Florida Senate - 2012 COMMITTEE AMENDMENT
Bill No. SB 710
Barcode 335876
LEGISLATIVE ACTION
Senate . House
Comm: RCS .
01/10/2012 .
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The Committee on Regulated Industries (Dean and Sachs)
recommended the following:
1 Senate Amendment to Amendment (566168)
2
3 Delete lines 3847 - 3865
4 and insert:
5
6 (2) TAX ON SLOT MACHINE REVENUES.—
7 (a) The tax rate on slot machine revenues at each facility
8 shall be 10 35 percent. If, during any state fiscal year, the
9 aggregate amount of tax paid to the state by all slot machine
10 licensees in Broward and Miami-Dade Counties is less than the
11 aggregate amount of tax paid to the state by all slot machine
12 licensees in the 2008-2009 fiscal year, each slot machine
13 licensee and resort licensee shall pay to the state within 45
14 days after the end of the state fiscal year a surcharge equal to
15 its pro rata share of an amount equal to the difference between
16 the aggregate amount of tax paid to the state by all slot
17 machine licensees in the 2008-2009 fiscal year and the amount of
18 tax paid during the fiscal year. Each licensee’s pro rata share
19 shall be an amount determined by dividing the amount paid on
20 slot machines by each slot and resort licensee authorized to
21 operate slot machines by the total taxes paid by all slot
22 machine and resort licensees authorized to operate slot machines
23 the number 1 by the number of facilities licensed to operate
24 slot machines during the applicable fiscal year, regardless of
25 whether the facility is operating such machines.