Florida Senate - 2019                        COMMITTEE AMENDMENT
       Bill No. SB 626
       
       
       
       
       
       
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                              LEGISLATIVE ACTION                        
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       The Committee on Banking and Insurance (Brandes) recommended the
       following:
       
    1         Senate Substitute for Amendment (682770) to Amendment
    2  (687388)(with title amendment)
    3  
    4         Delete lines 341 - 346
    5  and insert:
    6         631.738 Applicability as to certain member insurers and
    7  health maintenance organizations.—The provisions of this part
    8  which relate to long-term care assessment obligations do not
    9  apply to:
   10         (1) Any member insurer or health maintenance organization
   11  that, on or before the effective date of this act, has been
   12  adjudged insolvent by a court of competent jurisdiction or has
   13  been determined by the department or by the office to be
   14  impaired.
   15         (2) Any nonprofit health maintenance organization that
   16  operates only in this state, and operates under a corrective
   17  action plan, and whose statutory capital and surplus is less
   18  than $200 million as of December 31 of the year preceding the
   19  year in which the assessment is made.
   20  
   21  ================= T I T L E  A M E N D M E N T ================
   22  And the title is amended as follows:
   23         Delete line 518
   24  and insert:
   25         provisions to certain member insurers and health
   26         maintenance organizations; amending s.