Florida Senate - 2018 COMMITTEE AMENDMENT Bill No. SB 374 Ì402748?Î402748 LEGISLATIVE ACTION Senate . House . . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Regulated Industries (Young) recommended the following: 1 Senate Amendment (with title amendment) 2 3 Delete everything after the enacting clause 4 and insert: 5 Section 1. Section 546.13, Florida Statutes, is created to 6 read: 7 546.13 Fantasy contests and fantasy contest operators.— 8 (1) DEFINITIONS.—As used in this section, the term: 9 (a) “Entry fee” means cash or a cash equivalent that is 10 required to be paid by a participant in order to participate in 11 a fantasy contest. 12 (b) “Fantasy contest” means a fantasy or simulated game or 13 contest in which: 14 1. The value of all prizes and awards offered to winning 15 participants is established and made known to the participants 16 in advance of the contest; 17 2. All winning outcomes reflect the relative knowledge and 18 skill of the participants and are determined predominantly by 19 accumulated statistical results of the performance of 20 individuals, including athletes in the case of sporting events; 21 3. No winning outcome is based on the score, point spread, 22 or any performance or performances of any single actual team or 23 combination of such teams, solely on any single performance of 24 an individual athlete or player in any single actual event, or 25 on the performances of participants in collegiate, high school, 26 or youth sporting events. 27 (c) “Fantasy contest operator” means a person or an entity, 28 including any employee or agent, that offers or conducts a 29 fantasy contest with an entry fee for a cash prize or award and 30 that is not a participant in the fantasy contest. 31 (2) EXEMPTIONS.—The Department of Business and Professional 32 Regulation may not regulate and the offenses established in s. 33 849.01, s. 849.08, s. 849.09, s. 849.11, s. 849.14, and s. 34 849.25 do not include or apply to a fantasy contest operated or 35 conducted by a: 36 (a) Fantasy contest operator. 37 (b) Natural person who is a participant in the fantasy 38 contest, serves as the commissioner of not more than 10 fantasy 39 contests in a calendar year, and distributes all entry fees for 40 the fantasy contest as prizes or awards to the participants in 41 that fantasy contest. 42 Section 2. This act shall take effect October 1, 2018. 43 44 ================= T I T L E A M E N D M E N T ================ 45 And the title is amended as follows: 46 Delete everything before the enacting clause 47 and insert: 48 A bill to be entitled 49 An act relating to fantasy contests; creating s. 50 546.13, F.S.; defining terms; exempting a fantasy 51 contest from certain regulations; providing an 52 effective date.