Florida Senate - 2024                        COMMITTEE AMENDMENT
       Bill No. SB 1568
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                   Comm: WD            .                                
                  02/08/2024           .                                

       The Committee on Fiscal Policy (Hutson) recommended the
    1         Senate Amendment (with title amendment)
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Section 546.11, Florida Statutes, is created to
    6  read:
    7         546.11Short title.—Sections 546.11-546.19 may be cited as
    8  the “Fantasy Sports Contest Amusement Act.”
    9         Section 2. Section 546.12, Florida Statutes, is created to
   10  read:
   11         546.12Legislative intent; findings.—It is the intent of
   12  the Legislature to ensure public confidence in the integrity of
   13  fantasy sports contests and contest operators. This act is
   14  designed to regulate the contest operators and individuals who
   15  participate in such contests and to enact consumer protections
   16  related to fantasy sports contests. Furthermore, the Legislature
   17  finds that fantasy sports contests, as that term is defined in
   18  s. 546.13, involve the skill between contest participants.
   19         Section 3. Section 546.13, Florida Statutes, is created to
   20  read:
   21         546.13Definitions.—As used in ss. 546.11-546.19, the term:
   22         (1)“Act” means the Fantasy Sports Contest Amusement Act,
   23  ss. 546.11-546.19.
   24         (2)“Commission” means the Florida Gaming Control
   25  Commission.
   26         (3)“Confidential information” means information related to
   27  the playing of fantasy sports contests by contest participants
   28  which is obtained solely as a result of a person’s employment
   29  with, or work as an agent of, a contest operator.
   30         (4)“Contest operator” means a person or an entity that
   31  offers fantasy sports contests for a cash prize to members of
   32  the public, but does not include a noncommercial contest
   33  operator in this state.
   34         (5)“Contest participant” means a person who pays an entry
   35  fee for the ability to participate in a fantasy or simulation
   36  sports game or contest offered by a contest operator or
   37  noncommercial contest operator.
   38         (6)“Entry fee” means the cash or cash equivalent amount
   39  that a person is required to pay to a contest operator or
   40  noncommercial contest operator to participate in a fantasy
   41  sports contest.
   42         (7)“Fantasy sports contest” means a fantasy or simulation
   43  sports game or contest offered by a contest operator or a
   44  noncommercial contest operator in which a contest participant
   45  manages a fantasy or simulation sports team composed of athletes
   46  from a professional sports organization and which meets each of
   47  the following requirements:
   48         (a)All prizes and awards offered to winning contest
   49  participants are established and made known to the contest
   50  participants in advance of the game or contest, and their value
   51  is not determined by the number of contest participants or the
   52  amount of any fees paid by those contest participants.
   53         (b)All winning outcomes reflect the relative knowledge and
   54  skill of the contest participants and are determined
   55  predominantly by accumulated statistical results of the
   56  performance of individuals, including athletes in the case of
   57  sporting events.
   58         (c)No winning outcome is based on the score, point spread,
   59  or any performance or performances of any single actual team or
   60  combination of such teams; solely on any single performance of
   61  an individual athlete or player in a single actual event; on a
   62  pari-mutuel event, as the term “pari-mutuel” is defined in s.
   63  550.002; on a game of poker or other card game; or on the
   64  performances of participants in collegiate, high school, or
   65  youth sporting events.
   66         (d)No casino graphics, themes, or titles, including, but
   67  not limited to, depictions of slot machine-style symbols, cards,
   68  dice, craps, roulette, or lotto, are displayed or depicted.
   69         (8)“Noncommercial contest operator” means a natural person
   70  who organizes and conducts a fantasy or simulation sports game
   71  in which contest participants are charged entry fees for the
   72  right to participate; entry fees are collected, maintained, and
   73  distributed by the same natural person; the total entry fees
   74  collected, maintained, and distributed by such natural person do
   75  not exceed $1,500 per season or a total of $10,000 per calendar
   76  year; and all entry fees are returned to the contest
   77  participants in the form of prizes.
   78         Section 4. Section 546.14, Florida Statutes, is created to
   79  read:
   80         546.14Enforcement and administration; rulemaking.—
   81         (1)The commission shall enforce and administer this act.
   82         (2)The commission may:
   83         (a)Conduct investigations and monitor the operation and
   84  play of fantasy sports contests.
   85         (b)Review the books, accounts, and records of any current
   86  or former contest operator.
