State Seal2 copy            Bill Number: H.B. 2589

            Borrelli Floor Amendment

            Reference to: printed bill

            Amendment drafted by: Zachary Dean

 

 

FLOOR AMENDMENT EXPLANATION

 

1.    Removes the ability of the Department of Gaming to retain up to 20 percent of unencumbered monies in the Racing Regulation Fund in order to reduce the regulatory wagering assessment.

 

2.    Removes the 0.5 percent cap on the regulatory wagering assessment for FY 2019.

 

3.    Establishes the Unarmed Combat Fund within the Racing Regulation Fund.

 

4.    Requires monies collected from the gross receipts tax on boxing contests to be deposited into the Unarmed Combat Fund.

 

5.    Removes the requirement that a new unique pari-mutuel wager developed by the Department be named the Cactus Pick 6.

 

6.    Makes technical changes.


 

Fifty-third Legislature                                                  Borrelli

Second Regular Session                                                  H.B. 2589

 

BORRELLI FLOOR AMENDMENT

SENATE AMENDMENTS TO H.B. 2589

(Reference to House engrossed bill)

 


Page 1, strike lines 2 through 45

Strike page 2

Page 3, strike lines 1 through 5

Renumber to conform

Page 8, strike lines 15 through 45

Page 9, strike lines 1 through 6

Renumber to conform

Strike lines 9 through 45

Strike pages 10 through 38

Renumber to conform

Page 39, strike lines 1 through 10

Page 40, line 26, after "C." insert "the department shall establish an unarmed combat subaccount within the racing regulation fund established by section 5-113.01."

Strike line 30, insert "unarmed combat subaccount of the racing regulation fund."

Page 42, line 20, strike "to be known as the cactus pick 6"

Strike lines 21 through 23

Renumber to conform

Amend title to conform


 

SONNY BORRELLI

 

2589BORRELLI0529

05/03/2018

05:29 PM

S: JO/ZD/lb