Florida Senate - 2007 CONFERENCE COMMITTEE AMENDMENT
Bill No. HB 7069
Barcode 204868
CHAMBER ACTION
Senate House
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05/03/2007 02:42 PM .
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11 The Conference Committee on HB 7069 recommended the following
12 amendment:
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14 Conference Committee Amendment (with title amendment)
15 Delete everything after the enacting clause
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17 and insert:
18 Section 1. Subsection (2) of section 550.135, Florida
19 Statutes, is amended, and subsection (3) is added to that
20 section, to read:
21 550.135 Division of moneys derived under this
22 law.--All moneys that are deposited with the Chief Financial
23 Officer to the credit of the Pari-mutuel Wagering Trust Fund
24 shall be distributed as follows:
25 (2) All unappropriated funds in excess of $1.5 million
26 in the Pari-mutuel Wagering Trust Fund, collected pursuant to
27 this chapter, shall be deposited with the Chief Financial
28 Officer to the credit of the General Revenue Fund.
29 (3) The slot machine license fee, the slot machine
30 occupational license fee, and the compulsive or addictive
31 gambling prevention program fee collected pursuant to ss.
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11:50 PM 04/29/07 c706900d-02
Florida Senate - 2007 CONFERENCE COMMITTEE AMENDMENT
Bill No. HB 7069
Barcode 204868
1 551.106, 551.107(2)(a)1., and 551.118 shall be used to fund
2 the direct and indirect operating expenses of the division's
3 slot machine regulation operations and to provide funding for
4 relevant enforcement activities in accordance with authorized
5 appropriations. Funds deposited into the Pari-mutuel Wagering
6 Trust Fund pursuant to ss. 551.106, 551.107(2)(a)1., and
7 551.118 shall be reserved in the trust fund for slot machine
8 regulation operations. On June 30, any unappropriated funds in
9 excess of those necessary for incurred obligations and
10 subsequent year cash flow for slot machine regulation
11 operations shall be deposited with the Chief Financial Officer
12 to the credit of the General Revenue Fund.
13 Section 2. This act shall take effect upon becoming a
14 law.
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17 ================ T I T L E A M E N D M E N T ===============
18 And the title is amended as follows:
19 Delete everything before the enacting clause
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21 and insert:
22 A bill to be entitled
23 An act relating to the Pari-mutuel Wagering
24 Trust Fund; amending s. 550.135, F.S.;
25 providing for the use of certain funds received
26 from the regulation of slot machine facilities;
27 requiring that unappropriated funds in excess
28 of incurred obligations and funds necessary for
29 cash flow in the subsequent year be deposited
30 into the General Revenue Fund at the end of the
31 fiscal year; providing an effective date.
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