Florida Senate - 2013                        COMMITTEE AMENDMENT
       Bill No. SB 378
       
       
       
       
       
       
                                Barcode 559150                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/14/2013           .                                
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       The Committee on Banking and Insurance (Richter) recommended the
       following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 587 - 608
    4  and insert:
    5         (a) Before the beginning of each fiscal year, the
    6  corporation shall submit its annual operating budget, as
    7  approved by the corporation board, for the fiscal year and set
    8  forth that amount to the department in writing. One-fourth of
    9  the operating budget shall be transferred to the corporation
   10  each quarter. The department shall make the first one-fourth
   11  quarter transfer on the first business day of the fiscal year
   12  and make the remaining one-fourth quarter transfers before the
   13  second business day of the second, third, and fourth quarters.
   14  The corporation board may approve changes to the operational
   15  budget for a fiscal year by providing written notification of
   16  such changes to the department. The written notification must
   17  indicate the changes to the operational budget and the
   18  conditions that were unforeseen at the time the corporation
   19  developed the operational budget and why the changes are
   20  essential in order to continue operation of the corporation.
   21         (b) The corporation shall periodically submit requests to
   22  the department for the transfer of funds to the corporation
   23  needed to make payments to mobile home owners under the
   24  relocation program. Requests must include documentation
   25  indicating the amount of funds needed, the name and location of
   26  the mobile home park, the number of approved applications for
   27  moving expenses or abandonment allowance, and summary
   28  information specifying the number and type, single-section or
   29  multisection, of homes moved or abandoned. The department shall
   30  process requests that include such documentation, subject to the
   31  availability of sufficient funds within the trust fund within 5
   32  business days after receipt of the request. Transfer requests
   33  may be submitted electronically.
   34         (c) Funds transferred from the trust fund to the
   35  corporation shall be transferred electronically and shall be
   36  transferred to and maintained in a qualified public depository
   37  as defined in s. 280.02 which is specified by the corporation.
   38         (4) Other than the requirements specified under this
   39  section, neither the corporation nor the department are required
   40  to take any other action as a prerequisite to accomplishing the
   41  provisions of this section.
   42         (5) This section does not preclude department inspection of
   43  corporation records 5 business days after receipt of written
   44  notice.