11520125, 61D-7.015 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 11520125

Notice of Proposed Rule

Department:

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Division:

Division of Pari-Mutuel Wagering

Chapter:

AUDITING

Overview

RULE:

61D-7.015	Trifecta and Superfecta Combinations (Transferred)
61D-7.024	Totalisator Requirements (Transferred)

PURPOSE:

The purpose and effect of the proposed rules will be to implement Florida Statutes pertaining to the calculation and distribution of pari-mutuel wagering activity on wagering pools, and totalisator reports and requirements.

SUMMARY:

Amends Rule 61D-7.015, F.A.C., regarding pool calculation and distribution requirements for pari-mutuel wagering activity on trifecta and superfecta combinations by removing the requirement to cap the jackpot of specific amounts, and allowing a shorter period prior to implementation for providing notice to the division. Amends Rule 61D-7.024, F.A.C., to remove obsolete and duplicative requirements for totalisator forms, systems, and reporting, and to appropriately reference revised forms for reporting of pari-mutuel and totalisator activity. The amendment to these proposed rules also removes the reference to Rule 61D-7.017, F.A.C., which has been identified for proposed repeal during the comprehensive rule review required by Executive Order 11-01.
OTHER RULES INCORPORATING THIS RULE: Rule 61D-9.005 incorporates Rule 61D-7.024, F.A.C.
EFFECT ON THOSE OTHER RULES: None

RULEMAKING AUTHORITY:

550.0251(3), (7), 550.155(1), 550.495(4) FS.

LAW:

550.0251, 550.155, 550.495 FS.

PRINT PUBLISH DATE:

5/25/2012 Vol. 38/21

COMMENTS:

From 5/25/2012 To 6/15/2012 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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