Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. PCS for SB 1980 (070118)
Barcode 414706
CHAMBER ACTION
Senate House
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04/10/2006 01:21 PM .
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11 The Committee on Banking and Insurance (Garcia) recommended
12 the following amendment:
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14 Senate Amendment (with title amendment)
15 On page 61, lines 8-10, delete those lines
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17 and insert:
18 4.a. For policies issued or renewed on or after
19 January 1, 2007, rates for coverage provided by the
20 corporation for nonhomestead property shall include a
21 25-percent surcharge.
22 b. For policies issued or renewed on or after January
23 1, 2007, rates for coverage provided by the corporation in the
24 high-risk account shall include a 25-percent surcharge for a
25 personal lines residential structure with a dwelling
26 replacement cost of $1 million or more or for a condominium
27 unit with a combined dwelling and content replacement cost of
28 $1 million or more.
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9:41 PM 04/06/06 s1980c-bi40-j12
Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. PCS for SB 1980 (070118)
Barcode 414706
1 ================ T I T L E A M E N D M E N T ===============
2 And the title is amended as follows:
3 On page 4, line 20, after the word "property"
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5 insert:
6 and property valued over a certain amount
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