Pandemic Darlings The pandemic economy, in original documents
Home Source documents PCS for CS/HB 881 — An act relating to pari-mutuel wagering

PCS for CS/HB 881 — An act relating to pari-mutuel wagering

Summary

PCS for CS/HB 881 (2026), a bill to be entitled “An act relating to pari-mutuel wagering.” The bill title lists authorizing thoroughbred permitholders to elect not to conduct live racing or games, specifying that such permitholders retain certain permits, eligibility, exemptions, and licenses, and requiring certain thoroughbred permitholders to continue to offer live racing until providing a specific notification to the commission. It also lists provisions on thoroughbred breeders' awards and on requiring purses be funded in a specified manner and paid at a specified rate. Section 15 states that the act takes effect July 1, 2026.

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

“PCS for CS/HB 881 — An act relating to pari-mutuel wagering.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2026-3285-commerce-committee-proposed-committee-bills-pcbs-fn-pcs-for-da529a882f/, SHA-256 7f515d46588c82ddbf1bdc70102b97c273d24a4e7ee80cbf454dd8a8ca08aade.

Full text

F   L      O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




           PCS for CS/HB 881                          ORIGINAL                                                  YEAR




    1                                         A bill to be entitled
    2              An act relating to pari-mutuel wagering; amending s.
    3              550.01215, F.S.; authorizing thoroughbred
    4              permitholders to elect not to conduct live racing or
    5              games; specifying that such permitholders retain
    6              certain permits, eligibility, exemptions, and
    7              licenses; providing that certain permitholders are
    8              eligible to be a guest track; requiring certain
    9              thoroughbred permitholders to continue to offer live
10                 racing until providing a specific notification to the
11                 commission; providing notice requirements; providing
12                 applicability; amending s. 550.0351, F.S.; conforming
13                 provisions to changes made by the act; amending s.
14                 550.09515, F.S.; prohibiting reissuance of horse
15                 permits to certain permitholders who do not pay tax on
16                 handle for live races for a specified period; removing
17                 provisions requiring reissuance of escheated horse
18                 permits; amending s. 550.2614, F.S.; conforming
19                 provisions to changes made by the act; amending s.
20                 550.26165, F.S.; providing legislative purpose;
21                 requiring certain moneys to be used for a specified
22                 purpose; requiring awards be given at a uniform rate
23                 pursuant to a specified plan; requiring such plan be
24                 published in the Florida Administrative Register by a
25                 date certain; authorizing the commission to use

                                                         Page 1 of 32
        881
        CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                        V
F   L   O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




        PCS for CS/HB 881                          ORIGINAL                                                  YEAR




26              flexibility in the development and implementation of a
27              certain program; providing the source of amounts
28              available for distribution; requiring permitholders to
29              make certain payments by a specified date; revising
30              thoroughbred breeders' awards; providing eligibility
31              requirements for awards; requiring a specified
32              association to maintain certain records; authorizing
33              such association to require a fee for specified
34              services; requiring purses be funded in a specified
35              manner and paid at a specified rate; requiring awards
36              to be paid by a certain time; requiring the Florida
37              Gaming Control Commission maintain certain records;
38              requiring a certain association to immediately remit
39              specified funds to the state; requiring such funds to
40              be placed in a specified account; authorizing awards
41              to be paid for races in other states or countries;
42              requiring the commission to adopt certain rules;
43              providing underpayment requirements for permitholders;
44              authorizing the commission to adopt emergency rules;
45              repealing s. 550.2625, F.S., relating to Horseracing,
46              minimum purse requirement, Florida breeders' and
47              owners' awards; amending ss. 550.2633 and 550.26352,
48              F.S.; conforming provisions to changes made by the
49              act; amending s. 550.3345, F.S.; revising the
50              composition of a certain board of directors; revising

                                                      Page 2 of 32
     881
     CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                     V
F   L   O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




        PCS for CS/HB 881                          ORIGINAL                                                  YEAR




51              provisions relating to the conversion of quarter horse
52              permits to a limited thoroughbred permit; authorizing
53              such permit locations to be moved to a licensed
54              thoroughbred training center that meets certain
55              requirements; providing for the licensing of
56              thoroughbred training centers; prohibiting such
57              centers from being issued certain licenses; providing
58              an exception; authorizing the commission to adopt
59              rules for such licensing and oversight; providing for
60              board membership of the not-for-profit corporation;
61              providing legislative findings; preempting certain
62              local laws, charters, ordinances, resolutions,
63              regulations, policies, initiatives, or referendums;
64              providing application; amending s. 550.3551, F.S.;
65              revising the entity responsible for approving changes
66              to live racing minimums; repealing s. 550.625, F.S.,
67              relating to intertrack wagering, purses, and breeders'
68              awards; amending s. 550.6305, F.S.; revising the
69              entity to be paid certain breeders' awards; amending
70              s. 551.104, F.S.; revising specified requirements for
71              thoroughbred permitholders who have certain slot
72              machine licenses;             amending s. 849.086, F.S.; revising
73              requirements for certain permitholders who have
74              cardroom licenses; providing an effective date.
75

                                                      Page 3 of 32
     881
     CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                     V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




