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



                                                   HOUSE AMENDMENT

    565-214AX-02                                  Bill No. HB 1573

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

                            CHAMBER ACTION
              Senate                               House
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  5                                           ORIGINAL STAMP BELOW

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11  Representative(s) Fasano and Goodlette offered the following:

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13         Amendment to Amendment (293287) (with title amendment) 

14         On page 4, lines 12-13, of the amendment,

15  remove:  all of said lines

16

17  and insert:

18         Section 4.  (1)  Subsection (8) is added to section

19  550.09515, Florida Statutes, to read:

20         550.09515  Thoroughbred horse taxes; abandoned interest

21  in a permit for nonpayment of taxes.--

22         (8)  If a thoroughbred permitholder fails to operate

23  all performances on its 2001-2002 license, failure to pay tax

24  on handle for a full schedule of live races for those

25  performances in the 2001-2002 fiscal year does not constitute

26  failure to pay taxes on handle for a full schedule of live

27  races in a fiscal year for the purposes of subsection (3).

28  This subsection may not be construed as forgiving a

29  thoroughbred permitholder from paying taxes on performances

30  conducted at its facility pursuant to its 2001-2002 license

31  other than for failure to operate all performances on its

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    File original & 9 copies    03/14/02
    hbd0005                     09:41 am         01573-0045-611827




                                                   HOUSE AMENDMENT

    565-214AX-02                                  Bill No. HB 1573

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





  1  2001-2002 license.

  2         (2)  This section shall take effect upon becoming a law

  3  and apply retroactively to any thoroughbred permitholder that

  4  obtained a license for the 2001-2002 racing season.

  5         Section 5.  (1)  Subsections (6) and (7) are added to

  6  section 550.5251, Florida Statutes, to read:

  7         550.5251  Florida thoroughbred racing; certain permits;

  8  operating days.--

  9         (6)  Notwithstanding the provisions of subsection (2),

10  a thoroughbred permitholder who fails to operate all

11  performances on its 2001-2002 license does not lose its right

12  to retain its permit. Such thoroughbred permitholder is

13  eligible for issuance of an annual license pursuant to s.

14  550.0115 for subsequent thoroughbred racing seasons. The

15  division shall take no disciplinary action against such

16  thoroughbred permitholder for failure to operate all licensed

17  performances for the 2001-2002 license pursuant to this

18  section or s. 550.01215. This section may not be interpreted

19  to prohibit the division from taking disciplinary action

20  against a thoroughbred permitholder for failure to pay taxes

21  on performances operated pursuant to its 2001-2002 license.

22         (7)  A thoroughbred permitholder shall file an

23  amendment with the division no later than May 31, 2002, that

24  indicates that it will not be able to operate the performances

25  scheduled on its 2002-2003 license without imposition of any

26  penalty for failure to operate all licensed performances

27  provided in this chapter.

28         (2)  This section shall take effect upon becoming a law

29  and apply retroactively to any thoroughbred permitholder that

30  obtained a license for the 2001-2002 racing season.

31         Section 6.  Except as otherwise provided herein, this

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    File original & 9 copies    03/14/02
    hbd0005                     09:41 am         01573-0045-611827




                                                   HOUSE AMENDMENT

    565-214AX-02                                  Bill No. HB 1573

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





  1  act shall take effect upon becoming a law.

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

  5  And the title is amended as follows:

  6         On page 5, line 1, of the amendment,

  7  remove:  all of said line

  8

  9  and insert:

10         amending s. 550.09515, F.S.; revising

11         provisions governing the payment of

12         thoroughbred horse taxes; amending s. 550.5251,

13         F.S.; revising provisions governing

14         thoroughbred racing permits; providing for

15         retroactive application; providing effective

16         dates.

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    File original & 9 copies    03/14/02
    hbd0005                     09:41 am         01573-0045-611827