Florida Senate - 2005                      COMMITTEE AMENDMENT
    Bill No. CS for SB 1174
                        Barcode 264440
                            CHAMBER ACTION
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       04/22/2005 07:29 PM         .                    
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11  The Committee on Judiciary (Webster) recommended the following
12  amendment:
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14         Senate Amendment (with title amendment) 
15         On page 23, lines 15-16, delete those lines
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17  and insert:  Section 2.  Effective July 1, 2006, subsection
18  (2) of section 551.106, Florida Statutes, as created by this
19  act, is amended to read:
20         551.106  License fee; machine fee; tax rate.--
21         (2) TAX ON SLOT MACHINE REVENUES.
22         (a)  The tax rate on slot machine revenues on each
23  facility shall be:
24         1.  Forty Thirty percent on revenue of $100 million or
25  less;
26         2.  Forty-five Thirty-two and one-half percent on
27  revenue greater than $100 million, but less than or equal to
28  $200 million; and
29         3.  Fifty Thirty-five percent on all revenue greater
30  than $200 million.
31         Section 3.  Except as otherwise expressly provided in
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    11:46 PM   04/18/05                             s1174.ju09.p10


    Florida Senate - 2005                      COMMITTEE AMENDMENT
    Bill No. CS for SB 1174
                        Barcode 264440
 1  this act, this act shall take effect upon becoming a law.
 2         (renumber subsequent sections)
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 5  ================ T I T L E   A M E N D M E N T ===============
 6  And the title is amended as follows:
 7         On page 1, line 28, delete that line
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 9  and insert:  providing effective dates.
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    11:46 PM   04/18/05                             s1174.ju09.p10