Florida Senate - 2018                        COMMITTEE AMENDMENT
       Bill No. CS for SB 1052
       
       
       
       
       
       
                                Ì4724182Î472418                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  01/30/2018           .                                
                                       .                                
                                       .                                
                                       .                                
       —————————————————————————————————————————————————————————————————




       —————————————————————————————————————————————————————————————————
       The Committee on Banking and Insurance (Young) recommended the
       following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 48 - 55
    4  and insert:
    5  premises may not sell and must dispose of the property or donate
    6  it to a charitable institution that is exempt from federal
    7  income tax under s. 501(c)(3) of the Internal Revenue Code for
    8  sale or disposal as that charitable institution deems
    9  appropriate. The rightful owner of the property may reclaim the
   10  property at any time before the disposition or donation of the
   11  property in accordance with this section and the established
   12  policies and procedures of the owner or operator of the
   13  premises.