76       Be It Enacted by the Legislature of the State of Florida:
77               Section 1.         Paragraph (b) of subsection (1) of section
78       550.01215, Florida Statutes, is amended to read:
79               550.01215         License application; periods of operation;
80       license fees; bond.—
81               (1)     Each permitholder shall annually, during the period
82       between January 15 and February 4, file in writing with the
83       commission its application for an operating license for a pari-
84       mutuel facility for the conduct of pari-mutuel wagering during
85       the next state fiscal year, including intertrack and simulcast
86       race wagering. Each application for live performances must
87       specify the number, dates, and starting times of all live
88       performances that the permitholder intends to conduct. It must
89       also specify which performances will be conducted as charity or
90       scholarship performances.
91               (b)1.       A greyhound permitholder may not conduct live
92       racing. A jai alai permitholder, thoroughbred permitholder,
93       harness horse racing permitholder, or quarter horse racing
94       permitholder may elect not to conduct live racing or games. A
95       thoroughbred permitholder must conduct live racing. A greyhound
96       permitholder, jai alai permitholder, thoroughbred permitholder,
97       harness horse racing permitholder, or quarter horse racing
98       permitholder that does not conduct live racing or games retains
99       its permit; is a pari-mutuel facility as defined in s.
100      550.002(23); if such permitholder has been issued a slot machine

                                                       Page 4 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




101      license, the facility where such permit is located remains an
102      eligible facility as defined in s. 551.102(4), continues to be
103      eligible for a slot machine license pursuant to s. 551.104(3),
104      and is exempt from ss. 551.104(10) ss. 551.104(4)(c) and (10)
105      and 551.114(2); is eligible, but not required, to be a guest
106      track and, if the permitholder is a harness horse racing
107      permitholder or a thoroughbred permitholder, to be a host track
108      for purposes of intertrack wagering and simulcasting pursuant to
109      ss. 550.3551, 550.615, 550.625, and 550.6305; and remains
110      eligible for a cardroom license. A thoroughbred permitholder who
111      operates a slot machine facility or cardroom shall offer a full
112      schedule of live racing until such permitholder notifies the
113      commission that it will no longer offer live racing. Notice
114      under this subparagraph is not valid unless it is delivered on
115      or after July 1, 2027, and contains the date on which the
116      permitholder will no longer offer live racing, which may not be
117      earlier than 3 years after the date of the notice. The
118      permitholder is not required to deliver such notice when
119      relocating under s. 550.3345.
120              2.      A permitholder or licensee may not conduct live
121      greyhound racing or dogracing in connection with any wager for
122      money or any other thing of value in the state. The commission
123      may deny, suspend, or revoke any permit or license under this
124      chapter if a permitholder or licensee conducts live greyhound
125      racing or dogracing in violation of this subparagraph. In

                                                       Page 5 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H    O   U   S   E     O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




126      addition to, or in lieu of, denial, suspension, or revocation of
127      such permit or license, the commission may impose a civil
128      penalty of up to $5,000 against the permitholder or licensee for
129      a violation of this subparagraph. All penalties imposed and
130      collected must be deposited with the Chief Financial Officer to
131      the credit of the General Revenue Fund.
132              Section 2.         Subsection (4) of section 550.0351, Florida
133      Statutes, is amended to read:
134              550.0351          Charity days.—
135              (4)     The total of all profits derived from the conduct of a
136      charity day performance must include all revenues derived from
137      the conduct of that performance, including all state taxes that
138      would otherwise be due to the state, except that the daily
139      license fee as provided in s. 550.0951(1) and the breaks for the
140      promotional trust funds as provided in s. 550.2625(3), (4), (5),
141      (7), and (8) shall be paid to the commission. All other revenues
142      from the charity performance, including the commissions, breaks,
143      and admissions and the revenues from parking, programs, and
144      concessions, shall be included in the total of all profits.
145              Section 3.         Subsection (3) of section 550.09515, Florida
146      Statutes, is amended to read:
147              550.09515         Thoroughbred horse taxes; abandoned interest in
148      a permit for nonpayment of taxes.—
149              (3)(a)       The permit of a thoroughbred horse permitholder who
150      is conducting live thoroughbred horse performances and who does

                                                       Page 6 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H    O   U   S   E     O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




151      not pay tax on handle for live thoroughbred horse performances
152      for a full schedule of live races during any 2 consecutive state
153      fiscal years shall be void and shall not be reissued escheat to
154      and become the property of the state unless such failure to
155      operate and pay tax on handle was the direct result of fire,
156      strike, war, or other disaster or event beyond the ability of
157      the permitholder to control. Financial hardship to the
158      permitholder shall not, in and of itself, constitute just cause
159      for failure to operate and pay tax on handle.
160              (b)     In order to maximize the tax revenues to the state,
161      the commission shall reissue an escheated thoroughbred horse
162      permit to a qualified applicant pursuant to the provisions of
163      this chapter as for the issuance of an initial permit. However,
164      the provisions of this chapter relating to referendum
165      requirements for a pari-mutuel permit shall not apply to the
166      reissuance of an escheated thoroughbred horse permit. As
167      specified in the application and upon approval by the commission
168      of an application for the permit, the new permitholder shall be
169      authorized to operate a thoroughbred horse facility anywhere in
170      the same county in which the escheated permit was authorized to
171      be operated, notwithstanding the provisions of s. 550.054(2)
172      relating to mileage limitations.
173              Section 4.         Subsection (1) of section 550.2614, Florida
174      Statutes, is amended to read:
175              550.2614          Distribution of certain funds to a horsemen's

