Fla. Stat. 550.1645
Escheat to state of abandoned interest in or contribution to pari-mutuel pools

(1)

It is the public policy of the state, while protecting the interest of the owners, to possess all unclaimed and abandoned interest in or contribution to certain pari-mutuel pools conducted in this state under this chapter, for the benefit of all the people of the state; and this law shall be liberally construed to accomplish such purpose.

(2)

Except as otherwise provided in this chapter, all money or other property represented by any unclaimed, uncashed, or abandoned pari-mutuel ticket which has remained in the custody of or under the control of any licensee authorized to conduct pari-mutuel pools in this state for a period of 1 year after the date the pari-mutuel ticket was issued, if the rightful owner or owners thereof have made no claim or demand for such money or other property within the aforesaid period of time, is hereby declared to have escheated to or to escheat to, and to have become the property of, the state.

(3)

All money or other property that has escheated to and become the property of the state as provided herein, and which is held by such licensee authorized to conduct pari-mutuel pools in this state, shall be paid by such licensee to the Chief Financial Officer annually within 60 days after the close of the race meeting of the licensee. Such moneys so paid by the licensee to the Chief Financial Officer shall be deposited in the State School Fund to be used for the support and maintenance of public free schools as required by s. 6, Art. IX of the State Constitution.

Source: Section 550.1645 — Escheat to state of abandoned interest in or contribution to pari-mutuel pools, https://www.­flsenate.­gov/Laws/Statutes/2024/0550.­1645 (accessed Aug. 7, 2025).

550.001
Short title 550.002
Definitions 550.054
Application for permit to conduct pari-mutuel wagering 550.70
Jai alai general provisions 550.71
Operation of ch. 96-364 550.105
Occupational licenses of racetrack employees 550.0115
Permitholder operating license 550.125
Uniform reporting system 550.135
Division of moneys derived under this law 550.155
Pari-mutuel pool within track enclosure 550.175
Petition for election to revoke permit 550.235
Conniving to prearrange result of race or jai alai game 550.0235
Limitation of civil liability 550.0251
Powers and duties of the Florida Gaming Control Commission 550.255
Penalty for conducting unauthorized race meeting 550.285
Obtaining feed or other supplies for racehorses or greyhound racing dogs with intent to defraud 550.334
Quarter horse racing 550.0351
Charity days 550.375
Operation of certain harness tracks 550.0425
Minors attendance at pari-mutuel performances 550.475
Lease of pari-mutuel facilities by pari-mutuel permitholders 550.495
Totalisator licensing 550.505
Nonwagering permits 550.0555
Greyhound dogracing permits 550.615
Intertrack wagering 550.625
Intertrack wagering 550.0651
Elections for ratification of permits 550.0745
Summer jai alai permit periods of operation 550.901
Interstate Compact on Licensure of Participants in Pari-mutuel Wagering 550.902
Purposes 550.903
Definitions 550.904
Entry into force 550.905
States eligible to join compact 550.906
Withdrawal from compact 550.907
Compact committee 550.908
Powers and duties of compact committee 550.909
Voting requirements 550.910
Administration and management 550.911
Immunity from liability for performance of official responsibilities and duties 550.912
Rights and responsibilities of each party state 550.913
Construction and severability 550.0951
Payment of daily license fee and taxes 550.1155
Authority of stewards, judges, panel of judges, or player’s manager to impose penalties against occupational licensees 550.01215
License application 550.1625
Dogracing 550.1645
Escheat to state of abandoned interest in or contribution to pari-mutuel pools 550.1646
Credit for unclaimed property remitted to state 550.1647
Greyhound permitholders 550.1815
Certain persons prohibited from holding racing or jai alai permits 550.2415
Racing of animals under certain conditions prohibited 550.2614
Distribution of certain funds to a horsemen’s association 550.2625
Horseracing 550.2633
Horseracing 550.2704
Jai Alai Tournament of Champions Meet 550.3345
Conversion of quarter horse permit to a limited thoroughbred permit 550.3355
Harness track licenses for summer quarter horse racing 550.3551
Transmission of racing and jai alai information 550.3615
Bookmaking on the grounds of a permitholder 550.3616
Racing greyhounds or other dogs prohibited 550.5251
Florida thoroughbred racing 550.6305
Intertrack wagering 550.6308
Limited intertrack wagering license 550.6315
Applicability of s 550.6325
Uncashed tickets and breakage tax 550.6335
Surcharge 550.6345
Intertrack wagering 550.09511
Jai alai taxes 550.09512
Harness horse taxes 550.09514
Greyhound dogracing taxes 550.09515
Thoroughbred horse taxes 550.09516
Credit for eligible permitholders conducting thoroughbred racing 550.24055
Use of controlled substances or alcohol prohibited 550.26165
Breeders’ awards 550.26352
Breeders’ Cup Meet

Current through Fall 2025

§ 550.1645. Escheat to state of abandoned interest in or contribution to pari-mutuel pools's source at flsenate​.gov