CODING: Words stricken are deletions; words underlined are additions.



                                                   HOUSE AMENDMENT

    hbd-032                                       Bill No. HB 2021

    Amendment No. ___ (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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  5                                           ORIGINAL STAMP BELOW

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11  Representative(s) Lacasa and Atwater offered the following:

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13         Amendment 

14         On page 28, lines 20-28,

15  remove:  all of said lines,

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17  and insert:

18         c.  Creditors of the joint underwriting association

19  shall have a claim against, and recourse to, the accounts

20  referred to in sub-sub-subparagraphs a.(I) and (II) and shall

21  have no claim against, or recourse to, the account referred to

22  in sub-sub-subparagraph a.(III). Creditors of the Florida

23  Windstorm Underwriting Association shall have a claim against,

24  and recourse to, the account referred to in

25  sub-sub-subparagraph a.(III) and shall have no claim against,

26  or recourse to, the accounts referred to in

27  sub-sub-subparagraphs a.(I) and (II).

28         d.  Revenues, assets, liabilities, losses, and expenses

29  not attributable to particular accounts coverages shall be

30  prorated among between the accounts.

31         e.  The Legislature finds that the revenues of the

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    File original & 9 copies    03/13/02
    hbd0022                     08:31 am         02021-0117-211745




                                                   HOUSE AMENDMENT

    hbd-032                                       Bill No. HB 2021

    Amendment No. ___ (for drafter's use only)





  1  corporation are revenues that are necessary to meet the

  2  requirements set forth in documents authorizing the issuance

  3  of bonds under this subsection.

  4         f.  No part of the income of the corporation may inure

  5  to the benefit of any private person.

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    File original & 9 copies    03/13/02
    hbd0022                     08:31 am         02021-0117-211745