                                                       Page 7 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




176      association.—
177              (1)     Each licensee that holds a permit for thoroughbred
178      horse racing in this state shall deduct from the purses required
179      by s. 550.2625, an amount of money equal to 1 percent of the
180      total purse pool and shall pay that amount to a horsemen's
181      association representing the majority of the thoroughbred
182      racehorse owners and trainers for its use in accordance with the
183      stated goals of its articles of association filed with the
184      Department of State.
185              Section 5.         Section 550.26165, Florida Statutes, is amended
186      to read:
187              (Substantial rewording of section.
188              See s. 550.26165, F.S., for present text.)
189              550.26165         Breeders' incentives, purses, and special racing
190      awards plan.—
191              (1)     A purse structure for racehorse owners which is
192      competitive with the purses offered in other states is an
193      important factor in attracting the entry of well-bred horses in
194      race meets in this state. The availability of awards to the
195      owners and the breeders of Florida-bred racehorses, including
196      the owners of Florida-based stallions, is an important factor
197      used to incentivize the purchase of Florida-bred horses at
198      auction and to induce well-bred stallions and mares to engage in
199      breeding activities in the state. In turn, the availability of
200      these financial awards help to ensure the continuing viability

                                                       Page 8 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




201      of the thoroughbred industry in the state while simultaneously
202      producing maximum revenues from licensed racing activity for the
203      state and the counties. The purpose of this section is to
204      encourage the agricultural activity of owning, breeding, and
205      racing Florida-bred racehorses.
206              (2)     Moneys dedicated in this chapter for use as purse
207      supplements to the owners of Florida-bred racehorses as
208      breeders' awards and stallion awards are to be used to
209      incentivize the ownership and the breeding of registered
210      Florida-bred horses. Such awards shall be given at a uniform
211      rate pursuant to an annual plan developed by the commission. The
212      annual plan shall be developed with input from the Department of
213      Agriculture and Consumer Services, stakeholders in the
214      thoroughbred racing and breeding industry, and the general
215      public and published in the Florida Administrative Register by
216      January 1 for implementation during the next licensed racing
217      year. The awards programs described in this chapter must be
218      responsive to rapidly changing incentive programs in other
219      states and to accomplish this goal, the commission is authorized
220      to use flexibility in the design and implementation of a
221      competitive awards programs. The plan approved by the commission
222      shall allocate, for distribution by category, breeders' awards,
223      stallion awards, and Florida-bred purse supplements available
224      for distribution in the ensuing licensing year. The amount
225      available for distribution shall be derived from the following

                                                       Page 9 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




226      sources:
227              (a)     A minimum amount equal to 0.955 percent on all pari-
228      mutuel pools conducted on all wagering during each race meet,
229      including any intertrack race taken pursuant to ss. 550.615-
230      550.6305 or any interstate simulcast taken pursuant to s.
231      550.3551(3). This paragraph also applies to all Breeder's Cup
232      races conducted outside this state taken pursuant to s.
233      550.3551(3).
234              (b)     A minimum amount equal to 3.475 percent of the gross
235      revenue derived by the thoroughbred permitholder when serving as
236      the host track for wagering on any race originating live in this
237      state which is broadcast out-of-state to any location at which
238      wagers are accepted pursuant to s. 550.3551(2).
239
240      The permitholder conducting the races shall make the payments
241      authorized in this section to the commission for deposit into
242      the Pari-mutuel Wagering Trust Fund. The permitholder shall
243      remit to the commission such payments by the 5th day of each
244      calendar month for such sums accruing during the preceding
245      calendar month and provide any corresponding reporting as
246      prescribed by the commission. Such payments together with any
247      interest earned shall be used exclusively for the payment of
248      breeders', stallion, or special racing awards in accordance with
249      the plan established pursuant to this section.
250              (3)     In order for a breeder of a Florida-bred thoroughbred

                                                      Page 10 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




251      horse to be eligible to receive a breeder's award, the horse
252      must have been registered as a Florida-bred horse with the
253      Florida Thoroughbred Breeders' Association and the Jockey Club
254      certificate for the horse must show that the horse has been duly
255      registered as a Florida-bred horse. The Florida Thoroughbred
256      Breeders' Association may charge the registrant a reasonable fee
257      for this verification and registration not to exceed $75 per
258      horse.
259              (4)     In order for an owner of the sire of a thoroughbred
260      horse winning a stakes race to be eligible to receive a stallion
261      award, the stallion must have been registered with the Florida
262      Thoroughbred Breeders' Association and the live breeding of the
263      registered Florida-bred horse must have occurred in this state.
264      The stallion must be standing permanently in this state between
265      February 1 and June 15 of each year or, if the stallion is dead,
266      must have stood permanently in this state for a period of at
267      least 1 year immediately before its death. The removal of a
268      stallion from this state during the period of time between
269      February 1 and June 15 of any year for any reason other than
270      exclusively for prescribed medical treatment, as approved by the
271      Florida Thoroughbred Breeders' Association, renders the owner or
272      owners of the stallion ineligible to receive a stallion award
273      under any circumstances for offspring sired before removal;
274      however, if a removed stallion is returned to this state, all
275      offspring sired subsequent to the return make the owner or

                                                      Page 11 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




276      owners of the stallion eligible for the stallion award but only
277      for those offspring sired subsequent to such return to this
278      state. The Florida Thoroughbred Breeders' Association shall
279      maintain complete records showing the date the stallion arrived
280      in this state for the first time, whether or not the stallion
281      remained in the state permanently, the location of the stallion,
282      and whether the stallion is still standing in this state and
283      complete records showing awards earned, received, and
284      distributed. The Florida Thoroughbred Breeders' Association may
285      charge the stallion owner a reasonable fee for this service not
286      to exceed $75 per stallion.
287              (5)     Purses shall be funded from the pari-mutuel pools
288      conducted by the permitholder. A thoroughbred permit shall pay
289      as purses during its race meets an amount equal to 7 percent of
290      all wagers placed pursuant to s. 550.615 as purses during its
291      current race meet.
292              (6)     A permitholder conducting a thoroughbred horse race
293      under this chapter shall, within 30 days after the end of the
294      race meet during which the race is conducted, certify to the
295      commission such information relating to the thoroughbred horses
296      winning a stakes or other horserace at the meet as may be
297      required to determine the eligibility for payment of breeders',
298      stallion, and special racing awards.
299              (7)     The commission shall maintain complete records showing
300      the starters and winners in all races conducted at thoroughbred

