SENATE AMENDMENT

    Bill No. CS for SB 2532

    Amendment No.    

                            CHAMBER ACTION
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11  Senator Thomas moved the following amendment:

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13         Senate Amendment 

14         On page 2, line 25, through

15            page 3, line 5, delete those lines

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17  and insert:

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19  Such amount shall be prorated among the insurance companies

20  writing compensation insurance in the state and the

21  self-insurers. Provided however, for those carriers that have

22  excluded ceded reinsurance premiums from their assessments on

23  or before January 1, 2000, no assessments on ceded reinsurance

24  premiums shall be paid by those carriers until such time as

25  the division advises each of those carriers of the impact that

26  the inclusion of ceded reinsurance premiums has on their

27  assessment. The division may not recover any past

28  underpayments of assessments levied against any carrier that

29  on or before January 1, 2000, excluded ceded reinsurance

30  premiums from their assessment prior to the point that the

31  division advises of the appropriate assessment that should

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                                                  SENATE AMENDMENT

    Bill No. CS for SB 2532

    Amendment No.    





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