| 1 | Ross offered the following: |
| 2 |
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| 3 | Substitute Amendment for Amendment (639011) (with title |
| 4 | amendment) |
| 5 | Remove lines 198-203, and insert: |
| 6 | Section 3. It is the intent of the Legislature that |
| 7 | payments made to policyholders under this act shall be |
| 8 | considered disaster relief assistance within the meaning of s. |
| 9 | 139 of the Internal Revenue Code. |
| 10 | Section 4. Subsections (5), (6), (7), and (8) of section |
| 11 | 627.701, Florida Statutes, are renumbered as subsections (6), |
| 12 | (7), (8), and (9), respectively, and a new subsection (5) is |
| 13 | added to said section to read: |
| 14 | 627.701 Liability of insureds; coinsurance; deductibles.-- |
| 15 | (5) The hurricane deductible of any personal residential |
| 16 | property |
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| 18 |
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| 19 | ================ T I T L E A M E N D M E N T ============= |
| 20 | Remove line 33, and insert: |
| 21 | application for multiple deductibles; providing legislative |
| 22 | intent; amending s. 627.701, |