| 1 | Representative Galvano offered the following: |
| 2 |
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| 3 | Amendment |
| 4 | Remove lines 333-350 and insert: |
| 5 | (a) The tax rate on slot machine revenues at each facility |
| 6 | shall be the product of the number 2 multiplied by the |
| 7 | percentage rate specified in the gaming compact between the |
| 8 | Seminole Tribe of Florida and( the State of Florida for the |
| 9 | purpose of determining the annual gaming revenue share that the |
| 10 | Seminole Tribe of Florida is obligated to pay to the state |
| 11 | pursuant to such gaming compact that has been ratified by the |
| 12 | Legislature and has been approved by either the Secretary of the |
| 13 | United States Department of the Interior or by operation of |
| 14 | federal law. If, during any state fiscal year, the aggregate |
| 15 | amount of tax paid to the state by all slot machine licensees in |
| 16 | Broward and Miami-Dade Counties is less than $140 million, each |
| 17 | slot machine licensee shall pay to the state within 45 days |
| 18 | after the end of the state fiscal year a surcharge equal to its |
| 19 | pro rata share of an amount equal to the difference between $140 |
| 20 | million and the amount of tax paid during the fiscal year. Each |
| 21 | licensee's pro rata share shall be an amount determined by |
| 22 | dividing the number 1 by the number of facilities licensed to |
| 23 | operate slot machines during the applicable fiscal year, |
| 24 | regardless of whether the facility is |