Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 544
                        Barcode 111420
                            CHAMBER ACTION
              Senate                               House
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       02/21/2007 08:48 AM         .                    
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11  The Committee on Commerce (Garcia) recommended the following
12  amendment:
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14         Senate Amendment (with title amendment) 
15         On page 2, between lines 4 and 5,
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17  insert:  
18         (i)  The applicant for a facility for a new
19  professional sports franchise has a verified copy of a binding
20  agreement with the new professional sports franchise that:
21         1.  Requires the franchise to pay any cost overruns
22  when the franchise was used as the basis for the original
23  certification of the applicant described in (9)(b) and is the
24  basis for the current certification request; and
25         2.  Contractually commits such a franchise not to
26  relocate and to play all home games at the applicant facility,
27  other than by cause of force majeure, during the term of
28  disbursements.
29         3.  If the sports franchise team leaves before the 30
30  year contract is up, they are obligated to pay back all state
31  funds they received.
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    Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 544
                        Barcode 111420
 1  ================ T I T L E   A M E N D M E N T ===============
 2  And the title is amended as follows:
 3         On page 1, line 7, after the semicolon
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 6         providing certain requirements for new
 7         professional sports franchises;
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