are two greyhound
19 permitholders located as specified in s. 550.615(6), such
20 permitholders shall pay in the aggregate an amount equal to 75
21 percent of the daily license fees paid by such permitholders
22 for the 1994-1995 fiscal year. These permitholders shall be
23 jointly and severally liable for such purse payments.
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25 The additional purses provided by this paragraph must be used
26 exclusively for purses other than stakes. The division shall
27 conduct audits necessary to ensure compliance with this
28 section.
29 (c)1. The division shall require sufficient
30 documentation from each greyhound permitholder regarding
31 purses paid on live racing and greyhound intertrack and
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SENATE AMENDMENT
Bill No. HB 1747, 2nd Eng.
Amendment No. 1
1 simulcast broadcasts to assure that the annual purse
2 percentage rates paid by each permitholder on the intertrack
3 or simulcast broadcasts are not reduced below those paid
4 during the 1993-1994 state fiscal year. In addition, each
5 greyhound permitholder when conducting at least three live
6 performances during any week live races shall pay purses on
7 wagers it accepts as a guest track on intertrack and simulcast
8 greyhound races at the same rate as it pays on live races.
9 Each greyhound permitholder acting as a host track shall pay
10 purses, at the same rate as it pays on live races, on wagers
11 accepted on greyhound such races at a guest track which is not
12 conducting live racing and is located within the same market
13 area as the host.
14 2. For the purposes of this section, the term "net
15 proceeds" means the amount of contractual fee received by the
16 host for its services excluding the payment of pari-mutuel
17 taxes and the transmission cost of sending the broadcasts. One
18 quarter of the net proceeds received by a greyhound host track
19 on greyhound simulcast races shall be paid as purses at the
20 host track. Whenever net proceeds are retained by a greyhound
21 host track on greyhound intertrack broadcasts sent outside of
22 its market area, the host track shall pay purses at the host
23 track in an amount not less than .75 percent of the handle on
24 such greyhound races at the guest facility.
25 (d) Each greyhound permitholder shall, during the
26 permitholder's race meet, supply kennel operators and the
27 Division of Pari-Mutuel Wagering with a weekly report showing
28 purses paid on live greyhound races and all greyhound
29 intertrack and simulcast broadcasts, including both as a guest
30 and a host together with the handle or commission calculations
31 on which such purses were paid, so that the kennel operators
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SENATE AMENDMENT
Bill No. HB 1747, 2nd Eng.
Amendment No. 1
1 may determine statutory and contractual compliance.
2 (e) Each greyhound permitholder shall make direct
3 payment of purses to the greyhound owners who have filed with
4 such permitholder appropriate federal taxpayer identification
5 information based on the percentage amount agreed upon between
6 the kennel operator and the greyhound owner.
7 (f)(d) Each greyhound permitholder who conducted live
8 racing in state fiscal year 1993-1994 shall submit to the
9 division by September 1, 1996, purse payment records and
10 copies of purse contracts pertaining to greyhound racing that
11 were in effect during state fiscal year 1993-1994.
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15 And the title is amended as follows:
16 On page 1, line 7, delete that line
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18 and insert:
19 providing a formula for the distribution of
20 greyhound purses; requiring greyhound
21 permitholders to produce weekly purse payment
22 reports; requiring greyhound permitholders to
23 make direct payment of purses to greyhound
24 owners based on certain amounts;
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