   87         (c)Deny, suspend, or revoke any license under this act for
   88  any violation of state law or rule.
   89         (d)Take testimony, issue summonses and subpoenas for any
   90  witness, and issue subpoenas duces tecum in connection with any
   91  matter within its jurisdiction.
   92         (e)Monitor and ensure the proper collection and
   93  safeguarding of entry fees and the payment of contest prizes in
   94  accordance with consumer protection procedures enacted pursuant
   95  to s. 546.16.
   96         (f)Investigate any licensed or unlicensed person or entity
   97  when such person or entity is advertising as offering or
   98  providing, or is engaged in conducting, a fantasy sports contest
   99  that requires licensure under this act or when a contest
  100  operator or noncommercial contest operator is engaged in
  101  activities that do not comply with or are prohibited by this
  102  act. The commission may issue an order to such licensed or
  103  unlicensed person or entity or contest operator or noncommercial
  104  contest operator to cease and desist the further conduct of such
  105  activities, may seek an injunction, or may take other
  106  appropriate action to enforce this act.
  107         (3)The commission must revoke a contest operator’s license
  108  if the contest operator knowingly and willfully offers fantasy
  109  sports contests that violate s. 546.13(7)(c).
  110         (4)The commission shall adopt rules to implement and
  111  administer this act.
  112         Section 5. Section 546.15, Florida Statutes, is created to
  113  read:
  114         546.15Licensing; renewal.—
  115         (1)A contest operator must be licensed by the commission
  116  to conduct fantasy sports contests within this state. Licenses
  117  are effective for 1 year after issuance and must be renewed
  118  annually. Applications for a license as a contest operator are
  119  exempt from the 90-day licensing requirement of s. 120.60.
  120  Within 120 days after receipt of a complete application, the
  121  commission shall grant or deny the permit. A completed
  122  application that is not acted upon within 120 days after receipt
  123  is deemed approved, and the commission shall grant the license.
  124         (2)The license application must include:
  125         (a)The full name of the applicant.
  126         (b)If the applicant is a corporation, the name of the
  127  state in which the applicant is incorporated and the names and
  128  addresses of the officers, directors, and shareholders who hold
  129  15 percent or more equity.
  130         (c)If the applicant is a business entity other than a
  131  corporation, the names and addresses of each principal, partner,
  132  or shareholder who holds 15 percent or more equity, and any
  133  person who individually or in concert with a relative
  134  beneficially owns or controls, or has the power to vote or cause
  135  the vote of, 15 percent or more equity. For the purposes of this
  136  act, the term “relative” means a spouse, father, mother, son,
  137  daughter, grandfather, grandmother, brother, sister, uncle,
  138  aunt, cousin, nephew, niece, father-in-law, mother-in-law, son
  139  in-law, daughter-in-law, brother-in-law, sister-in-law,
  140  stepfather, stepmother, stepson, stepdaughter, stepbrother,
  141  stepsister, half brother, or half sister.
  142         (d)The names and addresses of the ultimate equitable
  143  owners of the corporation or other business entity if different
  144  from those provided under paragraph (b) or paragraph (c), unless
  145  the securities of the corporation or entity are registered
  146  pursuant to s. 12 of the Securities Exchange Act of 1934, 15
  147  U.S.C. ss. 78a-78kk, and either:
  148         1.The corporation or entity files with the United States
  149  Securities and Exchange Commission the reports required by s. 13
  150  of that act; or
  151         2.The securities of the corporation or entity are
  152  regularly traded on an established securities market in the
  153  United States.
  155  As used in this section, the term “ultimate equitable owner”
  156  means a natural person who, directly or indirectly, owns or
  157  controls 5 percent or more of an ownership interest in a
  158  corporation, foreign corporation, or alien business
  159  organization, regardless of whether such person owns or controls
  160  such ownership through one or more natural persons or one or
  161  more proxies, powers of attorney, nominees, corporations,
  162  associations, partnerships, trusts, joint stock companies, or
  163  other entities or devices, or any combination thereof.
  164         (e)The estimated number of fantasy sports contests to be
  165  conducted by the applicant annually.
  166         (f)A statement of the assets and liabilities of the
  167  applicant.
  168         (g)If required by the commission, the names and addresses
  169  of the officers and directors of any creditor of the applicant
  170  and of stockholders who hold more than 10 percent of the stock
  171  of the creditor.
