SENATE AMENDMENT

    Bill No. CS/HB 339

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
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11  Senator Holzendorf moved the following amendment:

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13         Senate Amendment (with title amendment) 

14         On page 8, between lines 18 and 19,

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16  insert:

17         Section 10.  Effective upon this act becoming a law,

18  the Department of Revenue, in consultation with the Department

19  of Insurance and the Division of Retirement, shall conduct a

20  study evaluating various alternatives to determining the

21  method of calculating and distributing insurance premium taxes

22  to participating municipalities and special fire control

23  districts for use in funding the firefighter pensions under

24  chapter 175, Florida Statutes, and municipal police pensions

25  under chapter 185, Florida Statutes. The study shall evaluate

26  the effect of various distribution formulas and new

27  technologies on participating municipalities and special fire

28  control districts. At least one public workshop shall be held.

29  The study shall provide a "hold harmless" provision

30  stipulating that no participating municipality or special fire

31  control district shall receive in subsequent years less

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                                                  SENATE AMENDMENT

    Bill No. CS/HB 339

    Amendment No.    





 1  funding than was received during the year 1999, and the study

 2  may not include any recommendations contrary to the "hold

 3  harmless" provision. The Department of Revenue shall submit to

 4  the Legislature by February 1, 2001, a report containing the

 5  results of its study and the department's recommended

 6  legislation. Until July 1, 2001, the Department of Insurance

 7  shall limit audits or pending audits of insurers with respect

 8  to the accuracy of coding the location of insured properties

 9  for purposes associated with these premium taxes to a random

10  sampling of not more than 10 percent of the total number of

11  policies of any insurer and shall withhold assessing any fines

12  or penalties as a result of any discrepancy in property

13  location until July 1, 2001.

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15  (Redesignate subsequent sections.)

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

19  And the title is amended as follows:

20         On page 1, line 16, after the semicolon,

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22  insert:

23         requiring the Department of Revenue to conduct

24         a study and submit a report to the Legislature

25         related to distributing premium taxes to local

26         governments; limiting the audits by the

27         Department of Insurance with respect to certain

28         data;

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