                                                      Page 12 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




301      tracks in this state and shall maintain complete records showing
302      awards earned, received, and distributed.
303              (8)     Any funds in the possession of the Florida
304      Thoroughbred Breeders' Association which had been paid by any
305      thoroughbred permitholder as required by any provision of
306      chapter 550 or chapter 551 in effect when the payment was made
307      or by the Florida Department of Agriculture and Consumer
308      Services as required by any provision of chapter 571 in effect
309      when the payment was made shall be immediately paid to the
310      commission for deposit to the Pari-mutuel Wagering Trust Fund.
311      The commission shall authorize payment from such funds to any
312      breeder or stallion owner entitled to an award that has not been
313      previously paid by the Florida Thoroughbred Breeders'
314      Association in accordance with the applicable plan of
315      distribution.
316              (9)     Breeders' awards or stallion awards authorized under
317      this chapter, if authorized by a rule of the commission, may be
318      paid with respect to thoroughbred horse races taking place in
319      other states or countries.
320              (10)        The commission shall adopt reasonable rules to ensure
321      the timely and accurate payment of all amounts withheld by
322      horserace permitholders regarding the distribution of purses,
323      owners' awards, and other amounts collected for payment to
324      owners and breeders pursuant to this section and this chapter.
325              (11)        Each permitholder that fails to pay out all moneys

                                                      Page 13 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




326      collected for payment to owners and breeders shall, within 10
327      days after the end of the meet during which the permitholder
328      underpaid purses, deposit an amount equal to the underpayment
329      into a separate interest-bearing account established by the
330      commission, which moneys shall be distributed to owners and
331      breeders in accordance with commission rules.
332              (12)        The commission may at any time adopt emergency rules
333      pursuant to s. 120.54 to implement this section. The Legislature
334      finds that such emergency rulemaking power is necessary for the
335      preservation of the rights and welfare of the people in order to
336      provide additional funds to benefit the statewide thoroughbred
337      racing and breeding industry. The Legislature further finds that
338      the unique nature of breeding and racing operations require,
339      from time to time, that the commission respond as quickly as is
340      practicable to changes in the marketplace. Therefore, in
341      adopting such emergency rules, the commission need not make the
342      findings required by s. 120.54(4)(a). Emergency rules adopted
343      under this section are exempt from s. 120.54(4)(c) and shall
344      remain in effect until replaced by other emergency rules or by
345      rules adopted under the nonemergency rulemaking procedures of
346      the Administrative Procedure Act.
347              Section 6.         Section 550.2625, Florida Statutes, is
348      repealed.
349              Section 7.         Subsection (2) of section 550.2633, Florida
350      Statutes, is amended to read:

                                                      Page 14 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H    O   U   S   E     O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




351              550.2633          Horseracing; distribution of abandoned interest
352      in or contributions to pari-mutuel pools.—
353              (2)     All moneys or other property which has escheated to
354      and become the property of the state as provided herein and
355      which is held by a permitholder authorized to conduct pari-
356      mutuel pools in this state shall be paid annually by the
357      permitholder to the recipient designated in this subsection
358      within 60 days after the close of the race meeting of the
359      permitholder. Section 550.1645 notwithstanding, the moneys shall
360      be paid by the permitholder as follows:
361              (a)     Funds from any harness horse races shall be paid to
362      the Florida Standardbred Breeders and Owners Association and
363      shall be used for the payment of breeders' awards, stallion
364      awards, stallion stakes, additional purses, and prizes for, and
365      for the general promotion of owning and breeding of, Florida-
366      bred standardbred horses, as provided for in s. 550.2625.
367              (b)     Funds from quarter horse races shall be paid to the
368      Florida Quarter Horse Breeders and Owners Association and shall
369      be allocated solely for supplementing and augmenting purses and
370      prizes and for the general promotion of owning and breeding of
371      racing quarter horses in this state, as provided for in s.
372      550.2625.
373              Section 8.          Subsection (7) of section 550.26352, Florida
374      Statutes, is amended to read:
375              550.26352          Breeders' Cup Meet; pools authorized; conflicts;

                                                      Page 15 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H    O   U   S   E     O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




376      taxes; credits; transmission of races; rules; application.—
377              (7)     The permitholder conducting the Breeders' Cup Meet
378      shall be exempt from the payment of purses and other payments to
379      horsemen on all on-track, intertrack, interstate, and
380      international wagers or rights fees or payments arising
381      therefrom for all races for which the purse is paid or supplied
382      by Breeders' Cup Limited. The permitholder conducting the
383      Breeders' Cup Meet shall not, however, be exempt from breeders'
384      awards payments for on-track and intertrack wagers as provided
385      in ss. 550.2625(3) and 550.625(2)(a) for races in which the
386      purse is paid or supplied by Breeders' Cup Limited.
387              Section 9.         Subsection (2) of section 550.3345, Florida
388      Statutes, is amended, and subsections (4) and (5) are added to
389      that section, to read:
390              550.3345          Conversion of quarter horse permit to a limited
391      thoroughbred permit.—
392              (2)     Notwithstanding any other provision of law, the holder
393      of a quarter horse racing permit issued under s. 550.334 may,
394      within 1 year after the effective date of this section, apply to
395      the commission for a transfer of the quarter horse racing permit
396      to a not-for-profit corporation formed under state law to serve
397      the purposes of the state as provided in subsection (1). The
398      board of directors of the not-for-profit corporation must be
399      comprised of 11 members, 4 of whom shall be designated by the
400      applicant, 4 of whom shall be designated by the commission

