HOUSE AMENDMENT

                                                  Bill No. HB 3723

    Amendment No. 2 (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW

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11  The Committee on Regulated Services offered the following:

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13         Amendment (with title amendment) 

14         On page 6, lines 20-30,

15  remove from the bill all of said lines:

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17  and insert in lieu thereof:

18         Section 4.  Paragraphs (a) and (g) of subsection (9) of

19  section 550.6305, Florida Statutes, are amended, and

20  subsection (12) is added to said section, to read:

21         550.6305  Intertrack wagering; guest track payments;

22  accounting rules.--

23         (9)  A host track that has contracted with an

24  out-of-state horse track to broadcast live races conducted at

25  such out-of-state horse track pursuant to s. 550.3551(5) may

26  broadcast such out-of-state races to any guest track and

27  accept wagers thereon in the same manner as is provided in s.

28  550.3551.

29         (a)  For purposes of this section, "net proceeds" means

30  the amount of takeout remaining after the payment of state

31  taxes, purses required pursuant to s. 550.0951(3)(c)1., the

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    File original & 9 copies    03/31/98
    hri0001                     08:08 am         03723-rs  -284541




                                                   HOUSE AMENDMENT

                                                  Bill No. HB 3723

    Amendment No. 2 (for drafter's use only)





 1  cost to the permitholder required to be paid to the

 2  out-of-state horse track, and breeders' awards paid to the

 3  Florida Thoroughbred Breeders' Association and the Florida

 4  Standardbred Breeders and Owners Association, to be used as

 5  set forth in s. 550.625(2)(a) and (b).

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

 9  And the title is amended as follows:

10         On page 1, line 12,

11  after "F.S.;"

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13  insert:

14         revising the definition of net proceeds

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    File original & 9 copies    03/31/98
    hri0001                     08:08 am         03723-rs  -284541