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



                                                  SENATE AMENDMENT

    Bill No. CS for SB 426

    Amendment No. ___   Barcode 560418

                            CHAMBER ACTION
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11  Senator Campbell moved the following amendment:

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13         Senate Amendment 

14         On page 7, between lines 24 and 25,

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16  insert:

17         (6)  Any insurer that is obligated to collect and remit

18  the tax on property insurance imposed under s. 175.101 shall

19  be held harmless from liability, including, but not limited

20  to, any tax, interest, or penalties, which would otherwise be

21  due solely as a result of an assignment of an insured property

22  to an incorrect local taxing jurisdiction, based on the

23  collection and remission of the tax accruing before the

24  effective date of this act, provided the insurer collects and

25  reports this tax consistent with filings for periods before

26  the effective date of this act. Further, any insurer that is

27  obligated to collect and remit the tax on property insurance

28  imposed under this section shall not be subject to an

29  examination under s. 624.316 or s. 624.3161 which would occur

30  solely as a result of an assignment of an insured property to

31  an incorrect local taxing jurisdiction, based on the

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    10:46 AM   02/28/02                             s0426c1b-33m0d




                                                  SENATE AMENDMENT

    Bill No. CS for SB 426

    Amendment No. ___   Barcode 560418





  1  collection and remission of such tax accruing before the

  2  effective date of this act.

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    10:46 AM   02/28/02                             s0426c1b-33m0d