  172         (h)For each individual listed in the application pursuant
  173  to paragraph (a), paragraph (b), paragraph (c), or paragraph
  174  (d), a full set of fingerprints, to be submitted to the
  175  commission or to a vendor, an entity, or an agency authorized
  176  under s. 943.053(13).
  177         1.The commission, vendor, entity, or agency shall forward
  178  the fingerprints to the Department of Law Enforcement for state
  179  processing, and the Department of Law Enforcement shall forward
  180  the fingerprints to the Federal Bureau of Investigation for
  181  national processing.
  182         2.Fingerprints submitted to the Department of Law
  183  Enforcement pursuant to this paragraph must be retained by the
  184  Department of Law Enforcement as provided in s. 943.05(2)(g) and
  185  (h) and, when the Department of Law Enforcement begins
  186  participation in the program, must be enrolled in the Federal
  187  Bureau of Investigation’s national retained print arrest
  188  notification program. The Department of Law Enforcement shall
  189  report to the commission any arrest record identified.
  190         (i)For each foreign national, such documents as are
  191  necessary to allow the commission to conduct criminal history
  192  records checks in the individual’s home country. The applicant
  193  must pay the full cost of processing fingerprints and required
  194  documentation.
  195         (3) The application for renewal must contain all revisions
  196  to the information submitted in the prior year’s application
  197  which are necessary to maintain such information as both
  198  accurate and current.
  199         (4) The applicant for renewal must attest that any
  200  revisions do not affect the applicant’s qualifications for
  201  license renewal.
  202         (5) Upon determination by the commission that the
  203  application for renewal is complete and qualifications have been
  204  met, including payment of the renewal fee, the fantasy sports
  205  contests license must be renewed annually.
  206         (6)A person or an entity is not eligible for licensure as
  207  a contest operator or for licensure renewal if an individual
  208  required to be listed pursuant to paragraph (2)(a), paragraph
  209  (2)(b), paragraph (2)(c), or paragraph (2)(d) is determined by
  210  the commission, after investigation, not to be of good moral
  211  character or is found to have been convicted of a felony in this
  212  state, any offense in another jurisdiction which would be
  213  considered a felony if committed in this state, or a felony
  214  under the laws of the United States. As used in this subsection,
  215  the term “convicted” means having been found guilty, with or
  216  without adjudication of guilt, as a result of a jury verdict,
  217  nonjury trial, or entry of a plea of guilty or nolo contendere.
  218         (7)The commission, notwithstanding chapter 120, may
  219  summarily suspend the license of a contest operator if the
  220  contest operator fails to pay any administrative fine imposed by
  221  entry of a final order by the commission within 30 calendar days
  222  of the date of the final order, unless a notice of appeal of
  223  such final order has been filed and is pending. Subsequent to
  224  the conclusion of any such appeal, the license of a contest
  225  operator may not be renewed, and an application for licensure as
  226  a contest operator may not be approved, if the contest operator
  227  or the applicant for licensure as a contest operator is liable
  228  for an outstanding administrative fine imposed under this act.
  229         (8) Changes in ownership of or interest in a fantasy sports
  230  contests license of 5 percent or more of the stock or other
  231  evidence of ownership or equity in the contest operator must be
  232  approved by the commission before such change, unless the owner
  233  is an existing owner of that license who was previously approved
  234  by the commission. Changes in ownership of or interest in a
  235  fantasy sports contests license of less than 5 percent must be
  236  reported to the commission within 20 days after the change. The
  237  commission may then conduct an investigation to ensure that the
  238  license is properly updated to show the change in ownership or
  239  interest.
  240         Section 6. Section 546.16, Florida Statutes, is created to
  241  read:
  242         546.16Consumer protection.—
  243         (1)A contest operator shall implement procedures for
  244  fantasy sports contests which:
  245         (a)Prevent its employees, their relatives, or persons
  246  living in the same household as the employees from competing in
  247  a fantasy sports contest in which a cash prize is awarded.
  248  However, a contest operator may offer to its employees fantasy
  249  sports contests in which the employees are the sole contest
  250  participants. For the purposes of this paragraph, the term
  251  “relative” means a spouse, father, mother, son, daughter,
  252  grandfather, grandmother, brother, sister, uncle, aunt, cousin,
  253  nephew, niece, father-in-law, mother-in-law, son-in-law,
  254  daughter-in-law, brother-in-law, sister-in-law, stepfather,
  255  stepmother, stepson, stepdaughter, stepbrother, stepsister, half
  256  brother, or half sister.
