Florida Senate - 2023 (PROPOSED BILL) SPB 7044 FOR CONSIDERATION By the Committee on Regulated Industries 580-02550-23 20237044pb 1 A bill to be entitled 2 An act relating to changes in ownership of or interest 3 in pari-mutuel permits; amending s. 550.054, F.S.; 4 revising entities authorized to hold pari-mutuel 5 wagering permits and associated licenses; amending s. 6 849.086, F.S.; specifying such entities may hold a 7 license for the operation of a cardroom; providing an 8 effective date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Subsection (15) of section 550.054, Florida 13 Statutes, is amended to read: 14 550.054 Application for permit to conduct pari-mutuel 15 wagering.— 16 (15)(a) Notwithstanding any other provision of law, a 17 permit for the conduct of pari-mutuel wagering and associated 18 cardroom or slot machine licenses may only be held by a 19 permitholder who held an operating license for the conduct of 20 pari-mutuel wagering for fiscal year 2020-2021 or who holds a 21 permit issued pursuant to s. 550.3345 or by a purchaser, 22 transferee, or assignee of a valid permit for the conduct of 23 pari-mutuel wagering if approved by the commission before such 24 purchase, transfer, or assignment and provided that the 25 commission does not approve or issue an additional permit for 26 the conduct of pari-mutuel wagering; 27 (b) All permits issued under this chapter held by 28 permitholders on January 1, 2021, are deemed valid for the sole 29 and exclusive purpose of satisfying all conditions for the valid 30 issuance of the permits, if such permitholder held an operating 31 license for the conduct of pari-mutuel wagering for fiscal year 32 2020-2021 or if such permitholder held a permit issued pursuant 33 to s. 550.3345; 34 (c) Additional permits for the conduct of pari-mutuel 35 wagering may not be approved or issued by the commission or 36 former Division of Pari-mutuel Wagering after January 1, 2021; 37 and 38 (d) A permit to conduct pari-mutuel wagering may not be 39 converted to another class of permit. 40 Section 2. Paragraph (c) of subsection (5) of section 41 849.086, Florida Statutes, is amended to read: 42 849.086 Cardrooms authorized.— 43 (5) LICENSE REQUIRED; APPLICATION; FEES.—No person may 44 operate a cardroom in this state unless such person holds a 45 valid cardroom license issued pursuant to this section. 46 (c) Notwithstanding any other provision of law, a pari 47 mutuel permitholder, other than a permitholder issued a permit 48 pursuant to s. 550.3345 or a purchaser, transferee, or assignee 49 holding a valid permit for the conduct of pari-mutuel wagering 50 approved pursuant to s. 550.054(15)(a), may not be issued a 51 license for the operation of a cardroom if the permitholder did 52 not hold an operating license for the conduct of pari-mutuel 53 wagering for fiscal year 2020-2021. In order for an initial 54 cardroom license to be issued to a thoroughbred permitholder 55 issued a permit pursuant to s. 550.3345, the applicant must have 56 requested, as part of its pari-mutuel annual license 57 application, to conduct at least a full schedule of live racing. 58 In order for a cardroom license to be renewed by a thoroughbred 59 permitholder, the applicant must have requested, as part of its 60 pari-mutuel annual license application, to conduct at least 90 61 percent of the total number of live performances conducted by 62 such permitholder during either the state fiscal year in which 63 its initial cardroom license was issued or the state fiscal year 64 immediately prior thereto if the permitholder ran at least a 65 full schedule of live racing or games in the prior year. 66 Section 3. This act shall take effect upon becoming a law.