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A bill to be entitled

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An act relating to pari-mutuel wagering permitholders;

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amending s. 550.054, F.S.; authorizing a jai alai

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permitholder meeting certain conditions to apply to the

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Division of Pari-mutuel Wagering of the Department of

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Business and Professional Regulation to convert a permit

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to conduct jai alai to a permit to conduct greyhound

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racing; directing the division to issue a permit and

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license to conduct greyhound racing if certain conditions

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are met; providing for the conversion of certain permits;

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providing for the applicability of certain provisions of

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state law to converted permits; providing an effective

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date.

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Be It Enacted by the Legislature of the State of Florida:

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     Section 1.  Subsection (14) is added to section 550.054,

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Florida Statutes, to read:

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     550.054  Application for permit to conduct pari-mutuel

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wagering.--

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     (14) Any holder of a permit to conduct jai alai may apply

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to the division to convert such permit to a permit to conduct

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greyhound racing in lieu of jai alai if such permit is located in

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a county where the division has issued two pari-mutuel permits

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and the holder of the permit has not conducted jai alai games

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during the 10-year period immediately preceding his or her

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application for conversion under this subsection. The division,

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upon application from the holder of a jai alai permit meeting all

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conditions of this section, shall convert the permit and shall

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issue to the holder of the permit a permit and license to conduct

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greyhound racing. The provisions of s. 550.6305(9)(d) and (f)

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shall continue to apply to any permit converted under this

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subsection which was previously included under and subject to

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such provisions.

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     Section 2.  This act shall take effect July 1, 2008.