Amendment
Bill No. 0557
Amendment No. 172989
CHAMBER ACTION
Senate House
.
.
.






1Representative Ritter offered the following:
2
3     Amendment (with title amendment)
4     Between line(s) 996 and 997, insert:
5     Section 19.  Subsection (3) of section 626.785, Florida
6Statutes, is amended to read:
7     626.785  Qualifications for license.--
8     (3)  Notwithstanding any other provisions of this chapter,
9a funeral director, a direct disposer, or an employee of a
10funeral establishment which holds a certificate of authority
11pursuant to s. 497.405 may obtain an agent's license to sell
12only policies of life insurance covering the expense of a
13prearrangement for funeral services or merchandise so as to
14provide funds at the time the services and merchandise are
15needed. The face amount of insurance covered by any such policy
16shall not exceed $12,500 plus an annual percentage increase
17based on the Annual Consumer Price Index compiled by the United
18States Department of Labor, beginning with the Annual Consumer
19Price Index announced by the United States Department of Labor
20for the year 2004 $7,500.
21
22================ T I T L E  A M E N D M E N T =============
23     Remove line(s) 77 and insert:
24filing fee; amending s. 626.785, F.S.; revising an insurance
25coverage limit applicable to policies for funeral services or
26merchandise sold by certain agents; repealing s. 625.131, F.S.,
27relating to


CODING: Words stricken are deletions; words underlined are additions.