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FL H0805

Bill

Status

Failed

3/14/2020

Primary Sponsor

Kionne McGhee

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Creates the Greyhound Racing Compensation Trust Fund within the Division of Pari-mutuel Wagering to compensate those in the greyhound racing industry who suffered economic harm from the prohibition on greyhound racing and wagering

  • Fund receives money from the greyhound racing compensation tax and from funds received pursuant to s. 550.914(3)

  • Fund balances carry forward at the end of each fiscal year rather than reverting to general revenue

  • Trust fund terminates on July 1, 2024, unless renewed, with mandatory review before termination as required by the State Constitution

  • Effective date contingent on passage of HB 803 or similar legislation in the same legislative session

Legislative Description

Trust Funds/Creation/Greyhound Racing Compensation Trust Fund

Last Action

Died in Gaming Control Subcommittee

3/14/2020

Committee Referrals

Gaming Control Subcommittee12/16/2019

Full Bill Text

No bill text available