House Bill 1747e2

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                                         HB 1747, Second Engrossed



  1                      A bill to be entitled

  2         An act relating to pari-mutuel wagering;

  3         amending s. 550.2625, F.S.; revising standing

  4         requirements for stallion awards; amending s.

  5         550.09512, F.S.; repealing the expiration of

  6         that section; amending s. 550.09514, F.S.,

  7         relating to greyhound purse requirements;

  8         amending s. 26, ch. 96-364, Laws of Florida,

  9         relating to tax on handle of live thoroughbred

10         performances, live jai alai performances, and

11         intertrack wagering; providing effective dates.

12

13  Be It Enacted by the Legislature of the State of Florida:

14

15         Section 1.  Paragraph (d) of subsection (3) of section

16  550.2625, Florida Statutes, is amended to read:

17         550.2625  Horseracing; minimum purse requirement,

18  Florida breeders' and owners' awards.--

19         (3)  Each horseracing permitholder conducting any

20  thoroughbred race under this chapter, including any intertrack

21  race taken pursuant to ss. 550.615-550.6305 or any interstate

22  simulcast taken pursuant to s. 550.3551(3) shall pay a sum

23  equal to 0.75 percent on all pari-mutuel pools conducted

24  during any such race for the payment of breeders' and stallion

25  awards as authorized in this section.  This subsection also

26  applies to all Breeder's Cup races conducted outside this

27  state taken pursuant to s. 550.3551(3).  On any race

28  originating live in this state which is broadcast out-of-state

29  to any location at which wagers are accepted pursuant to s.

30  550.3551(2), the host track is required to pay 3.3 percent of

31  the gross revenue derived from such out-of-state broadcasts as


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                                         HB 1747, Second Engrossed



  1  breeders' and stallion awards.  The Florida Thoroughbred

  2  Breeders' Association is authorized to receive these payments

  3  from the permitholders and make payments of awards earned.

  4  The Florida Thoroughbred Breeders' Association has the right

  5  to withhold up to 10 percent of the permitholder's payments

  6  under this section as a fee for administering the payments of

  7  awards and for general promotion of the industry.  The

  8  permitholder shall remit these payments to the Florida

  9  Thoroughbred Breeders' Association by the 5th day of each

10  calendar month for such sums accruing during the preceding

11  calendar month and shall report such payments to the division

12  as prescribed by the division.  With the exception of the

13  10-percent fee, the moneys paid by the permitholders shall be

14  maintained in a separate, interest-bearing account, and such

15  payments together with any interest earned shall be used

16  exclusively for the payment of breeders' awards and stallion

17  awards in accordance with the following provisions:

18         (d)  In order for an owner of the sire of a

19  thoroughbred horse winning a stakes race to be eligible to

20  receive a stallion award, the stallion must have been

21  registered with the Florida Thoroughbred Breeders'

22  Association, and the breeding of the registered Florida-bred

23  horse must have occurred in this state. The stallion must be

24  standing permanently in this state between February 1st

25  through June 15th of each year or, if the stallion is dead,

26  must have stood permanently in this state for a period of not

27  less than 1 year immediately prior to its death. The removal

28  of a stallion from this state during the period of time

29  between February 1st through June 15th of any year for any

30  reason, other than exclusively for prescribed medical

31  treatment, as approved by the Florida Thoroughbred Breeders'


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                                         HB 1747, Second Engrossed



  1  Association, renders the owner or owners of the stallion

  2  ineligible to receive a stallion award under any circumstances

  3  for offspring sired prior to removal; however, if a removed

  4  stallion is returned to this state, all offspring sired

  5  subsequent to the return make the owner or owners of the

  6  stallion eligible for the stallion award but only for those

  7  offspring sired subsequent to such return to this state. The

  8  Florida Thoroughbred Breeders' Association shall maintain

  9  complete records showing the date the stallion arrived in this

10  state for the first time, whether or not the stallion remained

11  in the state permanently, the location of the stallion, and

12  whether the stallion is still standing in this state and

13  complete records showing awards earned, received, and

14  distributed.  The association may charge the owner, owners, or

15  breeder a reasonable fee for this service.

16         Section 2.  Subsection (5) of section 550.09512,

17  Florida Statutes, as created by section 1 of chapter 93-288,

18  Laws of Florida, is amended to read:

19         550.09512  Harness horse taxes; abandoned interest in a

20  permit for nonpayment of taxes.--

21         (5)  This section is repealed July 1, 1998, and shall

22  be reviewed by the Legislature prior to that date.

23         Section 3.  Paragraphs (b) and (c), of subsection (2)

24  of section 550.09514, Florida Statutes, 1996 Supplement, is

25  amended to read:

26         550.09514  Greyhound dogracing taxes; purse

27  requirements.--

28         (2)

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

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

31  each permitholder shall pay as purses, for fiscal year


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                                         HB 1747, Second Engrossed



  1  1996-1997, an amount equal to 75 percent of the permitholder's

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

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

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

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

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

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

  8  supplement shall be prorated and dispersed weekly during a

  9  permitholder's live meet. For the greyhound permitholders in

10  the county where there are two greyhound permitholders located

11  as specified in s. 550.615(6), such permitholders shall pay in

12  the aggregate an amount equal to 75 percent of the daily

13  license fees paid by such permitholders for the 1994-1995

14  fiscal year.  These permitholders shall be jointly and

15  severally liable for such purse payments.

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17  The additional purses provided by this paragraph must be used

18  exclusively for purses other than stakes.  The division shall

19  conduct audits necessary to ensure compliance with this

20  section.

21         (c)  The division shall require sufficient

22  documentation from each greyhound permitholder regarding

23  purses paid on live racing and greyhound intertrack and

24  simulcast broadcasts to assure that the annual purse

25  percentage rates paid by each permitholder on the intertrack

26  or simulcast broadcasts are not reduced below those paid

27  during the 1993-1994 state fiscal year.  In addition, each

28  greyhound permitholder when conducting its live meet live

29  races shall pay purses on wagers it accepts as a guest track

30  on intertrack and simulcast greyhound races at the same rate

31  as it pays on live races.  Each greyhound permitholder acting


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                                         HB 1747, Second Engrossed



  1  as a host track shall pay purses, at the same rate as it pays

  2  on live races, on wagers accepted on such races at a guest

  3  track which is not conducting live racing and is located

  4  within the same market area as the host.

  5         Section 4.  Section 26 of chapter 96-364, Laws of

  6  Florida, is amended to read:

  7         Section 26.  Effective July 1, 1998, the amendments to

  8  subsection (3) of section 550.0951, subsections (2) and (3) of

  9  section 550.09511, subsection (2) of section 550.09515, and

10  paragraph (a) of subsection (2) of section 550.2625, Florida

11  Statutes, shall expire and the text of said subsections shall

12  revert to that in existence immediately prior to chapter

13  96-364, Laws of Florida, this act becoming law and as set

14  forth in that the act without the amendments to such

15  subsections, specified in that this act, except that any

16  amendments to such text enacted other than by that this act

17  shall be preserved and continue to operate to the extent that

18  such amendments are not dependent upon the portions of said

19  text which expire pursuant to the provisions of that this act.

20  The Statutory Revision Division of the Joint Legislative

21  Management Committee shall include in an appropriate reviser's

22  bill any amendments to said section which are necessary to

23  give effect to the legislative intent expressed in this

24  section.

25         Section 5.  Except as otherwise expressly provided in

26  this act, this act shall take effect upon becoming a law.

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