Florida Senate - 2006                        SENATOR AMENDMENT
    Bill No. HB 7079, 2nd Eng.
                        Barcode 780432
                            CHAMBER ACTION
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 3         Floor: 1b/AD/2R         .                    
       05/03/2006 05:23 PM         .                    
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11  Senator Webster moved the following amendment to amendment
12  (220694):
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14         Senate Amendment (with title amendment) 
15         On page 75, between lines 1 and 2,
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17  insert:  
18         Section 46.  Subsection (1) of section 627.733, Florida
19  Statutes, is amended to read:
20         627.733  Required security.--
21         (1)(a)  Every owner or registrant of a motor vehicle,
22  other than a motor vehicle used as a taxicab, school bus as
23  defined in s. 1006.25, or limousine, required to be registered
24  and licensed in this state shall maintain security as required
25  by subsection (3) in effect continuously throughout the
26  registration or licensing period.
27         (b)  Every owner or registrant of a motor vehicle used
28  as a taxicab shall not be governed by paragraph (1)(a) but
29  shall maintain security as required under s. 324.032(1), and
30  s. 627.737 shall not apply to any motor vehicle used as a
31  taxicab.
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    10:58 AM   05/03/06                          h707903e2c-09-b01

Florida Senate - 2006 SENATOR AMENDMENT Bill No. HB 7079, 2nd Eng. Barcode 780432 1 Section 47. Subsection (1) of section 324.032, Florida 2 Statutes, is amended to read: 3 324.032 Manner of proving financial responsibility; 4 for-hire passenger transportation vehicles.--Notwithstanding 5 the provisions of s. 324.031: 6 (1)(a) A person who is either the owner or a lessee 7 required to maintain insurance under s. 627.733(1)(b) s. 8 324.021(9)(b) and who operates one or more taxicabs, 9 limousines, jitneys, or any other for-hire passenger 10 transportation vehicles may prove financial responsibility by 11 furnishing satisfactory evidence of holding a motor vehicle 12 liability policy as defined in s. 324.031, but with minimum 13 limits of $125,000/250,000/50,000. 14 (b) A person who is either the owner or a lessee 15 required to maintain insurance under s. 324.021(9)(b) and who 16 operates limousines, jitneys, or any other for-hire passenger 17 vehicles, other than taxicabs, may prove financial 18 responsibility by furnishing satisfactory evidence of holding 19 a motor vehicle liability policy as defined in s. 324.031. 20 21 Upon request by the department, the applicant must provide the 22 department at the applicant's principal place of business in 23 this state access to the applicant's underlying financial 24 information and financial statements that provide the basis of 25 the certified public accountant's certification. The applicant 26 shall reimburse the requesting department for all reasonable 27 costs incurred by it in reviewing the supporting information. 28 The maximum amount of self-insurance permissible under this 29 subsection is $300,000 and must be stated on a per-occurrence 30 basis, and the applicant shall maintain adequate excess 31 insurance issued by an authorized or eligible insurer licensed 2 10:58 AM 05/03/06 h707903e2c-09-b01
Florida Senate - 2006 SENATOR AMENDMENT Bill No. HB 7079, 2nd Eng. Barcode 780432 1 or approved by the Office of Insurance Regulation. All risks 2 self-insured shall remain with the owner or lessee providing 3 it, and the risks are not transferable to any other person, 4 unless a policy complying with subsection (1) is obtained. 5 6 (Redesignate subsequent sections.) 7 8 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 82, line 18, following the semicolon, 12 13 insert: 14 amending s. 627.733, F.S.; revising security 15 requirements for certain vehicles; amending s. 16 324.032, F.S.; revising financial 17 responsibility requirements for certain 18 for-hire vehicles; 19 20 21 22 23 24 25 26 27 28 29 30 31 3 10:58 AM 05/03/06 h707903e2c-09-b01