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PCB COM 24-01 — An Act Relating to the Fantasy Sports Contest Amusement Act (2024)

Summary

Proposed committee bill PCB COM 24-01 (2024), a bill to be entitled An act relating to the Fantasy Sports Contest Amusement Act. The bill's title says it provides a short title and legislative findings and requires the Florida Gaming Control Commission to enforce and administer the act and adopt rules. It sets license application requirements for fantasy sports contest operators, requires consumer protection procedures and an annual independent audit by a third party, requires record keeping, and provides a civil penalty. It also exempts fantasy sports contests from certain provisions in chapter 849 and takes effect July 1, 2024.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Cite this document

“PCB COM 24-01 — An Act Relating to the Fantasy Sports Contest Amusement Act (2024).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2024-3220-commerce-committee-proposed-committee-bills-pcbs-fn-pcb-com-36703a9340/, SHA-256 3c6a0afdd2e423e10f818412e028df7b3d3b79973de99e5c59d2ea12076d41ad.

Full text

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           PCB COM 24-01                                                                                      2024




    1                                       A bill to be entitled
    2             An act relating to the Fantasy Sports Contest
    3             Amusement Act; creating s. 546.11, F.S.; providing a
    4             short title; creating s. 546.12, F.S.; providing
    5             legislative findings and intent; creating s. 546.13,
    6             F.S.; defining terms; creating s. 546.14, F.S.;
    7             requiring the Florida Gaming Control Commission to
    8             enforce and administer the act; authorizing the
    9             commission to take certain actions; requiring the
10                commission to revoke a contest operator's license
11                under certain circumstances; requiring the commission
12                to adopt rules; creating s. 546.15, F.S.; providing
13                application requirements for fantasy sports contest
14                operator licenses; providing that specified persons or
15                entities are not eligible for licensure under certain
16                circumstances; defining the term "convicted";
17                specifying that a contest operator license is
18                automatically suspended under certain circumstances;
19                providing an exception; requiring contest operators to
20                report certain changes in ownership or interest;
21                creating s. 546.16, F.S.; requiring a contest operator
22                to implement specified consumer protection procedures;
23                defining the term "relative"; requiring a contest
24                operator to annually contract with a third party to
25                perform an independent audit; requiring a contest
26                operator to submit the audit results to the commission

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        PCB COM 24-01                                                                                      2024




27              within a certain timeframe; requiring a contest
28              operator to use data sources that meet specified
29              requirements; creating s. 546.17, F.S.; requiring
30              contest operators to keep and maintain certain records
31              for a specified period; providing a requirement for
32              such records; requiring that such records be available
33              for audit and inspection; requiring the commission to
34              adopt rules; creating s. 546.18, F.S.; providing a
35              civil penalty; providing applicability; exempting
36              fantasy sports contests from certain provisions in ch.
37              849, F.S.; amending s. 16.71, F.S.; prohibiting the
38              Governor from soliciting or requesting certain
39              information from a person who holds a license to
40              conduct fantasy sports contests; amending s. 16.712,
41              F.S.; conforming provisions to changes made by the
42              act; amending s. 16.713, F.S.; revising prohibitions
43              relating to appointment to and employment with the
44              commission to include prohibitions relating to fantasy
45              sports contests licenses; amending s. 16.715, F.S.;
46              revising prohibitions relating to former commissioners
47              and employees of the commission to include
48              prohibitions relating to fantasy sports contests
49              licenses; amending s. 849.142, F.S.; providing that
50              specified provisions do not apply to participation in
51              or the conduct of fantasy sports contests; providing
52              an effective date.

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        PCB COM 24-01                                                                                      2024




53
54      Be It Enacted by the Legislature of the State of Florida:
55
56              Section 1.         Section 546.11, Florida Statutes, is created to
57      read:
58              546.11        Short title.—Sections 546.11-546.18 may be cited as
59      the "Fantasy Sports Contest Amusement Act."
60              Section 2.         Section 546.12, Florida Statutes, is created to
61      read:
62              546.12        Legislative intent; findings.—It is the intent of
63      the Legislature to ensure public confidence in the integrity of
64      fantasy sports contests and contest operators. This act is
65      designed to regulate the contest operators and individuals who
66      participate in such contests and to enact consumer protections
67      related to fantasy sports contests. Furthermore, the Legislature
68      finds that fantasy sports contests, as that term is define d in
69      s. 546.13, involve the skill of contest participants.
70              Section 3.         Section 546.13, Florida Statutes, is created to
71      read:
72              546.13        Definitions.—As used in ss. 546.11-546.18, the
73      term:
74              (1)         "Act" means the Fantasy Sports Contest Amusement Act,
75      ss. 546.11-546.18.
76              (2)         "Commission" means the Florida Gaming Control
77      Commission.
78              (3)         "Confidential information" means information related