  257         (b)Prohibit the contest operator, its employees, or its
  258  agents from competing against contest participants or being a
  259  contest participant in a fantasy sports contest that the contest
  260  operator offers.
  261         (c)Prevent its employees or agents from sharing with a
  262  third party confidential information that could affect fantasy
  263  sports contest play, until the information has been made
  264  publicly available.
  265         (d)Verify that contest participants are 21 years of age or
  266  older.
  267         (e)Restrict an individual who is a player, a game
  268  official, or other participant in a real-world game or
  269  competition from participating in a fantasy sports contest that
  270  is determined, in whole or in part, on the performance of that
  271  individual, the individual’s real-world team, or the accumulated
  272  statistical results of the sport or competition in which he or
  273  she is a player, game official, or other participant.
  274         (f)Allow individuals to restrict or prevent their own
  275  access to fantasy sports contests and take reasonable steps to
  276  prevent those individuals from entering a fantasy sports
  277  contest.
  278         (g)Limit the number of entries a single contest
  279  participant may submit to each fantasy sports contest and take
  280  reasonable steps to prevent contest participants from submitting
  281  more than the allowable number of entries.
  282         (h)Segregate contest participants’ funds from operational
  283  funds or maintain a reserve in the form of cash, cash
  284  equivalents, payment processor reserves, payment processor
  285  receivables, an irrevocable letter of credit, a bond, or a
  286  combination thereof in the total amount of deposits in contest
  287  participants’ accounts for the benefit and protection of
  288  authorized contest participants’ funds held in fantasy sports
  289  contest accounts.
  290         (2)(a)A contest operator shall annually contract with a
  291  third party to perform an independent audit, consistent with the
  292  standards established by the American Institute of Certified
  293  Public Accountants, to ensure compliance with this act. The
  294  contest operator shall submit the results of the independent
  295  audit to the commission no later than 120 days after the end of
  296  each annual licensing period.
  297         (b)Any data source and the corresponding data to determine
  298  the results of all fantasy sports contests offered by contest
  299  operators, other than noncommercial contest operators, must be
  300  complete, accurate, reliable, and appropriate to settle the
  301  outcome of the fantasy sports contests for which they are used.
  302         Section 7. Section 546.17, Florida Statutes, is created to
  303  read:
  304         546.17Records and reports.—Each contest operator shall
  305  keep and maintain daily records of its operations and shall
  306  maintain such records for at least 3 years. The records must
  307  sufficiently detail all financial transactions required to
  308  determine compliance with this act and must be available for
  309  audit and inspection by the commission or other law enforcement
  310  agencies during the contest operator’s regular business hours.
  311  The commission shall adopt rules to implement this section.
  312         Section 8. Section 546.18, Florida Statutes, is created to
  313  read:
  314         546.18Prohibitions.—
  315         (1) As used in this section, the term:
  316         (a) “Proposition selection” means a contest participant
  317  choosing whether one or more identified instances or statistical
  318  achievements within a sporting event, competition, or contest
  319  will or will not occur, be achieved, or be surpassed, or
  320  engaging in any other in-play wagering in which a contest
  321  participant wagers on a specific outcome or combinations of
  322  outcomes within such sporting event, competition, or contest.
  323         (b) “Sports betting” means wagering on any past or future
  324  professional sport or athletic event, competition, or contest;
  325  any Olympic or international sports competition event; any
  326  collegiate sport or athletic event; any motor vehicle race; or
  327  any portion of any of the foregoing, including, but not limited
  328  to, the individual performance statistics of an athlete or other
  329  individual participant in any event or combination of events, or
  330  any other in-play wagering with respect to any such sporting
  331  event, competition, or contest.
  332         (2)A contest operator may not offer a fantasy sports
  333  contest that includes any of the following:
  334         (a) A contest participant making a proposition selection or
  335  having the effect of mimicking a proposition selection.
  336         (b) Any fantasy sports contest in which a contest
  337  participant competes against the contest operator.
  338         (c) A selection or assembly of a fantasy or simulation
  339  sports team which does not involve the knowledge and skill of a
  340  contest participant, including, but not limited to, any of the
  341  following:
  342         1. Auto draft functionality, except for a fantasy sports
  343  contest in which a contest participant is required to exert
  344  knowledge and skill to rank, prioritize, or queue athletes
  345  before the draft or to assemble one or more fantasy or
  346  simulation sports teams from a pool of athletes drafted by a
  347  contest participant;
  348         2. A contest participant selecting a fantasy or simulation
  349  sports team preselected by a contest operator; or
  350         3. Any other means of fantasy or simulation sports team
  351  selection or assembly that does not involve the input or control
  352  of a contest participant.