                                                      Page 16 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




401      Florida Thoroughbred Breeders' Association, and 3 of whom shall
402      be designated by the other 8 directors, with at least 1 of these
403      3 members being an authorized representative of another
404      thoroughbred permitholder in this state. The not-for-profit
405      corporation shall submit an application to the commission for
406      review and approval of the transfer in accordance with s.
407      550.054. Upon approval of the transfer by the commission, and
408      notwithstanding any other provision of law to the contrary, the
409      not-for-profit corporation may, within 1 year after its receipt
410      of the permit, request that the commission convert the quarter
411      horse racing permit to a permit authorizing the holder to
412      conduct pari-mutuel wagering meets of thoroughbred racing.
413      Neither the transfer of the quarter horse racing permit nor its
414      conversion to a limited thoroughbred permit shall be subject to
415      the mileage limitation or the ratification election as set forth
416      under s. 550.054(2) or s. 550.0651. Upon receipt of the request
417      for such conversion, the commission shall timely issue a
418      converted permit. The converted permit and the not-for-profit
419      corporation shall be subject to the following requirements:
420              (a)     All net revenues derived by the not-for-profit
421      corporation under the thoroughbred horse racing permit and any
422      license issued to the not-for-profit corporation under chapter
423      849, after the funding of operating expenses and capital
424      improvements, shall be dedicated to the enhancement of
425      thoroughbred purses and breeders', stallion, and special racing

                                                      Page 17 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




426      awards under this chapter; the general promotion of the
427      thoroughbred horse breeding industry; and the care in this state
428      of thoroughbred horses retired from racing.
429              (b)     From December 1 through April 30, no live thoroughbred
430      racing may be conducted under the permit on any day during which
431      another thoroughbred permitholder is conducting live
432      thoroughbred racing within 125 air miles of the not-for-profit
433      corporation's pari-mutuel facility unless the other thoroughbred
434      permitholder gives its written consent.
435              (c)      After the conversion of the quarter horse racing
436      permit and the issuance of its initial license to conduct pari-
437      mutuel wagering meets of thoroughbred racing, the not-for-profit
438      corporation shall annually apply to the commission for a license
439      pursuant to s. 550.5251.
440              (d)      Racing under the permit may take place only at the
441      location for which the original quarter horse racing permit was
442      issued, which may be leased by the not-for-profit corporation
443      for that purpose; however, the not-for-profit corporation may,
444      without the conduct of any ratification election pursuant to s.
445      550.054(13) or s. 550.0651, move the location of racing under
446      the permit to either:
447              1.      Another location in the same county provided that such
448      relocation is approved under the zoning and land use regulations
449      of the applicable county or municipality; or.
450              2.      A licensed thoroughbred training center located in a

                                                      Page 18 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




451      county which has previously authorized pari-mutuel wagering. In
452      order to be licensed as a thoroughbred training center, it must
453      be designed and operated for the purpose of training, boarding,
454      and caring for thoroughbred racehorses and be capable of
455      providing instruction for sundry equestrian activities related
456      to such horses. The facility must have permanent stabling for at
457      least 1,000 horses and operate multiple racecourses of varying
458      surfaces for the training of thoroughbred racing. Each
459      racecourse must be at least 50 feet wide and 3,200 feet in
460      length. The training facility may include riding arenas, viewing
461      stands, pastures, grooming and veterinary care areas, and
462      related amenities. Notwithstanding any other provision of law,
463      such training center may not operate a cardroom, and such
464      permitholder operating the training center may not be issued a
465      cardroom operating license unless such permitholder held a valid
466      cardroom license issued before January 1, 2026. Notwithstanding
467      any other provision of law, such training center may not operate
468      a slot machine facility, and such permitholder operating the
469      training center may not be issued a slot machine facility
470      operating license.
471              (e)     A permit converted under this section and a license
472      issued to the not-for-profit corporation under chapter 849 are
473      not eligible for transfer to another person or entity.
474              (4)     In order to foster and protect the statewide
475      importance and impact of thoroughbred racing and breeding

                                                      Page 19 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




476      throughout the state, the commission may adopt rules for the
477      licensing and oversight of thoroughbred training centers in
478      Florida which host live thoroughbred racing in conjunction with
479      their training activities. Racing at such facilities shall only
480      be conducted by a permit converted under this section that has
481      provided sufficient evidence to the commission that the
482      governance of the not-for-profit corporation is controlled by
483      board comprised of three appointees from owner of the training
484      center, an individual appointed by the chair of the commission,
485      and an individual appointed by the Commissioner of the
486      Department of Agriculture and Consumer Services. The board
487      members may expand the board membership and make additional
488      appointments to the board from time to time pursuant to the
489      bylaws of the corporation.
490              (5)     The Legislature finds and declares that it has
491      exclusive preemptive authority over the conduct of all aspects
492      of the business operations conducted at licensed thoroughbred
493      training centers authorized under this section to conduct pari-
494      mutuel wagering activities at such facilities, including, but
495      not limited to, the regulation of all equestrian activities, all
496      wagering activities, and land use. As provided by law, only the
497      commission shall administer this section and regulate the
498      equestrian and pari-mutuel wagering activities conduced at, and
499      land use applicable to, licensed thoroughbred training centers
500      as authorized in this section and the rules adopted by the

