Pari-Mutuel Wagering

What this bill does

Authorizes certain permitholders to choose not to conduct live racing following notice to FGCC; provides that certain permitholders are not required to pay specified tax; revises provisions related to permitholder relocation; authorizes thoroughbred racing permits to be transferred upon authorizing of commission; removes requirement for certain referendums; removes requirement that certain permits escheat to state following nonpayment of taxes; revises entity that designates certain members of board of directors of specified not-for-profit corporation; revises provisions related to facilities that may be leased.