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         PCB COM 24-01                                                                                      2024




 79      to the playing of fantasy sports contests by contest
 80      participants which is obtained solely as a result of a person's
 81      employment with, or work as an agent of, a contest operator.
 82             (4)         "Contest operator" means a person or an entity that
 83      offers fantasy sports contests for a cash prize to members of
 84      the public, but does not include a noncommercial contest
 85      operator in this state.
 86             (5)         "Contest participant" means a person who pays an entry
 87      fee for the ability to participate in a fantasy or simulation
 88      sports game or contest offered by a contest operator or
 89      noncommercial contest operator.
 90             (6)         "Entry fee" means the cash or cash equivalent amount
 91      that a person is required to pay to a contest operator or
 92      noncommercial contest operator to participate in a fantasy
 93      sports contest.
 94             (7)         "Fantasy sports contest" means a fantasy or simulation
 95      sports game or contest offered by a contest operator or a
 96      noncommercial contest operator in which a contest participant
 97      manages a fantasy or simulation sports team composed of athletes
 98      from a professional sports organization and which meets each of
 99      the following requirements:
100             (a)         All prizes and awards offered to winning contest
101      participants are established and made known to the contest
102      participants in advance of the game or contest, and their value
103      is not determined by the number of contest participants or the
104      amount of any fees paid by those contest participants.

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         PCB COM 24-01                                                                                      2024




105             (b)         All winning outcomes reflect the relative knowledge
106      and skill of the contest participants and are determined
107      predominantly by accumulated statistical results of the
108      performance of individuals, including athletes in the case of
109      sporting events.
110             (c)         No winning outcome is based on the score, point
111      spread, or any performance or performances of any single actual
112      team or combination of such teams; solely on any single
113      performance of an individual athlete or player in a single
114      actual event; on a pari-mutuel event, as the term "pari-mutuel"
115      is defined in s. 550.002; on a game of poker or other card game;
116      or on the performances of participants in collegiate, high
117      school, or youth sporting events.
118             (d)         No casino graphics, themes, or titles, including, but
119      not limited to, depictions of slot machine-style symbols, cards,
120      dice, craps, roulette, or lotto, are displayed or depicted.
121             (8)         "Noncommercial contest operator" means a natural
122      person who organizes and conducts a fantasy or simulation sp orts
123      game in which contest participants are charged entry fees for
124      the right to participate; entry fees are collected, maintained,
125      and distributed by the same natural person; the total entry fees
126      collected, maintained, and distributed by such natural perso n do
127      not exceed $1,500 per season or a total of $10,000 per calendar
128      year; and all entry fees are returned to the contest
129      participants in the form of prizes.
130             Section 4.         Section 546.14, Florida Statutes, is created to

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         PCB COM 24-01                                                                                      2024




131      read:
132             546.14        Enforcement and administration; rulemaking.—
133             (1)         The commission shall enforce and administer this act.
134             (2)         The commission may:
135             (a)         Conduct investigations and monitor the operation and
136      play of fantasy sports contests.
137             (b)         Review the books, accounts, and records of any current
138      or former contest operator.
139             (c)         Deny, suspend, or revoke any license under this act
140      for any violation of state law or rule.
141             (d)         Take testimony, issue summonses and subpoenas for any
142      witness, and issue subpoenas duces tecum in connection with any
143      matter within its jurisdiction.
144             (e)         Monitor and ensure the proper collection and
145      safeguarding of entry fees and the payment of contest prizes in
146      accordance with consumer protection procedures enacted pursuant
147      to s. 546.16.
148             (f)         Investigate any licensed or unlicensed person or
149      entity when such person or entity is advertising as offering or
150      providing, or is engaged in conducting, a fantasy sports contest
151      that requires licensure under this act or when a contest
152      operator or noncommercial contest operator is engaged in
153      activities that do not comply with or are prohibited by this
154      act. The commission may issue an order to such licensed or
155      unlicensed person or entity or contest operator or noncommercial
156      contest operator to cease and desist the further conduct o f such

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         PCB COM 24-01                                                                                      2024




