Florida Senate - 2024                      CS for CS for SB 1566
       
       
        
       By the Committees on Fiscal Policy; and Regulated Industries;
       and Senator Hutson
       
       
       
       
       594-03092-24                                          20241566c2
    1                        A bill to be entitled                      
    2         An act relating to fees; creating s. 546.151, F.S.;
    3         requiring applicants for a fantasy sports contest
    4         operator license to pay a specified application fee;
    5         requiring contest operators to pay a specified annual
    6         license renewal fee; prohibiting such fees from
    7         exceeding a specified amount; requiring applicants and
    8         contest operators to provide certain written evidence;
    9         requiring contest operators to remit certain fees;
   10         specifying that the costs for certain fingerprint
   11         processing and retention are borne by applicants;
   12         authorizing the Florida Gaming Control Commission to
   13         charge a specified handling fee related to fingerprint
   14         processing; requiring that certain fees be deposited
   15         into the Pari-mutuel Wagering Trust Fund; providing a
   16         contingent effective date.
   17          
   18  Be It Enacted by the Legislature of the State of Florida:
   19  
   20         Section 1. Section 546.151, Florida Statutes, is created to
   21  read:
   22         546.151 Fees.—
   23         (1) An applicant for a license as a fantasy sports contest
   24  operator shall pay an initial license application fee of
   25  $500,000 to the commission, and an applicant seeking to renew a
   26  fantasy sports contest operator license shall pay an annual
   27  license renewal fee of $250,000 to the commission; however, the
   28  respective fees may not exceed 10 percent of the difference
   29  between the amount of entry fees collected by a contest operator
   30  from the operation of fantasy sports contests in this state and
   31  the amount of cash or cash equivalents paid to contest
   32  participants in this state. The commission shall require a
   33  contest operator applicant to provide written evidence of the
   34  proposed amount of entry fees and cash or cash equivalents to be
   35  paid to contest participants during the annual license period.
   36  Before a license renewal, a contest operator must provide
   37  written evidence to the commission of the actual entry fees
   38  collected and cash or cash equivalents paid to contest
   39  participants during the previous period of licensure. Before a
   40  license renewal, a contest operator must remit to the commission
   41  any difference in a license fee which results from the
   42  difference between the proposed amount of entry fees and cash or
   43  cash equivalents paid to contest participants and the actual
   44  amounts collected and paid during the previous period of
   45  licensure.
   46         (2) Fees for state and federal fingerprint processing and
   47  retention shall be borne by an applicant for a contest operator
   48  license. The state cost for fingerprint processing shall be as
   49  provided in s. 943.053(3)(e) for records provided to persons or
   50  entities other than those specified as exceptions therein.
   51         (3) The commission also may charge a $2 handling fee for
   52  each set of fingerprints submitted for a contest operator
   53  license.
   54         (4) All fees collected by the commission under this section
   55  shall be deposited into the Pari-mutuel Wagering Trust Fund.
   56         Section 2. This act shall take effect on the same date that
   57  SB 1568 or similar legislation takes effect, if such legislation
   58  is adopted in the same legislative session or an extension
   59  thereof and becomes a law.