  353         (d) Any fantasy sports contests that involve, result in, or
  354  have the effect of mimicking sports betting.
  355         (e) Any fantasy sports contest in which any statistical
  356  results of the performance of any individual athletes that
  357  determine the outcome of the fantasy or simulation sports game
  358  have been partially or completely determined and are publicly
  359  known at the time any entry fee from any contest participant is
  360  to be collected.
  361         (f) Any fantasy sports contests prohibited by the
  362  commission or by state or federal law.
  363         (3) A fantasy sports contest operator may not offer a
  364  fantasy sports contest to any person located on Indian lands in
  365  Florida that are regulated under the Indian Gaming Regulatory
  366  Act defined in s. 285.710 and codified at 25 U.S.C., ss. 2701 et
  367  seq. and 18 U.S.C., ss. 1166-1168. For the purposes of
  368  identifying Indian lands, the commission may, but is not
  369  required to, provide descriptions of such Indian lands to a
  370  fantasy contest operator seeking to operate in this state.
  371         Section 9. Section 546.19, Florida Statutes, is created to
  372  read:
  373         546.19Penalties; applicability; exemption.—
  374         (1)(a)Except as provided in paragraph (b), a contest
  375  operator who knowingly and willfully violates this act is
  376  subject to an administrative fine not to exceed $25,000 for each
  377  violation and not to exceed $5,000,000 in the aggregate. For
  378  other violations of this act, a contest operator or an employee
  379  or agent thereof is subject to an administrative fine not to
  380  exceed $5,000 for each day of the violation and not to exceed
  381  $100,000 in the aggregate. All fines imposed and collected under
  382  this subsection must be deposited with the Chief Financial
  383  Officer to the credit of the General Revenue Fund. An action to
  384  recover such penalties may be brought by the commission or the
  385  Department of Legal Affairs in the name and on behalf of the
  386  state.
  387         (b) A contest operator, or an employee or agent thereof,
  388  who knowingly violates s. 546.18 commits a felony of the third
  389  degree, punishable as provided in s. 775.082, s. 775.083, or s.
  390  775.084.
  391         (c)The penalty provisions established in this subsection
  392  do not apply to violations committed by a contest operator which
  393  occurred before the issuance of a license under this act if the
  394  contest operator applies for a license within 90 days after the
  395  date the commission begins accepting applications and receives a
  396  license within 240 days after such date.
  397         (2) Any person, other than a person who is a noncommercial
  398  contest operator as defined in this act, who operates a fantasy
  399  sports contest without a valid license issued as provided in
  400  this act commits a felony of the third degree, punishable as
  401  provided in s. 775.082, s. 775.083, or s. 775.084.
  402         (3)The commission, any state attorney, the statewide
  403  prosecutor, or the Attorney General may seek a temporary or
  404  permanent injunction restraining further violation of this
  405  section, and such injunction shall be issued without bond.
  406         Section 10. Paragraph (b) of subsection (3) of section
  407  16.71, Florida Statutes, is amended to read:
  408         16.71 Florida Gaming Control Commission; creation;
  409  meetings; membership.—
  411         (b) The Governor may not solicit or request any
  412  nominations, recommendations, or communications about potential
  413  candidates for appointment to the commission from:
  414         1. Any person that holds a permit or license issued under
  415  chapter 550, or a license issued under chapter 546, chapter 551,
  416  or chapter 849; an officer, official, or employee of such
  417  permitholder or licensee; or an ultimate equitable owner, as
  418  defined in s. 546.15(2) or s. 550.002(37), as applicable, of
  419  such permitholder or licensee;
  420         2. Any officer, official, employee, or other person with
  421  duties or responsibilities relating to a gaming operation owned
  422  by an Indian tribe that has a valid and active compact with the
  423  state; a contractor or subcontractor of such tribe or an entity
  424  employed, licensed, or contracted by such tribe; or an ultimate
  425  equitable owner, as defined in s. 546.15(2) or s. 550.002(37),
  426  as applicable, of such entity; or
  427         3. Any registered lobbyist for the executive or legislative
  428  branch who represents any person or entity identified in
  429  subparagraph 1. or subparagraph 2.