157      activities, may seek an injunction, or may take other
158      appropriate action to enforce this act.
159             (3)         The commission must revoke a contest operator's
160      license if the contest operator offers fantasy sports contests
161      that violate s. 546.13(7)(c).
162             (4)         The commission shall adopt rules to implement and
163      administer this act.
164             Section 5.         Section 546.15, Florida Statutes, is created to
165      read:
166             546.15        Licensing; renewal.—
167             (1)         A contest operator must be licensed by the commission
168      to conduct fantasy sports contests within this state. Licenses
169      are effective for 1 year after issuance and must be renewed
170      annually.
171             (2)         The license application must include:
172             (a)         The full name of the applicant.
173             (b)         If the applicant is a corporation, the name of the
174      state in which the applicant is incorporated and the names and
175      addresses of the officers, directors, and shareholders who hold
176      15 percent or more equity.
177             (c)         If the applicant is a business entity other than a
178      corporation, the names and addresses of each principal, partner,
179      or shareholder who holds 15 percent or more equity, and any
180      person who individually or in concert with a relative
181      beneficially owns or controls, or has the power to vote or cause
182      the vote of, 15 percent or more equity. For the purposes of this

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         PCB COM 24-01                                                                                      2024




183      act, the term "relative" means a spouse, father, mother, son,
184      daughter, grandfather, grandmother, brother, sister, uncle,
185      aunt, cousin, nephew, niece, father-in-law, mother-in-law, son-
186      in-law, daughter-in-law, brother-in-law, sister-in-law,
187      stepfather, stepmother, stepson, stepdaughter, stepbrother,
188      stepsister, half brother, or half sister.
189             (d)         The names and addresses of the ultimate equitable
190      owners of the corporation or other business entity, if different
191      from those provided under paragraph (b) or paragraph (c), unless
192      the securities of the corporation or entity are registered
193      pursuant to s. 12 of the Securities Exchange Act of 1934, 15
194      U.S.C. ss. 78a-78kk, and either:
195             1.      The corporation or entity files with the United States
196      Securities and Exchange Commission the reports required by s. 13
197      of that act; or
198             2.      The securities of the corporation or entity are
199      regularly traded on an established securities market in the
200      United States.
201             (e)         The estimated number of fantasy sports contests to be
202      conducted by the applicant annually.
203             (f)         A statement of the assets and liabilities of the
204      applicant.
205             (g)         If required by the commission, the names and addresses
206      of the officers and directors of any creditor of the applicant
207      and of stockholders who hold more than 10 percent of the stock
208      of the creditor.

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         PCB COM 24-01                                                                                      2024




209             (h)         For each individual listed in the application pursuant
210      to paragraph (a), paragraph (b), paragraph (c), or paragraph
211      (d), a full set of fingerprints, to be submitted to the
212      commission or to a vendor, an entity, or an agency authorized
213      under s. 943.053(13).
214             1.      The commission, vendor, entity, or agency shall forward
215      the fingerprints to the Department of Law Enforcement for state
216      processing, and the Department of Law Enforcement shall forward
217      the fingerprints to the Federal Bureau of Investigation for
218      national processing.
219             2.      Fingerprints submitted to the Department of Law
220      Enforcement pursuant to this paragraph must be retained by the
221      Department of Law Enforcement as provided in s. 943.05(2)(g) and
222      (h) and, when the Department of Law Enforcement begins
223      participation in the program, must be enrolled in the Federal
224      Bureau of Investigation's national retained print arrest
225      notification program. The Department of Law Enforcement shall
226      report to the commission any arrest record identified.
227             (i)         For each foreign national, such documents as are
228      necessary to allow the commission to conduct criminal history
229      records checks in the individual's home country. The applicant
230      must pay the full cost of processing fingerprints and requ ired
231      documentation.
232             (3)         The application for renewal must contain all revisions
233      to the information submitted in the prior year's application
234      which are necessary to maintain such information as both

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         PCB COM 24-01                                                                                          2024




