Florida Senate - 2014 COMMITTEE AMENDMENT
Bill No. SB 742
Ì780164&Î780164
LEGISLATIVE ACTION
Senate . House
Comm: WD .
04/09/2014 .
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1 Senate Amendment to Amendment (607554) (with title
2 amendment)
3
4 Between lines 25 and 26
5 insert:
6 Section 2. Section 550.6308, Florida Statutes, is amended
7 to read:
8 550.6308 Limited intertrack wagering license.—In
9 recognition of the economic importance of the thoroughbred
10 breeding industry to this state, its positive impact on tourism,
11 and of the importance of a permanent thoroughbred sales facility
12 as a key focal point for the activities of the industry, a
13 limited license to conduct intertrack wagering is established to
14 ensure the continued viability and public interest in
15 thoroughbred breeding in Florida.
16 (1)(a) Upon application to the division on or before
17 January 31 of each year, a any person who that is licensed to
18 conduct public sales of thoroughbred horses under pursuant to s.
19 535.01 and who, that has conducted at least 15 days of
20 thoroughbred horse sales for at least 8 days at a permanent
21 sales facility in this state for at least 3 consecutive years,
22 and that has conducted at least 1 day of nonwagering
23 thoroughbred racing in this state, with a purse structure of at
24 least $250,000 per year for 2 consecutive years before such
25 application, shall be issued a license under this section,
26 subject to the conditions set forth in this section, to conduct
27 intertrack wagering at such a permanent sales facility. during
28 the following periods:
29 (a) Up to 21 days in connection with thoroughbred sales;
30 (b) Only one license may be issued under this subsection
31 Between November 1 and May 8;
32 (c) Between May 9 and October 31 at such times and on such
33 days as any thoroughbred, jai alai, or a greyhound permitholder
34 in the same county is not conducting live performances; provided
35 that any such permitholder may waive this requirement, in whole
36 or in part, and allow the licensee under this section to conduct
37 intertrack wagering during one or more of the permitholder’s
38 live performances; and
39 (d) During the weekend of the Kentucky Derby, the
40 Preakness, the Belmont, and a Breeders’ Cup Meet that is
41 conducted before November 1 and after May 8.
42
43 No more than one such license may be issued, and no such license
44 may be issued for a facility located within 50 miles of any
45 thoroughbred permitholder’s track.
46 (2) If more than one application is submitted for such
47 license, the division shall issue determine which applicant
48 shall be granted the license. In making its determination, the
49 division shall grant the license to the applicant demonstrating
50 superior capabilities, as measured by the length of time the
51 applicant has been conducting thoroughbred horse sales within
52 this state or elsewhere, the applicant’s total volume of
53 thoroughbred horse sales, within this state or elsewhere, the
54 length of time the applicant has maintained a permanent
55 thoroughbred sales facility in this state, and the quality of
56 the facility.
57 (3) An The applicant must comply with the provisions of ss.
58 550.125 and 550.1815.
59 (4) Intertrack wagering under this section may be conducted
60 only on thoroughbred horse racing, except that intertrack
61 wagering may be conducted on any class of pari-mutuel race or
62 game conducted by any class of permitholders licensed under this
63 chapter if all thoroughbred, jai alai, and greyhound
64 permitholders in the same county as the licensee under this
65 section give their consent.
66 (5) The applicant that receives a license licensee shall be
67 considered a guest track under this chapter. The licensee shall
68 pay 2.5 percent of the total contributions to the daily pari
69 mutuel pool on wagers accepted at the licensee’s facility on
70 greyhound races or jai alai games to the thoroughbred
71 permitholder that is conducting live races for purses to be paid
72 during its current racing meet. If more than one thoroughbred
73 permitholder is conducting live races on a day during which the
74 licensee is conducting intertrack wagering on greyhound races or
75 jai alai games, the licensee shall allocate these funds between
76 the operating thoroughbred permitholders on a pro rata basis
77 based on the total live handle at the operating permitholders’
78 facilities.
79
80 ================= T I T L E A M E N D M E N T ================
81 And the title is amended as follows:
82 Delete line 37
83 and insert:
84 meet under both permits or one permit; amending s.
85 550.6308, F.S.; revising requirements for licensure to
86 conduct intertrack wagering under a limited
87 circumstance; amending