Senate Bill sb1426

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2006                                  SB 1426

    By Senator Saunders





    37-1066-06                                          See HB 615

  1                      A bill to be entitled

  2         An act relating to professional sports

  3         franchises; amending s. 288.1162, F.S.;

  4         providing additional requirements with respect

  5         to certification as a facility for a new

  6         professional sports franchise or a facility for

  7         a retained professional sports franchise;

  8         providing for repeal of the requirements by a

  9         specified date; providing an effective date.

10  

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

12  

13         Section 1.  Subsection (7) of section 288.1162, Florida

14  Statutes, is amended to read:

15         288.1162  Professional sports franchises; spring

16  training franchises; duties.--

17         (7)(a)  The Office of Tourism, Trade, and Economic

18  Development shall notify the Department of Revenue of any

19  facility certified as a facility for a new professional sports

20  franchise or a facility for a retained professional sports

21  franchise or as a facility for a retained spring training

22  franchise. The Office of Tourism, Trade, and Economic

23  Development shall certify no more than eight facilities as

24  facilities for a new professional sports franchise or as

25  facilities for a retained professional sports franchise and

26  shall certify at least five as facilities for retained spring

27  training franchises, including in such total any facilities

28  certified by the Department of Commerce before July 1, 1996.

29  The office may make no more than one certification for any

30  facility. The office may not certify funding for less than the

31  

                                  1

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






    Florida Senate - 2006                                  SB 1426
    37-1066-06                                          See HB 615




 1  requested amount to any applicant certified as a facility for

 2  a retained spring training franchise.

 3         (b)  The eighth certification of an applicant under

 4  this section as a facility for a new professional sports

 5  franchise or a facility for a retained professional sports

 6  franchise shall be for a franchise that is a member of the

 7  National Basketball Association, has been located within the

 8  state since 1987, and has not been previously certified. This

 9  paragraph is repealed July 1, 2010.

10         Section 2.  This act shall take effect July 1, 2006.

11  

12  

13  

14  

15  

16  

17  

18  

19  

20  

21  

22  

23  

24  

25  

26  

27  

28  

29  

30  

31  

                                  2

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