235      accurate and current.
236             (4)         The applicant for renewal must attest that any
237      revisions do not affect the applicant's qualifications for
238      license renewal.
239             (5)         Upon determination by the commission that the
240      application for renewal is complete and qualifications have been
241      met, including payment of the renewal fee, the fantasy sports
242      contests license must be renewed annually.
243             (6)         A person or an entity is not eligible for licensure as
244      a contest operator or for licensure renewal if an individual
245      required to be listed pursuant to paragraph (5)(a), paragraph
246      (5)(b), paragraph (5)(c), or paragraph (5)(d) is determined by
247      the commission, after investigation, not to be of good moral
248      character or is found to have been convicted of a felony in this
249      state, any offense in another jurisdiction which would be
250      considered a felony if committed in this state, or a felony
251      under the laws of the United States. As used in this subsection,
252      the term "convicted" means having been found guilty, with or
253      without adjudication of guilt, as a result of a jury verdict,
254      nonjury trial, or entry of a plea of guilty or nolo contendere.
255             (7)         The license of a contest operator is automatically
256      suspended upon entry of a final order imposing an administrative
257      fine against the contest operator, until the administrative fine
258      is paid, if 30 calendar days have elapsed since the entry of the
259      final order. The license of a contest operator may not be
260      renewed and an application for licensure as a contest operator

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         PCB COM 24-01                                                                                          2024




261      may not be approved if the contest operator or the applicant for
262      licensure as a contest operator is liable for an outstanding
263      administrative fine imposed under this act. Notwithstanding this
264      subsection, a contest operator's license may not be suspended
265      and an application for licensure as a contest operator may not
266      be denied if the contest operator or the applicant has an appeal
267      from a final order pending in any appellate court.
268             (8)         Changes in ownership of or interest in a fantasy
269      sports contests license of 5 percent or more of the stock or
270      other evidence of ownership or equity in the contest operator
271      must be approved by the commission before such change, unless
272      the owner is an existing owner of that license who was
273      previously approved by the commission. Changes in ownership of
274      or interest in a fantasy sports contests license of less than 5
275      percent must be reported to the commission within 20 days after
276      the change. The commission may then conduct an investigation to
277      ensure that the license is properly updated to show the change
278      in ownership or interest.
279             Section 6.         Section 546.16, Florida Statutes, is created to
280      read:
281             546.16        Consumer protection.—
282             (1)         A contest operator shall implement procedures for
283      fantasy sports contests which:
284             (a)         Prevent its employees, their relatives, or persons
285      living in the same household as the employees from competing in
286      a fantasy sports contest in which a cash prize is awarded.

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         PCB COM 24-01                                                                                          2024




287      However, a contest operator may offer to its employees fantasy
288      sports contests in which the employees are the sole
289      participants. For the purposes of this paragraph, the term
290      "relative" means a spouse, father, mother, son, daughter,
291      grandfather, grandmother, brother, sister, uncle, aunt, cousin,
292      nephew, niece, father-in-law, mother-in-law, son-in-law,
293      daughter-in-law, brother-in-law, sister-in-law, stepfather,
294      stepmother, stepson, stepdaughter, stepbrother, stepsister, half
295      brother, or half sister.
296             (b)         Prohibit the contest operator from being a contest
297      participant in a fantasy sports contest that the contest
298      operator offers.
299             (c)         Prevent its employees or agents from sharing with a
300      third party confidential information that could affect fantasy
301      sports contest play, until the information has been made
302      publicly available.
303             (d)         Verify that contest participants are 21 years of age
304      or older.
305             (e)         Restrict an individual who is a player, a game
306      official, or other participant in a real-world game or
307      competition from participating in a fantasy sports contest that
308      is determined, in whole or in part, on the performance of that
309      individual, the individual's real-world team, or the accumulated
310      statistical results of the sport or competition in which he or
311      she is a player, game official, or other participant.
312             (f)         Allow individuals to restrict or prevent their own

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         PCB COM 24-01                                                                                          2024




313      access to fantasy sports contests and take reasonable steps to
314      prevent those individuals from entering a fantasy sports
315      contest.
316             (g)         Limit the number of entries a single contest
317      participant may submit to each fantasy sports contest and take
318      reasonable steps to prevent participants from submitting more
319      than the allowable number of entries.
320             (h)         Segregate contest participants' funds from operational
321      funds or maintain a reserve in the form of cash, cash
322      equivalents, payment processor reserves, payment processor
323      receivables, an irrevocable letter of credit, a bond, or a
324      combination thereof in the total amount of deposits in contest
325      participants' accounts for the benefit and protection of
326      authorized contest participants' funds held in fantasy sports
327      contest accounts.
328             (2)(a)        A contest operator shall annually contract with a
329      third party to perform an independent audit, consistent with the
330      standards established by the American Institute of Certified
331      Public Accountants, to ensure compliance with this act. The
332      contest operator shall submit the results of the independent
333      audit to the commission no later than 90 days after the end of
334      each annual licensing period.
335             (b)         Any data source and the corresponding data to
336      determine the results of all fantasy sports contests offered by
337      contest operators, other than noncommercial contest operators,
338      must be complete, accurate, reliable, and appropriate to settle

