Florida Senate - 2014                        COMMITTEE AMENDMENT
       Bill No. SPB 7052
       
       
       
       
       
       
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                              LEGISLATIVE ACTION                        
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    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 5309 and 5310
    4  insert:
    5         Section 73. Section 551.079, Florida Statutes, is created
    6  to read:
    7         551.079 Advance deposit wagering.—
    8         (1) As used in this section, the term:
    9         (a) “Advance deposit wagering” means a form of pari-mutuel
   10  wagering in which an individual deposits money into an account
   11  with a person authorized by the department to conduct advance
   12  deposit wagering and such individual uses the account funds to
   13  pay for pari-mutuel wagers made in person, by telephone, or
   14  through communication by other electronic means.
   15         (b) “Permitholder” means a person that is issued a permit
   16  under this part.
   17         (2) The department may authorize advance deposit wagering
   18  conducted by:
   19         (a) A permitholder; or
   20         (b) An operator of an advance deposit wagering system
   21  accepting wagers pursuant to an agreement with a permitholder if
   22  the agreement is approved by the department.
   23         (3) A person authorized to conduct advance deposit wagering
   24  under subsection (2) may accept advance deposit wagering for:
   25         (a) Races or games conducted in this state under a permit
   26  issued under this part; or
   27         (b) Races or games conducted in another state on a schedule
   28  approved by the permitholder.
   29         (4) Residents of this state may not place wagers through a
   30  system of advance deposit wagering except with a person
   31  authorized to conduct advance deposit wagering under subsection
   32  (2). Only persons authorized to conduct advance deposit wagering
   33  under subsection (2) may accept wagers from residents of this
   34  state.
   35         (5) A person authorized to conduct advance deposit wagering
   36  under subsection (2) may not:
   37         (a) Accept an account wager in an amount in excess of the
   38  funds on deposit in the advance deposit wagering account of the
   39  individual placing the wager; or
   40         (b) Allow individuals younger than 21 years of age to open,
   41  own, or have access to an advance deposit wagering account.
   42         (6) A person authorized to conduct advance deposit wagering
   43  under subsection (2) must:
   44         (a) Include a statement in all forms of advertising for
   45  advance deposit wagering that individuals younger than 21 years
   46  of age are not allowed to open, own, or have access to an
   47  advance deposit wagering account; and
   48         (b) Verify the identification, residence, and age of the
   49  advance deposit wagering account holder using methods and
   50  technologies approved by the department.
   51         (7) Wagers placed pursuant to this section shall be taxed
   52  at the same rate and in the same manner as wagers placed on
   53  simulcasting under this part.
   54         (8) The department shall adopt rules to administer this
   55  section.
   56  
   57  ================= T I T L E  A M E N D M E N T ================
   58  And the title is amended as follows:
   59         Delete line 117
   60  and insert:
   61         limited licensure, and totalisators; creating s.
   62         551.079, F.S.; defining terms; authorizing the
   63         department to authorize advance deposit wagering
   64         conducted by certain permitholders or certain
   65         operators contracting with a permitholder; specifying
   66         requirements for a person authorized to conduct
   67         advance deposit wagering; imposing a tax on advanced
   68         deposit wagers; requiring the department to adopt
   69         rules; creating s.