Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. SB 1012
Barcode 113980
CHAMBER ACTION
Senate House
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11 The Committee on Banking and Insurance (Geller) recommended
12 the following amendment:
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14 Senate Amendment (with title amendment)
15 On page 2, lines 9-20, delete those lines
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17 and insert: General Revenue Fund in an amount equal to the
18 increased revenues estimated by the Revenue Estimating
19 Conference under subparagraph 2., as follows:
20 (I) Forty percent to the corporation to be used to
21 offset assessments that would otherwise have been made against
22 assessable insurers and insureds under this subsection.
23 (II) Forty percent to the Florida Hurricane
24 Catastrophe Fund.
25 (III) Twenty percent to the Executive Office of the
26 Governor for purposes of funding the housing retrofit program
27 to be administered by the office.
28 b. If the increased revenues estimated under
29 subparagraph 2. are greater than the certified deficit, the
30 Chief Financial Officer shall transfer an amount equal to the
31 remaining increased revenues from the General Revenue Fund as
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7:01 PM 04/03/06 s1012c-bi31-b01
Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. SB 1012
Barcode 113980
1 follows:
2 (I) Eighty percent to the Florida Hurricane
3 Catastrophe Fund.
4 (II) Twenty percent to the Executive Office of the
5 Governor for purposes of funding the housing retrofit program
6 to be administered by the office.
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9 ================ T I T L E A M E N D M E N T ===============
10 And the title is amended as follows:
11 On page 1, lines 11-13, delete those lines
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13 and insert:
14 to transfer moneys from the General Revenue
15 Fund to the corporation, the Florida Hurricane
16 Catastrophe Fund, and the Executive Office of
17 the Governor for certain purposes; providing
18 for
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