                                                      Page 20 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H    O   U   S   E     O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




501      commission with respect thereto. Any provision of a local law, a
502      charter, an ordinance, a resolution, a regulation, a policy, an
503      initiative, or a referendum which is in conflict with this
504      section and which existed before, on, or after July 1, 2026, is
505      prohibited, void, and expressly preempted to the state.
506              Section 10.            Paragraph (c) of subsection (3) and paragraphs
507      (a) and (b) of subsection (6) of section 550.3551, Florida
508      Statutes, are amended to read:
509              550.3551          Transmission of racing and jai alai information;
510      commingling of pari-mutuel pools.—
511              (3)     Any horse track licensed under this chapter may
512      receive broadcasts of horseraces conducted at other horse
513      racetracks located outside this state at the racetrack enclosure
514      of the licensee, if the horse track conducted a full schedule of
515      live racing during the preceding state fiscal year, or if the
516      horse track does not conduct live racing as authorized under s.
517      550.01215.
518              (c)     All forms of pari-mutuel wagering are allowed on races
519      broadcast under this section, and all money wagered by patrons
520      on such races shall be computed as part of the total amount of
521      money wagered at each racing performance for purposes of
522      taxation under ss. 550.0951, 550.09512, and 550.09515. Section
523      550.2625(2)(a), (b), and (c) does not apply to any money wagered
524      on races broadcast under this section. Similarly, The takeout
525      shall be increased by breaks and uncashed tickets for wagers on

                                                      Page 21 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




526      races broadcast under this section, notwithstanding any contrary
527      provision of this chapter.
528              (6)(a)       A permitholder conducting live races or games may
529      not conduct fewer than eight live races or games on any
530      authorized race day except as provided in this subsection. A
531      thoroughbred permitholder may not conduct fewer than eight live
532      races on any race day without the written approval of the
533      Florida Thoroughbred Breeders' Association and the Florida
534      Horsemen's Benevolent and Protective Association, Inc., unless
535      it is determined by the commission that another entity that
536      represents a majority of the thoroughbred racehorse owners and
537      trainers conducting racing during the licensed meet in the
538      state. If conducting live racing, a harness permitholder may
539      conduct fewer than eight live races on any authorized race day.
540      Any harness horse permitholder may receive full-card broadcasts
541      of harness horse races conducted at harness racetracks outside
542      this state at the harness track of the permitholder and accept
543      wagers on such harness races.
544              (b)     Notwithstanding any other provision of this chapter,
545      any harness horse permitholder accepting broadcasts of out-of-
546      state harness horse races when such permitholder is not
547      conducting live races must make the out-of-state signal
548      available to all permitholders eligible to conduct intertrack
549      wagering and shall pay to guest tracks located as specified in
550      ss. 550.615(6) and 550.6305(9)(d) 50 percent of the net proceeds

                                                      Page 22 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H    O   U   S   E     O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




551      after taxes and fees to the out-of-state host track on harness
552      race wagers which they accept. A harness horse permitholder
553      shall be required to pay into its purse account 50 percent of
554      the net income retained by the permitholder on account of
555      wagering on the out-of-state broadcasts received pursuant to
556      this subsection. Nine-tenths of a percent of all harness
557      wagering proceeds on the broadcasts received pursuant to this
558      subsection shall be paid to the Florida Standardbred Breeders
559      and Owners Association under the provisions of s. 550.2625(4)
560      for the purposes provided therein.
561              Section 11.            Section 550.625, Florida Statutes, is
562      repealed.
563              Section 12.            Paragraphs (a), (b), and (e) of subsection (9)
564      of section 550.6305, Florida Statutes, are amended to read:
565              550.6305          Intertrack wagering; guest track payments;
566      accounting rules.—
567              (9)     A host track that has contracted with an out-of-state
568      horse track to broadcast live races conducted at such out-of-
569      state horse track pursuant to s. 550.3551(5) may broadcast such
570      out-of-state races to any guest track and accept wagers thereon
571      in the same manner as is provided in s. 550.3551.
572              (a)     For purposes of this section, "net proceeds" means the
573      amount of takeout remaining after the payment of state taxes,
574      purses required pursuant to s. 550.0951(3)(c)1., the cost to the
575      permitholder required to be paid to the out-of-state horse

                                                      Page 23 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




576      track, and breeders' awards paid to the commission Florida
577      Thoroughbred Breeders' Association and the Florida Standardbred
578      Breeders and Owners Association, to be used as set forth in this
579      chapter s. 550.625(2)(a) and (b).
580              (b)      Notwithstanding any provision of this chapter to the
581      contrary the provisions of subsection (1) and s. 550.625(1) and
582      (2)(a), the distribution of the net proceeds that are retained
583      by a thoroughbred host track from the takeout on an out-of-state
584      race rebroadcast under this subsection shall be as follows:
585              1.      One-third of the remainder of such proceeds shall be
586      paid to the guest track;
587              2.      One-third of the remainder of such proceeds shall be
588      retained by the host track; and
589              3.      One-third of the remainder of such proceeds shall be
590      paid by the host track as purses at the host track.
591              (e)      Notwithstanding any provision of this chapter to the
592      contrary the provisions of subsection (1) and s. 550.625(1) and
593      (2)(b), the proceeds that are retained by a harness host
594      facility from the takeout on a race broadcast under this
595      subsection shall be distributed as follows:
596              1.      Of the total intertrack handle on the broadcast, 1
597      percent shall be deducted from the proceeds and paid to the
598      Florida Standardbred Breeders and Owners Association, Inc., to
599      be used as set forth in s. 550.625(2)(b);
600              2.      One-third of the remainder of such proceeds shall be

