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





                                                  SENATE AMENDMENT

    Bill No. CS for SB 1458

    Amendment No.    

                            CHAMBER ACTION
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11  Senator Casas moved the following amendment to amendment

12  (764286):

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14         Senate Amendment (with title amendment) 

15         On page 6, between lines 1 and 2,

16

17  insert:

18         Section 2.  Paragraph (a) of subsection (2) of section

19  550.09515, Florida Statutes, is amended to read:

20         550.09515  Thoroughbred horse taxes; abandoned interest

21  in a permit for nonpayment of taxes.--

22         (2)(a)  Notwithstanding the provisions of s.

23  550.0951(3)(a), the tax on handle for live thoroughbred horse

24  performances shall be subject to the following:

25         1.  The tax on handle per performance for live

26  thoroughbred performances is 2.0 percent of handle for

27  performances conducted during the period beginning on January

28  3 and ending March 16; .20 percent of handle for performances

29  conducted during the period beginning March 17 and ending May

30  22; and 1.25 percent of handle for performances conducted

31  during the period beginning May 23 and ending January 2.

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                                                  SENATE AMENDMENT

    Bill No. CS for SB 1458

    Amendment No.    





 1         2.  If any thoroughbred permitholder conducts

 2  performances during more than one time period or if

 3  performances are conducted during more than one period at any

 4  facility, the tax on handle per performance is double the sum

 5  of the tax percentages for the periods in which performances

 6  are being conducted, except:

 7         a.  Pursuant to s. 550.01215, two permitholders, by

 8  mutual written agreement, may agree to the operation by one of

 9  them in the other permitholder's tax period for up to 3 days,

10  if the 3 days are either the first 3 days or the last 3 days

11  of the racing period in which the permitholders intend to

12  operate.

13         b.  If, on March 31 of any year, there is no

14  permitholder holding a license for operating any one of the

15  three race periods set forth in this section or if the

16  permitholder who is licensed to operate in any period fails to

17  operate for 10 consecutive days, a permitholder already

18  licensed to operate in another period may apply for and be

19  issued a license to operate the period in question, in

20  addition to the period already licensed.

21         c.  Two permitholders who operated in different periods

22  in the preceding fiscal year may, by mutual written agreement,

23  switch periods for the current racing season, even if it

24  results in either permitholder or the facility of a

25  permitholder being operated in two different periods.

26         3.  However, any thoroughbred permitholder whose total

27  handle on live performances during the 1991-1992 state fiscal

28  year was not greater than $34 million is authorized to conduct

29  live performances at any time of the year and shall pay 0.5

30  percent on live handle per performance.

31         4.3.  For the period beginning on April 1 and ending

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                                                  SENATE AMENDMENT

    Bill No. CS for SB 1458

    Amendment No.    





 1  May 23 during the state fiscal year 1992-1993, any

 2  permitholder which has operated less than 51 racing days in

 3  the last 18 months may operate said period and pay 1.25

 4  percent tax on live handle per performance.  In the event this

 5  provision takes effect after April 1, 1993, it shall be

 6  construed to apply retroactively from April 1, 1993, through

 7  May 23, 1993.

 8         5.4.  In the event any licenses have been issued to any

 9  thoroughbred permitholders for racing dates prior to April 26,

10  1993, then, notwithstanding the provisions of s. 550.525(2),

11  amendments may be filed to the racing dates up to May 1, 1993.

12         Section 3.  Effective July 1, 2001, paragraph (a) of

13  subsection (2) of section 550.09515, Florida Statutes, as

14  amended by section 4 of chapter 98-190, Laws of Florida, is

15  reenacted to read:

16         550.09515  Thoroughbred horse taxes; abandoned interest

17  in a permit for nonpayment of taxes.--

18         (2)(a)  Notwithstanding the provisions of s.

19  550.0951(3)(a), the tax on handle for live thoroughbred horse

20  performances shall be subject to the following:

21         1.  The tax on handle per performance for live

22  thoroughbred performances is 2.25 percent of handle for

23  performances conducted during the period beginning on January

24  3 and ending March 16; .70 percent of handle for performances

25  conducted during the period beginning March 17 and ending May

26  22; and 1.5 percent of handle for performances conducted

27  during the period beginning May 23 and ending January 2.

28         2.  However, any thoroughbred permitholder whose total

29  handle on live performances during the 1991-1992 state fiscal

30  year was not greater than $34 million is authorized to conduct

31  live performances at any time of the year and shall pay 0.5

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                                                  SENATE AMENDMENT

    Bill No. CS for SB 1458

    Amendment No.    





 1  percent on live handle per performance.

 2         Section 4.  Any tax liability that accrued under

 3  section 550.09515(2)(a)2., Florida Statutes, between January

 4  1, 2000, and May 22, 2000, is forgiven, and the Department of

 5  Business and Professional Regulation may not maintain an

 6  action to collect such taxes.

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 8  (Redesignate subsequent sections.)

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10

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

12  And the title is amended as follows:

13         On page 6, line 15, after the semicolon

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15  insert:

16         amending s. 550.09515, F.S.; modifying the tax

17         on handle for thoroughbred performances;

18         forgiving certain taxes;

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