CODING: Words stricken are deletions; words underlined are additions.
SENATE AMENDMENT
Bill No. CS/CS/HB 725, 1st Eng.
Amendment No.
CHAMBER ACTION
Senate House
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11 Senator Diaz de la Portilla moved the following amendment:
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13 Senate Amendment (with title amendment)
14 On page 20, between lines 7 and 8,
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17 Section 9. Section 4 of chapter 98-190, Laws of
18 Florida, is amended to read:
19 Section 4. Effective July 1, 2003 2001, paragraph (a)
20 of subsection (2) of section 550.09515, Florida Statutes, is
21 amended to read:
22 550.09515 Thoroughbred horse taxes; abandoned interest
23 in a permit for nonpayment of taxes.--
24 (2)(a) Notwithstanding the provisions of s.
25 550.0951(3)(a), the tax on handle for live thoroughbred horse
26 performances shall be subject to the following:
27 1. The tax on handle per performance for live
28 thoroughbred performances is 2.25 2.0 percent of handle for
29 performances conducted during the period beginning on January
30 3 and ending March 16; .70 .20 percent of handle for
31 performances conducted during the period beginning March 17
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SENATE AMENDMENT
Bill No. CS/CS/HB 725, 1st Eng.
Amendment No.
1 and ending May 22; and 1.5 1.25 percent of handle for
2 performances conducted during the period beginning May 23 and
3 ending January 2.
4 2. If any thoroughbred permitholder conducts
5 performances during more than one time period or if
6 performances are conducted during more than one period at any
7 facility, the tax on handle per performance is double the sum
8 of the tax percentages for the periods in which performances
9 are being conducted, except:
10 a. Pursuant to s. 550.01215, two permitholders, by
11 mutual written agreement, may agree to the operation by one of
12 them in the other permitholder's tax period for up to 3 days,
13 if the 3 days are either the first 3 days or the last 3 days
14 of the racing period in which the permitholders intend to
15 operate.
16 b. If, on March 31 of any year, there is no
17 permitholder holding a license for operating any one of the
18 three race periods set forth in this section or if the
19 permitholder who is licensed to operate in any period fails to
20 operate for 10 consecutive days, a permitholder already
21 licensed to operate in another period may apply for and be
22 issued a license to operate the period in question, in
23 addition to the period already licensed.
24 c. Two permitholders who operated in different periods
25 in the preceding fiscal year may, by mutual written agreement,
26 switch periods for the current racing season, even if it
27 results in either permitholder or the facility of a
28 permitholder being operated in two different periods.
29 2. However, any thoroughbred permitholder whose total
30 handle on live performances during the 1991-1992 state fiscal
31 year was not greater than $34 million is authorized to conduct
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SENATE AMENDMENT
Bill No. CS/CS/HB 725, 1st Eng.
Amendment No.
1 live performances at any time of the year and shall pay 0.5
2 percent on live handle per performance.
3 3. For the period beginning on April 1 and ending May
4 23 during the state fiscal year 1992-1993, any permitholder
5 which has operated less than 51 racing days in the last 18
6 months may operate said period and pay 1.25 percent tax on
7 live handle per performance. In the event this provision
8 takes effect after April 1, 1993, it shall be construed to
9 apply retroactively from April 1, 1993, through May 23, 1993.
10 4. In the event any licenses have been issued to any
11 thoroughbred permitholders for racing dates prior to April 26,
12 1993, then, notwithstanding the provisions of s. 550.525(2),
13 amendments may be filed to the racing dates up to May 1, 1993.
14 Section 10. Section 9 of chapter 98-190, Laws of
15 Florida, is amended to read:
16 Section 9. Effective July 1, 2003 2001, subsection
17 (11) of s. 550.615, Florida Statutes, is repealed.
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19 (Redesignate subsequent sections.)
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22 ================ T I T L E A M E N D M E N T ===============
23 And the title is amended as follows:
24 On page 2, line 27, after the semicolon,
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26 insert:
27 amending s. 4 of chapter 98-190, Laws of
28 Florida; delaying the effective date of
29 provisions repealing tax requirements for
30 certain thoroughbred permitholders operating in
31 multiple tax periods; amending s. 9 of chapter
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SENATE AMENDMENT
Bill No. CS/CS/HB 725, 1st Eng.
Amendment No.
1 98-190, Laws of Florida; delaying the repeal of
2 s. 550.615(11), F.S., relating to intertrack
3 wagering broadcasts;
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