The bill amends Section 550.475 of the Florida Statutes to allow holders of valid pari-mutuel permits to lease their facilities to other holders of the same class of permit or to jai alai permitholders located within a 35-mile radius. The new language specifies that these lessees may apply for a license to conduct intertrack wagering and operate their race meet or jai alai games at the leased facility. However, they are prohibited from operating a cardroom or slot machine at the leased facility. Additionally, any jai alai permitholder leasing a facility must conduct a minimum of 59 live performances using their existing permit and cannot operate under the lessor's permit.
The bill also includes several deletions and insertions to clarify the conditions under which these leases can occur. Notably, it changes the language from "are entitled to lease" to "may lease," and it specifies that the facilities must be located at the address listed on the permit as of January 1, 2021. The effective date for this act is set for July 1, 2025.
Statutes affected: H 709 Filed: 550.475
H 709 c1: 550.475