Florida Senate - 2018                        COMMITTEE AMENDMENT
       Bill No. SB 374
       
       
       
       
       
       
                                Ì402748?Î402748                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  12/08/2017           .                                
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       The Committee on Regulated Industries (Young) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Section 546.13, Florida Statutes, is created to
    6  read:
    7         546.13 Fantasy contests and fantasy contest operators.—
    8         (1) DEFINITIONS.—As used in this section, the term:
    9         (a) “Entry fee” means cash or a cash equivalent that is
   10  required to be paid by a participant in order to participate in
   11  a fantasy contest.
   12         (b) “Fantasy contest” means a fantasy or simulated game or
   13  contest in which:
   14         1. The value of all prizes and awards offered to winning
   15  participants is established and made known to the participants
   16  in advance of the contest;
   17         2. All winning outcomes reflect the relative knowledge and
   18  skill of the participants and are determined predominantly by
   19  accumulated statistical results of the performance of
   20  individuals, including athletes in the case of sporting events;
   21         3. No winning outcome is based on the score, point spread,
   22  or any performance or performances of any single actual team or
   23  combination of such teams, solely on any single performance of
   24  an individual athlete or player in any single actual event, or
   25  on the performances of participants in collegiate, high school,
   26  or youth sporting events.
   27         (c) “Fantasy contest operator” means a person or an entity,
   28  including any employee or agent, that offers or conducts a
   29  fantasy contest with an entry fee for a cash prize or award and
   30  that is not a participant in the fantasy contest.
   31         (2) EXEMPTIONS.—The Department of Business and Professional
   32  Regulation may not regulate and the offenses established in s.
   33  849.01, s. 849.08, s. 849.09, s. 849.11, s. 849.14, and s.
   34  849.25 do not include or apply to a fantasy contest operated or
   35  conducted by a:
   36         (a) Fantasy contest operator.
   37         (b) Natural person who is a participant in the fantasy
   38  contest, serves as the commissioner of not more than 10 fantasy
   39  contests in a calendar year, and distributes all entry fees for
   40  the fantasy contest as prizes or awards to the participants in
   41  that fantasy contest.
   42         Section 2. This act shall take effect October 1, 2018.
   43  
   44  ================= T I T L E  A M E N D M E N T ================
   45  And the title is amended as follows:
   46         Delete everything before the enacting clause
   47  and insert:
   48                        A bill to be entitled                      
   49         An act relating to fantasy contests; creating s.
   50         546.13, F.S.; defining terms; exempting a fantasy
   51         contest from certain regulations; providing an
   52         effective date.