SENATE AMENDMENT
    Bill No. CS for SB 1692, 1st Eng.
    Amendment No. ___   Barcode 892506
                            CHAMBER ACTION
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11  Senator Garcia moved the following amendment to amendment
12  (365109):
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14         Senate Amendment (with title amendment) 
15         On page 8, between lines 26 and 27
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17  insert:  
18         Section 6.  There is hereby created a committee of the
19  Legislature to study the condition of thoroughbred horse
20  racing in South Florida within Miami-Dade and Broward
21  Counties. Such committee shall be composed of three members of
22  the House of Representatives, appointed by the Speaker of the
23  House of Representatives, and three members of the Senate
24  appointed by the President of the Senate. The committee shall
25  appoint a chair and cochairs from its members and shall have
26  the use of and support of the staffs of either chamber as the
27  Speaker and the President shall determine. The committee shall
28  hold hearings and hear testimony on the condition of South
29  Florida thoroughbred racing in those counties and shall hear
30  evidence regarding it. The committee shall issue a report to
31  the Speaker and the President on or before June 15, 2002. The
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    11:59 AM   05/04/01                             s1692c1c-39r7d

SENATE AMENDMENT Bill No. CS for SB 1692, 1st Eng. Amendment No. ___ Barcode 892506 1 committee shall consider the historical, cultural, and 2 economic importance of the industry to the state and whether 3 any or all of the thoroughbred facilities in such counties 4 shall be preserved or acquired by the state for the best 5 interest of the people of the state. 6 Section 7. Section 9 of chapter 98-190, Laws of 7 Florida, is amended to read: 8 Section 9. Effective July 1, 2003 2001, subsection 9 (11) of s. 550.615, Florida Statutes, is repealed. 10 Section 8. Section 10 of chapter 2000-354, Laws of 11 Florida, is amended to read: 12 Section 10. Effective July 1, 2003 2001, paragraph (a) 13 of subsection (2) of section 550.09515, Florida Statutes, as 14 amended by section 4 of chapter 98-190, Laws of Florida, is 15 reenacted to read: 16 550.09515 Thoroughbred horse taxes; abandoned interest 17 in a permit for nonpayment of taxes.-- 18 (2)(a) Notwithstanding the provisions of s. 19 550.0951(3)(a), The tax on handle for live thoroughbred 20 horserace horse performances shall be 0.5 percent. subject to 21 the following: 22 1. The tax on handle per performance for live 23 thoroughbred performances is 2.25 percent of handle for 24 performances conducted during the period beginning on January 25 3 and ending March 16; .70 percent of handle for performances 26 conducted during the period beginning March 17 and ending May 27 22; and 1.5 percent of handle for performances conducted 28 during the period beginning May 23 and ending January 2. 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 2 11:59 AM 05/04/01 s1692c1c-39r7d
SENATE AMENDMENT Bill No. CS for SB 1692, 1st Eng. Amendment No. ___ Barcode 892506 1 live performances at any time of the year and shall pay 0.5 2 percent on live handle per performance. 3 4 (Redesignate subsequent sections.) 5 6 7 ================ T I T L E A M E N D M E N T =============== 8 And the title is amended as follows: 9 On page 10, line 9, after the semicolon, 10 11 insert: 12 providing for a study of thoroughbred racing in 13 Miami-Dade and Broward Counties; requiring a 14 report; amending s. 9 of ch. 98-190, Laws of 15 Florida; postponing repeal of provisions 16 relating to intertrack wagering broadcasts; 17 amending s. 10 of ch. 2000-354, Laws of 18 Florida; postponing effective date of 19 provisions modifying the tax on handle for live 20 thoroughbred performances; 21 22 23 24 25 26 27 28 29 30 31 3 11:59 AM 05/04/01 s1692c1c-39r7d