Senate Bill 2332
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2000 SB 2332
By Senator Clary
7-1534-00 See HB
1 A bill to be entitled
2 An act relating to rural areas of critical
3 economic concern; creating s. 288.06562, F.S.;
4 providing a definition; authorizing insurance
5 carriers to issue a premium credit on workers'
6 compensation premiums for employers who own an
7 existing business or open a new business in
8 such an area; providing an effective date.
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10 Be It Enacted by the Legislature of the State of Florida:
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12 Section 1. Section 288.06562, Florida Statutes, is
13 created to read:
14 288.06562 Rural areas of critical economic concern;
15 economic incentive.--
16 (1) As used in this section, the term "rural area of
17 critical economic concern" means an area designated as a rural
18 area of critical economic concern by executive order of the
19 Governor pursuant to s. 288.0656(7).
20 (2) A premium credit of 15 percent may be issued by an
21 insurance carrier writing workers' compensation insurance in
22 this state on workers' compensation premiums for those
23 employers who own an existing business or open a new business
24 in a rural area of critical economic concern on or after July
25 1, 2000.
26 Section 2. This act shall take effect upon becoming a
27 law.
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CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2000 SB 2332
7-1534-00 See HB
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2 LEGISLATIVE SUMMARY
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Authorizes insurance carriers to issue a 15 percent
4 premium credit on workers' compensation premiums for
employers who own an existing business or open a new
5 business in a rural area of critical economic concern.
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