SENATE AMENDMENT
    Bill No. SB 2056
    Amendment No. 1   Barcode 314944
                            CHAMBER ACTION
              Senate                               House
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       04/15/2004 06:11 PM         .                    
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11  The Committee on Commerce, Economic Opportunities, and
12  Consumer Services recommended the following amendment:
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14         Senate Amendment (with title amendment) 
15         On page 2, lines 14-26, delete those lines
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17  and insert:  
18         (4)(a)  Notwithstanding subsection (1) and s.
19  617.1401(5), the following corporations may make distributions
20  to a member:
21         1.  A corporation that holds a license for an
22  ambulatory surgical center under part I of chapter 395 and a
23  license for a clinical laboratory under part I of chapter 483;
24         2.  A corporation that holds a license for an assisted
25  living facility under part III of chapter 400;
26         3.  A corporation that holds a license for a hospice
27  under part VI of chapter 400; or
28         4.  A corporation that is a health maintenance
29  organization with an active certificate of authority issued
30  under part I of chapter 641.
31         (b)  The distributions made by a corporation under this
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    10:11 AM   03/17/04                                s2056.cm.01


                                                  SENATE AMENDMENT
    Bill No. SB 2056
    Amendment No. 1   Barcode 314944
 1  subsection may be made only to the following members:
 2         1.  A corporation not for profit organized and operated
 3  for the same or a substantially similar purpose as the
 4  distributing corporation;
 5         2.  An entity that is organized and operated
 6  exclusively for a charitable, benevolent, educational, or
 7  similar purpose, or that is otherwise exempt from federal
 8  income taxation under s. 501(c) of the Internal Revenue Code;
 9  or
10         3.  The United States, a state or possession of the
11  United States, or any political subdivision thereof.
12         (c)  A distribution made under this subsection may not
13  inure to the benefit of any individual or for-profit entity.
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17  And the title is amended as follows:
18         On page 1, line 7, delete the word "corporation"
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20  and insert:
21         specified corporations
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