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         PCB COM 24-01                                                                                          2024




339      the outcome of the fantasy sports contests for which they are
340      used.
341             Section 7.         Section 546.17, Florida Statutes, is created to
342      read:
343             546.17        Records and reports.—Each contest operator shall
344      keep and maintain daily records of its operations and shall
345      maintain such records for at least 3 years. The records must
346      sufficiently detail all financial transactions required to
347      determine compliance with this act and must be available for
348      audit and inspection by the commission or other law enforcement
349      agencies during the contest operator's regular business hours.
350      The commission shall adopt rules to implement this section.
351             Section 8.         Section 546.18, Florida Statutes, is created to
352      read:
353             546.18        Penalties; applicability; exemption.—
354             (1)(a)        A contest operator, or an employee or agent
355      thereof, that violates this act is subject to an administrative
356      fine not to exceed $5,000 for each violation and not to exceed
357      $100,000 in the aggregate. All fines imposed and collected under
358      this subsection must be deposited with the Chief Financial
359      Officer to the credit of the General Revenue Fund. An action to
360      recover such penalties may be brought by the commission or the
361      Department of Legal Affairs in the name and on behalf of the
362      state.
363             (b)         The penalty provisions established in this subsection
364      do not apply to violations committed by a contest operator which

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         PCB COM 24-01                                                                                          2024




365      occurred before the issuance of a license under this act if the
366      contest operator applies for a license within 90 days after the
367      date the commission begins accepting applications and receives a
368      license within 240 days after such date.
369             (2)         Fantasy sports contests conducted by a contest
370      operator or noncommercial contest operator in accordance with
371      this act are not subject to s. 849.01, s. 849.08, s. 849.09, s.
372      849.11, s. 849.14, or s. 849.25.
373             Section 9.         Paragraph (b) of subsection (3) of section
374      16.71, Florida Statutes, is amended to read:
375             16.71        Florida Gaming Control Commission; creation;
376      meetings; membership.—
377             (3)         REQUIREMENTS FOR APPOINTMENT; PROHIBITIONS.—
378             (b)         The Governor may not solicit or request any
379      nominations, recommendations, or communications about potential
380      candidates for appointment to the commission from:
381             1.      Any person that holds a permit or license issued under
382      chapter 550, or a license issued under chapter 546, chapter 551,
383      or chapter 849; an officer, official, or employee of such
384      permitholder or licensee; or an ultimate equitable owner, as
385      defined in s. 550.002(37), of such permitholder or licensee;
386             2.      Any officer, official, employee, or other person with
387      duties or responsibilities relating to a gaming operation owned
388      by an Indian tribe that has a valid and active compact with the
389      state; a contractor or subcontractor of such tribe or an entity
390      employed, licensed, or contracted by such tribe; or an ultimate

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         PCB COM 24-01                                                                                           2024




391      equitable owner, as defined in s. 550.002(37), of such entity;
392      or
393               3.      Any registered lobbyist for the executive or
394      legislative branch who represents any person or entity
395      identified in subparagraph 1. or subparagraph 2.
396               Section 10.            Paragraph (i) of subsection (1) of section
397      16.712, Florida Statutes, is amended to read:
398               16.712        Florida Gaming Control Commission authorizations,
399      duties, and responsibilities.—
400               (1)         The commission shall do all of the following:
401               (i)         Receive and review violations reported by a state or
402      local law enforcement agency, the Department of Law Enforcement,
403      the Department of Legal Affairs, the Department of Agriculture
404      and Consumer Services, the Department of Business and
405      Professional Regulation, the Department of the Lottery, the
406      Seminole Tribe of Florida, or any person licensed under chapter
407      24, part II of chapter 285, chapter 546, chapter 550, chapter
408      551, or chapter 849 and determine whether such violation is
409      appropriate for referral to the Office of Statewide Prosecution.
410               Section 11.            Paragraph (d) of subsection (1) and paragraph
411      (a) of subsection (2) of section 16.713, Florida Statutes, are
412      amended to read:
413               16.713        Florida Gaming Control Commission; appointment and
414      employment restrictions.—
415               (1)         PERSONS INELIGIBLE FOR APPOINTMENT TO THE COMMISSION. —
416      The following persons are ineligible for appointment to the

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         PCB COM 24-01                                                                                          2024




