HOUSE AMENDMENT |
Bill No. HB 673 CS |
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CHAMBER ACTION |
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Representative Kilmer offered the following: |
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Amendment |
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Remove line(s) 97-120, and insert: |
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activities must post and maintain a form of financial security |
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as required under subsection (2). Evidence that the security has |
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been posted and maintained in compliance with this section must |
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be maintained by any licensee or permitholder for the use of |
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explosives in connection with construction materials mining |
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activities as part of the mandatory record maintenance |
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requirements of s. 552.112. The person must maintain, in a |
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format approved by the Division of State Fire Marshal of the |
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Department of Financial Services, a completed form that shows |
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the amount and location of the security or identifies the |
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security and the current security value.
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(2) The security required under subsection (1) must be in |
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an amount not less than $100,000, notwithstanding an award made |
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by an administrative law judge under s. 552.40(7) and may be in |
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the form of a bond, letter of credit, certificate of deposit, or |
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other type of security approved by the Division of State Fire |
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Marshal of the Department of Financial Services. In the case of |
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multiple licenseholders and permitholders, a single security in |
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the aggregate amount of not less than $100,000 may be provided |
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as security for the individual permits and/or licenses. If the |
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user of explosives has not been identified as a respondent in |
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any pending claim for damages under ss. 552.32-552.44, and if |
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renewal of the license or permit is not sought, the security |
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required under this section may be released upon the expiration |
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of the license or permit, or 181 days after the final use of |
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explosives under the license, whichever occurs later, provided |
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the security to be released is not security for other |
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