  430         Section 11. Paragraph (i) of subsection (1) of section
  431  16.712, Florida Statutes, is amended to read:
  432         16.712 Florida Gaming Control Commission authorizations,
  433  duties, and responsibilities.—
  434         (1) The commission shall do all of the following:
  435         (i) Receive and review violations reported by a state or
  436  local law enforcement agency, the Department of Law Enforcement,
  437  the Department of Legal Affairs, the Department of Agriculture
  438  and Consumer Services, the Department of Business and
  439  Professional Regulation, the Department of the Lottery, the
  440  Seminole Tribe of Florida, or any person licensed under chapter
  441  24, part II of chapter 285, chapter 546, chapter 550, chapter
  442  551, or chapter 849 and determine whether such violation is
  443  appropriate for referral to the Office of Statewide Prosecution.
  444         Section 12. Paragraph (d) of subsection (1) and paragraph
  445  (a) of subsection (2) of section 16.713, Florida Statutes, are
  446  amended to read:
  447         16.713 Florida Gaming Control Commission; appointment and
  448  employment restrictions.—
  450  The following persons are ineligible for appointment to the
  451  commission:
  452         (d) A person who has had a license or permit issued under
  453  chapter 546, chapter 550, chapter 551, or chapter 849 or a
  454  gaming license issued by any other jurisdiction denied,
  455  suspended, or revoked.
  459         (a) A person may not, for the 2 years immediately preceding
  460  the date of appointment to or employment with the commission and
  461  while appointed to or employed with the commission:
  462         1. Hold a permit or license issued under chapter 550 or a
  463  license issued under chapter 546, chapter 551, or chapter 849;
  464  be an officer, official, or employee of such permitholder or
  465  licensee; or be an ultimate equitable owner, as defined in s.
  466  546.15(2) or s. 550.002(37), as applicable, of such permitholder
  467  or licensee;
  468         2. Be an officer, official, employee, or other person with
  469  duties or responsibilities relating to a gaming operation owned
  470  by an Indian tribe that has a valid and active compact with the
  471  state; be a contractor or subcontractor of such tribe or an
  472  entity employed, licensed, or contracted by such tribe; or be an
  473  ultimate equitable owner, as defined in s. 546.15(2) or s.
  474  550.002(37), as applicable, of such entity;
  475         3. Be a registered lobbyist for the executive or
  476  legislative branch, except while a commissioner or employee of
  477  the commission when officially representing the commission or
  478  unless the person registered as a lobbyist for the executive or
  479  legislative branch while employed by a state agency as defined
  480  in s. 110.107 during the normal course of his or her employment
  481  with such agency and he or she has not lobbied on behalf of any
  482  entity other than a state agency during the 2 years immediately
  483  preceding the date of his or her appointment to or employment
  484  with the commission; or
  485         4. Be a bingo game operator or an employee of a bingo game
  486  operator.
  488  For the purposes of this subsection, the term “relative” means a
  489  spouse, father, mother, son, daughter, grandfather, grandmother,
  490  brother, sister, uncle, aunt, cousin, nephew, niece, father-in
  491  law, mother-in-law, son-in-law, daughter-in-law, brother-in-law,
  492  sister-in-law, stepfather, stepmother, stepson, stepdaughter,
  493  stepbrother, stepsister, half brother, or half sister.
  494         Section 13. Paragraphs (b) and (c) of subsection (2) of
  495  section 16.715, Florida Statutes, are amended to read:
  496         16.715 Florida Gaming Control Commission standards of
  497  conduct; ex parte communications.—
  499         (b) A commissioner may not, for the 2 years immediately
  500  following the date of resignation or termination from the
  501  commission:
  502         1. Hold a permit or license issued under chapter 550, or a
  503  license issued under chapter 546, chapter 551, or chapter 849;
  504  be an officer, official, or employee of such permitholder or
  505  licensee; or be an ultimate equitable owner, as defined in s.
  506  546.15(2) or s. 550.002(37), as applicable, of such permitholder
  507  or licensee;
  508         2. Accept employment by or compensation from a business
  509  entity that, directly or indirectly, owns or controls a person
  510  regulated by the commission; from a person regulated by the
  511  commission; from a business entity which, directly or
  512  indirectly, is an affiliate or subsidiary of a person regulated
  513  by the commission; or from a business entity or trade
  514  association that has been a party to a commission proceeding
  515  within the 2 years preceding the member’s resignation or
  516  termination of service on the commission; or
  517         3. Be a bingo game operator or an employee of a bingo game
  518  operator.