417      commission:
418             (d)         A person who has had a license or permit issued under
419      chapter 546, chapter 550, chapter 551, or chapter 849 or a
420      gaming license issued by any other jurisdiction denied,
421      suspended, or revoked.
422             (2)         PROHIBITIONS FOR EMPLOYEES AND COMMISSIONERS; PERSONS
423      INELIGIBLE FOR APPOINTMENT TO AND EMPLOYMENT WITH THE
424      COMMISSION.—
425             (a)         A person may not, for the 2 years immediately
426      preceding the date of appointment to or employment with the
427      commission and while appointed to or employed with the
428      commission:
429             1.      Hold a permit or license issued under chapter 550 or a
430      license issued under chapter 546, chapter 551, or chapter 849;
431      be an officer, official, or employee of such permitholder or
432      licensee; or be an ultimate equitable owner, as defined in s.
433      550.002(37), of such permitholder or licensee;
434             2.      Be an officer, official, employee, or other person with
435      duties or responsibilities relating to a gaming operation owned
436      by an Indian tribe that has a valid and active compact with the
437      state; be a contractor or subcontractor of such tribe or an
438      entity employed, licensed, or contracted by such tribe; or be an
439      ultimate equitable owner, as defined in s. 550.002(37), of such
440      entity;
441             3.      Be a registered lobbyist for the executive or
442      legislative branch, except while a commissioner or employee of

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         PCB COM 24-01                                                                                          2024




443      the commission when officially representing the commission or
444      unless the person registered as a lobbyist for the executive or
445      legislative branch while employed by a state agency as defined
446      in s. 110.107 during the normal course of his or her employment
447      with such agency and he or she has not lobbied on behalf of any
448      entity other than a state agency during the 2 years immediately
449      preceding the date of his or her appointment to or employment
450      with the commission; or
451             4.      Be a bingo game operator or an employee of a bingo game
452      operator.
453
454      For the purposes of this subsection, the term "relative" means a
455      spouse, father, mother, son, daughter, grandfather, grandmother,
456      brother, sister, uncle, aunt, cousin, nephew, niece, father-in-
457      law, mother-in-law, son-in-law, daughter-in-law, brother-in-law,
458      sister-in-law, stepfather, stepmother, stepson, stepdaughter,
459      stepbrother, stepsister, half brother, or half sister.
460             Section 12.            Paragraphs (b) and (c) of subsection (2) of
461      section 16.715, Florida Statutes, are amended to read:
462             16.715        Florida Gaming Control Commission standards of
463      conduct; ex parte communications.—
464             (2)         FORMER COMMISSIONERS AND EMPLOYEES.—
465             (b)         A commissioner may not, for the 2 years immediately
466      following the date of resignation or termination from the
467      commission:
468             1.      Hold a permit or license issued under chapter 550, or a

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         PCB COM 24-01                                                                                          2024




469      license issued under chapter 546, chapter 551, or chapter 849;
470      be an officer, official, or employee of such permitholder or
471      licensee; or be an ultimate equitable owner, as defined in s.
472      550.002(37), of such permitholder or licensee;
473             2.      Accept employment by or compensation from a business
474      entity that, directly or indirectly, owns or controls a person
475      regulated by the commission; from a person regulated by the
476      commission; from a business entity which, directly or
477      indirectly, is an affiliate or subsidiary of a person regulated
478      by the commission; or from a business entity or trade
479      association that has been a party to a commission proceeding
480      within the 2 years preceding the member's resignation or
481      termination of service on the commission; or
482             3.      Be a bingo game operator or an employee of a bingo game
483      operator.
484             (c)         A person employed by the commission may not, for the 2
485      years immediately following the date of termination or
486      resignation from employment with the commission:
487             1.      Hold a permit or license issued under chapter 550, or a
488      license issued under chapter 546, chapter 551, or chapter 849;
489      be an officer, official, or employee of such permitholder or
490      licensee; or be an ultimate equitable owner, as defined in s.
491      550.002(37), of such permitholder or licensee; or
492             2.      Be a bingo game operator or an employee of a bingo game
493      operator.
494             Section 13.            Subsection (7) is added to section 849.142,

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         PCB COM 24-01                                                                                          2024




495      Florida Statutes, to read:
496             849.142        Exempted activities.—Sections 849.01, 849.08,
497      849.09, 849.11, 849.14, and 849.25 do not apply to participation
498      in or the conduct of any of the following activities:
499             (7)         Fantasy sports contests conducted pursuant to chapter
500      546.
501             Section 14.            This act shall take effect July 1, 2024.




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