summary
Introduced
01/29/2025
01/29/2025
In Committee
02/10/2025
02/10/2025
Crossed Over
Passed
Dead
06/16/2025
06/16/2025
Introduced Session
2025 Regular Session
Bill Summary
An act relating to thoroughbred permitholders; amending s. 550.01215, F.S.; requiring certain thoroughbred permitholders to conduct a full schedule of live racing until such permitholders provide notice to the Florida Gaming Control Commission with certain information; providing that such notice is not valid unless it is delivered to the commission on or after a specified date; conforming provisions to changes made by the act; amending s. 550.0951, F.S.; revising the criteria for certain thoroughbred permitholders to pay the tax on handle for intertrack wagering; amending s. 551.104, F.S.; conforming provisions to changes made by the act; amending s. 849.086, F.S.; deleting certain criteria a thoroughbred permitholder must meet as part of its pari-mutuel annual license application in order to have its cardroom license renewed; conforming provisions to changes made by the act; reenacting ss. 550.3551(3) and 550.615(2), F.S., relating to the transmission of racing and jai alai information and commingling of pari-mutuel pools and intertrack wagering, respectively, to incorporate the amendment made to s. 550.01215, F.S., in references thereto; reenacting ss. 550.09515(5), 550.09511(3)(a), and 550.6305(9)(a), F.S., relating to thoroughbred horse taxes and abandoned interest in a permit for nonpayment of taxes; jai alai taxes and abandoned interest in a permit for nonpayment of taxes; and intertrack wagering, guest track payments, and accounting rules, respectively, to incorporate the amendment made to s. 550.0951, F.S., in references thereto; providing an effective date.
AI Summary
This bill modifies Florida's laws related to thoroughbred permitholders (horse racing track operators), primarily focusing on live racing requirements and associated licensing conditions. The bill allows thoroughbred permitholders who operate a slot machine facility or cardroom to stop conducting live racing, but only after providing notice to the Florida Gaming Control Commission on or after July 1, 2028, with a specified end date that is at least 4 years in the future. The legislation adjusts tax rates for intertrack wagering, particularly for thoroughbred tracks, and removes certain previous requirements for cardroom license renewals. Specifically, thoroughbred permitholders will no longer need to conduct a minimum percentage of live racing performances to maintain their cardroom license. The bill also modifies provisions related to purse and award payments, and ensures that permitholders can continue to participate in intertrack wagering and simulcast racing under the new conditions. These changes appear designed to provide more flexibility to thoroughbred racing permitholders while maintaining certain regulatory standards in Florida's pari-mutuel and gaming industries. The bill is set to take effect on July 1, 2025.
Committee Categories
Budget and Finance
Sponsors (1)
Other Sponsors (1)
Regulated Industries (Senate)
Last Action
Died in Appropriations Committee on Agriculture, Environment, and General Government, companion bill(s) passed, see HB 7031 (Ch. 2025-208) (on 06/16/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2025/408 |
| Analysis - Appropriations Committee on Agriculture, Environment, and General Government (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2025/408/Analyses/2025s00408.pre.aeg.PDF |
| BillText | https://www.flsenate.gov/Session/Bill/2025/408/BillText/c1/HTML |
| Analysis - Regulated Industries (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2025/408/Analyses/2025s00408.ri.PDF |
| https://www.flsenate.gov/Session/Bill/2025/408/Amendment/238598/HTML | |
| Analysis - Regulated Industries (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2025/408/Analyses/2025s00408.pre.ri.PDF |
| BillText | https://www.flsenate.gov/Session/Bill/2025/408/BillText/Filed/HTML |
| BillText | https://www.flsenate.gov/Session/Bill/2025/408/BillText/Filed/PDF |
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