HOUSE AMENDMENT
                                                   Bill No. HB 289   Barcode 872443
    Amendment No. 3 (for drafter's use only)
                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW
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11  The Committee on Tourism offered the following:
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13         Amendment (with title amendment) 
14         On page 14, lines 1 through 2
15  remove from the bill:  all of said lines
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17  and insert in lieu thereof:  $1 million of sales tax revenues
18  annually as required pursuant to paragraph (3)(d).  If the
19  motorsports entertainment complex fails to generate $1 million
20  of sales tax revenues annually as required pursuant to
21  paragraph (3)(d), the distribution of revenues pursuant to s.
22  212.20(6)(e)7.e. shall be reduced to an amount equal to
23  $83,333 multiplied by a fraction, the numerator of which is
24  the actual revenues generated and the denominator of which is
25  $1 million.  Such reduction shall remain in effect until
26  revenues generated by the motorsports entertainment complex in
27  a consecutive 12-month period equal or exceed $1 million.  The
28  office must notify the Department of Revenue if it determines
29  that the motorsports entertainment complex is no longer
30  certified to receive distributions pursuant to 212.20, F.S.,
31  or if the amount of such distribution is to be adjusted.
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    File original & 9 copies    03/07/01                          
    hthe001                     11:57 am         00289-tu  -872443

HOUSE AMENDMENT Bill No. HB 289 Barcode 872443 Amendment No. 3 (for drafter's use only) 1 ================ T I T L E A M E N D M E N T =============== 2 And the title is amended as follows: 3 On page 1, line 13 after ";" 4 5 insert: 6 providing for a reduction of funding under 7 certain circumstances; 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2 File original & 9 copies 03/07/01 hthe001 11:57 am 00289-tu -872443