CODING: Words stricken are deletions; words underlined are additions.





                                                  SENATE AMENDMENT

    Bill No. SB 1472

    Amendment No.    

                            CHAMBER ACTION
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11  Senator Latvala moved the following amendment:

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13         Senate Amendment (with title amendment) 

14         On page 1, line 10,

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16  insert:

17         Section 1.  Subsection (3) of section 627.4035, Florida

18  Statutes, is amended to read:

19         627.4035  Cash payment of premiums; claims.--

20         (3)  All payments of claims made in this state under

21  any contract of insurance shall be paid in cash consisting of

22  coins, currency, checks, drafts, or money orders, debit cards

23  or other forms of electronic funds transfer and, if by check

24  or draft, shall be in such form as will comply with the

25  standards for cash items adopted by the Federal Reserve System

26  to facilitate the sorting, routing, and mechanized processing

27  of such items.

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29  (Redesignate subsequent sections.)

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    10:21 AM   04/07/99                               s1472c-19201




                                                  SENATE AMENDMENT

    Bill No. SB 1472

    Amendment No.    





 1  ================ T I T L E   A M E N D M E N T ===============

 2  And the title is amended as follows:

 3         On page 1, line 2, after the semicolon,

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 6         amending s. 627.4035, F.S.; providing for

 7         payment of insurance claims by debit card or

 8         other form of electronic funds transfer;

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    10:21 AM   04/07/99                               s1472c-19201