HOUSE AMENDMENT
Bill No. HB 27A
   
1 CHAMBER ACTION
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Senate House
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12          Representative Johnson offered the following:
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14          Amendment (with title amendment)
15          Remove line 2010, and insert:
16          Section 20. Effective upon becoming law, to be applied
17    retroactively to the date upon which HB 513 enacted during the
18    2003 Regular Session of the Legislature becomes law,
19    notwithstanding the provisions of HB 513 enacted during the 2003
20    Regular Session of the Legislature, subsection (11) of section
21    626.7451, Florida Statutes 2002, is not amended and is reenacted
22    to read:
23          626.7451 Managing general agents; required contract
24    provisions.--No person acting in the capacity of a managing
25    general agent shall place business with an insurer unless there
26    is in force a written contract between the parties which sets
27    forth the responsibility for a particular function, specifies
28    the division of responsibilities, and contains the following
29    minimum provisions:
30          (11) A licensed managing general agent, when placing
31    business with an insurer under this code, may charge a per-
32    policy fee not to exceed $25. In no instance shall the aggregate
33    of per-policy fees for a placement of business authorized under
34    this section, when combined with any other per-policy fee
35    charged by the insurer, result in per-policy fees which exceed
36    the aggregate amount of $25. The per-policy fee shall be a
37    component of the insurer's rate filing and shall be fully
38    earned.
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40          For the purposes of this section and ss. 626.7453 and 626.7454,
41    the term "controlling person" or "controlling" has the meaning
42    set forth in s. 625.012(5)(b)1., and the term "controlled
43    person" or "controlled" has the meaning set forth in s.
44    625.012(5)(b)2.
45          Section 21. Except as otherwise specifically provided
46    herein, if any law amended by this act was also
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49    ================= T I T L E A M E N D M E N T =================
50          Remove lines 87-89, and insert:
51          termination prior to such repeal; reenacting without amendment
52    s. 626.7451, F.S., notwithstanding the provisions of HB 513
53    enacted during the 2003 Regular Session of the Legislature;
54    providing for construction of the act in pari material with laws
55    enacted during the 2003 Regular Session of the Legislature;
56    providing an exception;