SENATE AMENDMENT
    Bill No. CS for CS for SB 1202
    Amendment No. ___   Barcode 311714
                            CHAMBER ACTION
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       04/30/2003 10:45 AM         .                    
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11  Senator Smith moved the following amendment:
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13         Senate Amendment 
14         On page 29, lines 1-19, delete those lines
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16  and insert:  filing and shall be fully earned. A managing
17  general agent that collects a per-policy fee shall remit a
18  minimum of $5 per policy to the Division of Insurance Fraud of
19  the Department of Financial Services, which shall be dedicated
20  to the prevention and detection of motor vehicle insurance
21  fraud, and an additional $5 per policy, 95 percent of which
22  shall be remitted to the Justice Administration Commission,
23  which shall distribute the collected fees to the state
24  attorneys of the 20 judicial circuits for investigating and
25  prosecuting cases of motor vehicle insurance fraud. The state
26  attorneys must adopt an allocation formula that ensures
27  equitable distribution among the 20 circuits which includes,
28  but is not limited to, the population area served. The
29  remaining 5 percent shall be remitted to the Office of
30  Statewide Prosecution for investigating and prosecuting cases
31  of motor vehicle insurance fraud. An insurer that writes
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    11:41 AM   04/29/03                             s1202c2b-14c4y


                                                  SENATE AMENDMENT
    Bill No. CS for CS for SB 1202
    Amendment No. ___   Barcode 311714
 1  directly without a managing general agent and that charges a
 2  per-policy fee shall charge an additional policy fee of $5 per
 3  policy to be remitted to the Division of Insurance Fraud of
 4  the Department of Financial Services, which shall be dedicated
 5  to the prevention and detection of motor vehicle insurance
 6  fraud, and an additional per-policy fee of $5, 95 percent of
 7  which is to be remitted to the Justice Administration
 8  Commission, to be distributed as provided in this subsection.
 9  The remaining 5 percent shall be remitted to the Office of
10  Statewide Prosecution for investigating and prosecuting cases
11  of motor vehicle insurance fraud. No later than July 1, 2005,
12  the state attorneys and the Office of Statewide Prosecutor
13  must provide a report to the President of the Senate and the
14  Speaker of the House of Representatives evaluating the
15  effectiveness of the investigation, detection, and prosecution
16  of motor vehicle insurance fraud as it related to the moneys
17  generated by the per-policy fee.
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    11:41 AM   04/29/03                             s1202c2b-14c4y