                                                      Page 24 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




601      paid to the guest facility;
602              3.      One-third of the remainder of such proceeds shall be
603      retained by the host facility; and
604              4.      One-third of the remainder of said proceeds shall be
605      paid by the host facility as purses at the host facility.
606              Section 13.           Paragraphs (d) through (j) of subsection (4)
607      of section 551.104, Florida Statutes, are redesignated as
608      paragraphs (c) through (i), respectively, and paragraph (c) of
609      subsection (4) and subsection (10) of that section are amended
610      to read:
611              551.104       License to conduct slot machine gaming.—
612              (4)      As a condition of licensure and to maintain continued
613      authority for the conduct of slot machine gaming, the slot
614      machine licensee shall:
615              (c)      If a thoroughbred permitholder, conduct no fewer than
616      a full schedule of live racing or games as defined in s.
617      550.002(10). A permitholder's responsibility to conduct live
618      races or games shall be reduced by the number of races or games
619      that could not be conducted due to the direct result of fire,
620      strike, war, hurricane, pandemic, or other disaster or event
621      beyond the control of the permitholder. Beginning July 1, 2025,
622      each thoroughbred permitholder in compliance with this chapter
623      is not required to pay an annual license fee to the commission
624      as a condition of renewal.
625              (10)(a)1.         No slot machine license or renewal thereof shall

                                                      Page 25 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




626      be issued to an applicant holding a permit under chapter 550 to
627      conduct pari-mutuel wagering meets of thoroughbred racing unless
628      the applicant has on file with the commission a binding written
629      agreement between the applicant and the Florida Horsemen's
630      Benevolent and Protective Association, Inc., governing the
631      payment of purses on live thoroughbred races conducted at the
632      licensee's pari-mutuel facility. In addition, no slot machine
633      license or renewal thereof shall be issued to such an applicant
634      unless the applicant has on file with the commission a binding
635      written agreement between the applicant and the Florida
636      Thoroughbred Breeders' Association, Inc., governing the payment
637      of breeders', stallion, and special racing awards on live
638      thoroughbred races conducted at the licensee's pari-mutuel
639      facility. The agreement governing purses and the agreement
640      governing awards may direct the payment of such purses and
641      awards from revenues generated by any wagering or gaming the
642      applicant is authorized to conduct under Florida law. All purses
643      and awards shall be subject to the terms of chapter 550. All
644      sums for breeders', stallion, and special racing awards shall be
645      remitted monthly to the Florida Thoroughbred Breeders'
646      Association, Inc., for the payment of awards subject to the
647      administrative fee authorized in s. 550.2625(3).
648              2.      No slot machine license or renewal thereof shall be
649      issued to an applicant holding a permit under chapter 550 to
650      conduct pari-mutuel wagering meets of quarter horse racing

                                                      Page 26 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




651      unless the applicant has on file with the commission a binding
652      written agreement between the applicant and the Florida Quarter
653      Horse Racing Association or the association representing a
654      majority of the horse owners and trainers at the applicant's
655      eligible facility, governing the payment of purses on live
656      quarter horse races conducted at the licensee's pari-mutuel
657      facility. The agreement governing purses may direct the payment
658      of such purses from revenues generated by any wagering or gaming
659      the applicant is authorized to conduct under Florida law. All
660      purses shall be subject to the terms of chapter 550.
661              (b)     The commission shall suspend a slot machine license if
662      one or more of the agreements required under paragraph (a) are
663      terminated or otherwise cease to operate or if the commission
664      determines that the licensee is materially failing to comply
665      with the terms of such an agreement. Any such suspension shall
666      take place in accordance with chapter 120.
667              (c)1.       If an agreement required under paragraph (a) cannot
668      be reached prior to the initial issuance of the slot machine
669      license, either party may request arbitration or, in the case of
670      a renewal, if an agreement required under paragraph (a) is not
671      in place 120 days prior to the scheduled expiration date of the
672      slot machine license, the applicant shall immediately ask the
673      American Arbitration Association to furnish a list of 11
674      arbitrators, each of whom shall have at least 5 years of
675      commercial arbitration experience and no financial interest in

                                                      Page 27 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




676      or prior relationship with any of the parties or their
677      affiliated or related entities or principals. Each required
678      party to the agreement shall select a single arbitrator from the
679      list provided by the American Arbitration Association within 10
680      days of receipt, and the individuals so selected shall choose
681      one additional arbitrator from the list within the next 10 days.
682              2.      If an agreement required under paragraph (a) is not in
683      place 60 days after the request under subparagraph 1. in the
684      case of an initial slot machine license or, in the case of a
685      renewal, 60 days prior to the scheduled expiration date of the
686      slot machine license, the matter shall be immediately submitted
687      to mandatory binding arbitration to resolve the disagreement
688      between the parties. The three arbitrators selected pursuant to
689      subparagraph 1. shall constitute the panel that shall arbitrate
690      the dispute between the parties pursuant to the American
691      Arbitration Association Commercial Arbitration Rules and chapter
692      682.
693              3.      At the conclusion of the proceedings, which shall be no
694      later than 90 days after the request under subparagraph 1. in
695      the case of an initial slot machine license or, in the case of a
696      renewal, 30 days prior to the scheduled expiration date of the
697      slot machine license, the arbitration panel shall present to the
698      parties a proposed agreement that the majority of the panel
699      believes equitably balances the rights, interests, obligations,
700      and reasonable expectations of the parties. The parties shall