  519         (c) A person employed by the commission may not, for the 2
  520  years immediately following the date of termination or
  521  resignation from employment with the commission:
  522         1. Hold a permit or license issued under chapter 550, or a
  523  license issued under chapter 546, chapter 551, or chapter 849;
  524  be an officer, official, or employee of such permitholder or
  525  licensee; or be an ultimate equitable owner, as defined in s.
  526  546.15(2) or s. 550.002(37), as applicable, of such permitholder
  527  or licensee; or
  528         2. Be a bingo game operator or an employee of a bingo game
  529  operator.
  530         Section 14. Subsection (7) is added to section 849.142,
  531  Florida Statutes, to read:
  532         849.142 Exempted activities.—Sections 849.01, 849.08,
  533  849.09, 849.11, 849.14, and 849.25 do not apply to participation
  534  in or the conduct of any of the following activities:
  535         (7) Fantasy sports contests conducted pursuant to chapter
  536  546.
  537         Section 15. This act shall take effect July 1, 2024.
  539  ================= T I T L E  A M E N D M E N T ================
  540  And the title is amended as follows:
  541         Delete everything before the enacting clause
  542  and insert:
  543                        A bill to be entitled                      
  544         An act relating to the Fantasy Sports Contest
  545         Amusement Act; creating s. 546.12, F.S.; providing
  546         legislative findings and intent; creating s. 546.13,
  547         F.S.; defining terms; creating s. 546.14, F.S.;
  548         requiring the Florida Gaming Control Commission to
  549         enforce and administer the act; authorizing the
  550         commission to take certain actions; requiring the
  551         commission to revoke a contest operator’s license
  552         under certain circumstances; requiring the commission
  553         to adopt rules; creating s. 546.15, F.S.; providing
  554         application requirements for fantasy sports contest
  555         operator licenses; exempting such applications from a
  556         specified requirement; providing that specified
  557         persons or entities are not eligible for licensure
  558         under certain circumstances; defining terms;
  559         specifying that a contest operator’s license is
  560         suspended under certain circumstances; providing an
  561         exception; requiring that certain changes in ownership
  562         or interest be approved by the commission; requiring
  563         contest operators to report to the commission certain
  564         changes in ownership or interest; authorizing the
  565         commission to conduct investigations; creating s.
  566         546.16, F.S.; requiring a contest operator to
  567         implement specified consumer protection procedures;
  568         defining the term “relative”; requiring a contest
  569         operator to annually contract with a third party to
  570         perform an independent audit; requiring a contest
  571         operator to submit the audit results to the commission
  572         within a certain timeframe; requiring a contest
  573         operator to use data sources that meet specified
  574         requirements; creating s. 546.17, F.S.; requiring
  575         contest operators to keep and maintain certain records
  576         for a specified period; providing a requirement for
  577         such records; requiring that such records be available
  578         for audit and inspection; requiring the commission to
  579         adopt rules; creating s. 546.18, F.S.; defining terms;
  580         prohibiting contest operators from offering certain
  581         fantasy sports contests; creating s. 546.19, F.S.;
  582         providing civil penalties; providing applicability;
  583         providing criminal penalties for certain persons who
  584         offer or operate a fantasy sports contest in violation
  585         of this act; authorizing the commission, a state
  586         attorney, the statewide prosecutor, or the Attorney
  587         General to seek an injunction restraining any further
  588         violations of this act; amending s. 16.71, F.S.;
  589         prohibiting the Governor from soliciting or requesting
  590         certain information from a person who holds a license
  591         to conduct fantasy sports contests; amending s.
  592         16.712, F.S.; conforming provisions to changes made by
  593         the act; amending s. 16.713, F.S.; revising
  594         prohibitions relating to appointment to and employment
  595         with the commission to include prohibitions relating
  596         to fantasy sports contests licenses; amending s.
  597         16.715, F.S.; revising prohibitions relating to former
  598         commissioners and employees of the commission to
  599         include prohibitions relating to fantasy sports
  600         contests licenses; amending s. 849.142, F.S.;
  601         providing that specified provisions do not apply to
  602         participation in or the conduct of fantasy sports
  603         contests; providing an effective date.