SENATE AMENDMENT
    Bill No. CS for SB 1978
    Amendment No. ___   Barcode 343982
                            CHAMBER ACTION
              Senate                               House
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11  Senator Rossin moved the following amendment:
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13         Senate Amendment (with title amendment) 
14         On page 63, lines 26 and 27, delete those lines
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16  and insert:  
17         Section 16.  Effective July 1, 2001, subsection (10) of
18  section 624.509, Florida Statutes, is amended to read:
19         624.509  Premium tax; rate and computation.--
20         (10)  Notwithstanding any other law, a municipality or
21  special fire control district that receives an insurance
22  premium tax distribution in excess of 200 percent of the
23  premium tax distribution that the municipality or special fire
24  control district received in the 1998 calender year is not
25  required to expend for extra pension benefits such portion of
26  its insurance premium tax distribution which exceeds 200
27  percent of the distribution for the 1998 calendar year. The
28  tax imposed by this section does not apply to monoline flood
29  premiums received by insurers for flood policies which are not
30  subsidized by the Federal Government or an agency thereof.
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    6:34 PM   04/30/01                              s1978c1c-35j02


                                                  SENATE AMENDMENT
    Bill No. CS for SB 1978
    Amendment No. ___   Barcode 343982
 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 2, lines 29 and 30, delete those lines
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 5  and insert:
 6         corporations; amending s. 624.509, F.S.;
 7         providing that a municipality or special fire
 8         control district is not required to make
 9         certain expenditures for pension benefits under
10         certain circumstances; deleting an exemption
11         from the
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    6:34 PM   04/30/01                              s1978c1c-35j02