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FL H0805
Bill
Status
3/14/2020
Primary Sponsor
Kionne McGhee
Click for details
AI Summary
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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
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Fund receives money from the greyhound racing compensation tax and from funds received pursuant to s. 550.914(3)
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Fund balances carry forward at the end of each fiscal year rather than reverting to general revenue
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Trust fund terminates on July 1, 2024, unless renewed, with mandatory review before termination as required by the State Constitution
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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