Florida Senate - 2005                        SENATOR AMENDMENT
    Bill No. CS for SB 64
                        Barcode 554576
                            CHAMBER ACTION
              Senate                               House
                                   .                    
                                   .                    
 1                  1/AD/2R        .                    
       03/17/2005 03:33 PM         .                    
 2                                 .                    
                                   .                    
 3                                 .                    
                                   .                    
 4  ______________________________________________________________
 5  
 6  
 7  
 8  
 9  
10  ______________________________________________________________
11  Senator Fasano moved the following amendment:
12  
13         Senate Amendment (with title amendment) 
14         On page 7, between lines 17 and 18,
15  
16  insert:  
17         Section 5.  Subsection (2) of section 744.387, Florida
18  Statutes, is amended to read:
19         744.387  Settlement of claims.--
20         (2)  In the same manner as provided in subsection (1)
21  or as authorized by s. 744.301, the natural guardians or
22  guardian of a minor may settle any claim by or on behalf of a
23  minor that does not exceed $15,000 without bond.  A legal
24  guardianship shall be required when the amount of the net
25  settlement to the ward exceeds $15,000. The present value or
26  future benefits of a structured settlement may not be included
27  in determining the net settlement to a ward for guardianship
28  purposes if the settlement includes a structured settlement
29  that does not pay benefits to the minor until the minor
30  reaches the age of majority.
31  
                                  1
    9:55 AM   03/16/05                             s0064c1c-11-c4r

Florida Senate - 2005 SENATOR AMENDMENT Bill No. CS for SB 64 Barcode 554576 1 (Redesignate subsequent sections.) 2 3 4 ================ T I T L E A M E N D M E N T =============== 5 And the title is amended as follows: 6 On page 2, line 15, after the first semicolon, 7 8 insert: 9 amending s. 744.387, F.S.; providing that the 10 present value or future benefits of a 11 structured settlement may not be included in 12 determining the net settlement to a ward for 13 guardianship purposes if the settlement 14 includes a structured settlement that does not 15 pay benefits to the minor until the minor 16 reaches the age of majority; 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2 9:55 AM 03/16/05 s0064c1c-11-c4r