HOUSE AMENDMENT Bill No. HB 25A
1	CHAMBER ACTION
2	Senate House
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12	Representatives Clarke, Berfield, Brown, Goodlette, and Ross
13	offered the following:
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15	Substitute Amendment for Amendment (710993) (with title
16	amendment)
17	Between line(s) 5243 & 5244, insert:
18	Section 39. (1) There is established a Joint Select
19	Committee on Workers’ Compensation Rating Reform. The committee
20	shall study the merits of requiring each workers’ compensation
21	insurer to individually file its expense and profit portion of a
22	rate filing, while permitting each insurer to use a lost cost
23	filing made by a licensed rating organization. The committee
24	shall also study options for the current prior approval system
25	for workers’ compensation rate filings, including, but not
26	limited to, rate filing procedures that would promote greater
27	competition and would encourage insurers to write workers'
28	compensation coverage in the state while protecting employers
29	from rates that are excessive, inadequate, or unfairly
30	discriminatory.
31	(2) The committee shall be composed of three Senators
32	appointed by the President of the Senate and three
33	Representatives appointed by the Speaker of the House of
34	Representatives. The appointed members of the committee shall
35	elect a chair and vice chair. The Department of Financial
36	Services shall provide information and assistance as requested
37	by the committee.
38	(3) The committee shall issue its final report and
39	recommendations to the President of the Senate and the Speaker
40	of the House of Representatives by December 1, 2003. The
41	committee shall terminate on December 1, 2003.
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44	================= T I T L E A M E N D M E N T =================
45	Remove line(s) 102, and insert:
46	references; establishing a Joint Select Committee on Workers’
47	Compensation Rating Reform and specifying duties thereof;
48	providing for termination of the committee; repealing s.
49	440.1925, F.S., relating to
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