SENATE AMENDMENT

    Bill No. CS for CS for SB's 4 & 380, 1st Eng.

    Amendment No.    

                            CHAMBER ACTION
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11  Senator Clary moved the following amendment:

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13         Senate Amendment (with title amendment) 

14         On page 145, line 23, through page 146, line 6, delete

15  those lines

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17  and insert:

18         Section 88.  Effective July 1, 2001, subsection (1) of

19  section 627.0629, Florida Statutes, is amended to read:

20         627.0629  Residential property insurance; rate

21  filings.--

22         (1)  Effective July 1, 1994, A rate filing for

23  residential property insurance must include actuarially

24  reasonable appropriate discounts, credits, or other rate

25  differentials, or appropriate reductions in deductibles, for

26  properties on which fixtures or construction techniques

27  actuarially demonstrated to reduce the amount of loss in a

28  windstorm have been installed or implemented. The fixtures or

29  construction techniques shall include, but not be limited to,

30  fixtures or construction techniques which enhance roof

31  strength, roof covering performance, roof-to-wall strength,

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    8:00 PM   05/01/00                              s0004c2c-07c7h




                                                  SENATE AMENDMENT

    Bill No. CS for CS for SB's 4 & 380, 1st Eng.

    Amendment No.    





 1  wall-to-floor-to-foundation strength, opening protection, and

 2  window, door, and skylight strength.  Credits, discounts, or

 3  other rate differentials for fixtures and construction

 4  techniques which meet the minimum requirements of the Florida

 5  Building Code must be included in the rate filing. All

 6  insurance companies must make a rate filing which includes the

 7  credits, discounts, or other rate differentials by June 1,

 8  2002.

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

12  And the title is amended as follows:

13         On page 14, line 22, after the semicolon,

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15  insert:

16         amending s. 627.0629, F.S.; requiring a rating

17         manual on residential property insurance to

18         include certain discounts and credits for

19         certain fixtures or construction techniques;

20         providing requirements;

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    8:00 PM   05/01/00                              s0004c2c-07c7h