                                                      Page 28 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




701      immediately enter into such agreement, which shall satisfy the
702      requirements of paragraph (a) and permit issuance of the pending
703      annual slot machine license or renewal. The agreement produced
704      by the arbitration panel under this subparagraph shall be
705      effective until the last day of the license or renewal period or
706      until the parties enter into a different agreement. Each party
707      shall pay its respective costs of arbitration and shall pay one-
708      half of the costs of the arbitration panel, unless the parties
709      otherwise agree. If the agreement produced by the arbitration
710      panel under this subparagraph remains in place 120 days prior to
711      the scheduled issuance of the next annual license renewal, then
712      the arbitration process established in this paragraph will begin
713      again.
714              4.      In the event that neither of the agreements required
715      under subparagraph (a)1. or the agreement required under
716      subparagraph (a)2. are in place by the deadlines established in
717      this paragraph, arbitration regarding each agreement will
718      proceed independently, with separate lists of arbitrators,
719      arbitration panels, arbitration proceedings, and resulting
720      agreements.
721              5.      With respect to the agreements required under paragraph
722      (a) governing the payment of purses, the arbitration and
723      resulting agreement called for under this paragraph shall be
724      limited to the payment of purses from slot machine revenues
725      only.

                                                      Page 29 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




726              (d)     If any provision of this subsection or its application
727      to any person or circumstance is held invalid, the invalidity
728      does not affect other provisions or applications of this
729      subsection or chapter which can be given effect without the
730      invalid provision or application, and to this end the provisions
731      of this subsection are severable.
732              Section 14.           Paragraph (c) of subsection (5) and paragraph
733      (d) of subsection (13) of section 849.086, Florida Statutes, are
734      amended to read:
735              849.086       Cardrooms authorized.—
736              (5)     LICENSE REQUIRED; APPLICATION; FEES.—No person may
737      operate a cardroom in this state unless such person holds a
738      valid cardroom license issued pursuant to this section.
739              (c)     Notwithstanding any other provision of law, a pari-
740      mutuel permitholder, other than a permitholder issued a permit
741      pursuant to s. 550.3345 or a purchaser, transferee, or assignee
742      holding a valid permit for the conduct of pari-mutuel wagering
743      approved pursuant to s. 550.054(15)(a), may not be issued a
744      license for the operation of a cardroom if the permitholder did
745      not hold an operating license for the conduct of pari-mutuel
746      wagering for fiscal year 2020-2021. In order for an initial
747      cardroom license to be issued to a thoroughbred permitholder
748      issued a permit pursuant to s. 550.3345, the applicant must have
749      requested, as part of its pari-mutuel annual license
750      application, to conduct at least a full schedule of live racing.

                                                      Page 30 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




751      In order for a cardroom license to be renewed by a thoroughbred
752      permitholder, the applicant must have requested, as part of its
753      pari-mutuel annual license application, to conduct at least 90
754      percent of the total number of live performances conducted by
755      such permitholder during either the state fiscal year in which
756      its initial cardroom license was issued or the state fiscal year
757      immediately prior thereto if the permitholder ran at least a
758      full schedule of live racing or games in the prior year.
759              (13)        TAXES AND OTHER PAYMENTS.—
760              (d)1.        Each jai alai permitholder that conducts live
761      performances and operates a cardroom facility shall use at least
762      4 percent of such permitholder's cardroom monthly gross receipts
763      to supplement jai alai prize money during the permitholder's
764      next ensuing pari-mutuel meet.
765              2.      Each thoroughbred permitholder or harness horse racing
766      permitholder that conducts live performances and operates a
767      cardroom facility shall use at least 50 percent of such
768      permitholder's cardroom monthly net proceeds as follows: 47
769      percent to supplement purses and 3 percent to supplement
770      breeders' awards during the permitholder's next ensuing racing
771      meet.
772              2.3.        No cardroom license or renewal thereof shall be
773      issued to an applicant holding a permit under chapter 550 to
774      conduct pari-mutuel wagering meets of quarter horse racing and
775      conducting live performances unless the applicant has on file

                                                      Page 31 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V
F   L    O   R   I   D   A     H   O   U   S   E      O   F      R    E   P   R   E   S   E   N   T   A   T   I   V   E   S




         PCS for CS/HB 881                          ORIGINAL                                                  YEAR




776      with the commission a binding written agreement between the
777      applicant and the Florida Quarter Horse Racing Association or
778      the association representing a majority of the horse owners and
779      trainers at the applicant's eligible facility, governing the
780      payment of purses on live quarter horse races conducted at the
781      licensee's pari-mutuel facility. The agreement governing purses
782      may direct the payment of such purses from revenues generated by
783      any wagering or gaming the applicant is authorized to conduct
784      under Florida law. All purses shall be subject to the terms of
785      chapter 550.
786              Section 15.           This act shall take effect July 1, 2026.




                                                      Page 32 of 32
      881
      CODING: Words stricken are deletions; words underlined are additions.
                                                                                                                      V


File and source

File
2026_3285_commerce-committee_proposed-committee-bills-pcbs_fn-pcs-for-cshb-881.pdf
Size
253,039 bytes
SHA-256
7f515d46588c82ddbf1bdc70102b97c273d24a4e7ee80cbf454dd8a8ca08aade
Our copy
2026_3285_commerce-committee_proposed-committee-bills-pcbs_fn-pcs-for-cshb-881.pdf
Original
No public link identified.
Back to top