Senate Bill sb1880c2

    Florida Senate - 2007                    CS for CS for SB 1880

    By the Committees on General Government Appropriations;
    Banking and Insurance; and Senators Posey and Jones




    601-2639-07

  1                      A bill to be entitled

  2         An act relating to motor vehicle insurance;

  3         requiring the Department of Financial Services

  4         and the Office of Insurance Regulation to

  5         conduct a comprehensive review of the Florida

  6         Motor Vehicle No-Fault Law; requiring a report

  7         to the Governor and the Legislature; repealing

  8         s. 19 of chapter 2003-411, Laws of Florida;

  9         abrogating the repeal of the Florida Motor

10         Vehicle No-Fault Law as provided for in that

11         section; reenacting ss. 627.730, 627.731,

12         627.732, 627.733, 627.734, 627.736, 627.737,

13         627.739, 627.7401, 627.7403, and 627.7405,

14         F.S., the Florida Motor Vehicle No-Fault Law,

15         and providing for future review and repeal;

16         providing appropriations and authorizing

17         additional positions; providing an effective

18         date.

19  

20  Be It Enacted by the Legislature of the State of Florida:

21  

22         Section 1.  By October 1, 2010, the Department of

23  Financial Services and the Office of Insurance Regulation, in

24  consultation with auto insurers, plaintiff's attorneys,

25  hospitals, and health care providers, shall conduct a

26  comprehensive review of the Florida Motor Vehicle No-Fault Law

27  and its effect on insurance rates, auto insurance

28  policyholders, health care providers, and the trial court

29  system. The Legislature may not reenact the Florida Motor

30  Vehicle No-Fault Law after the 2011 regular legislative

31  session if significant reforms are not made to solve the

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 2007                    CS for CS for SB 1880
    601-2639-07




 1  issues identified by the review. The report shall be provided

 2  to the Executive Office of the Governor, the President of the

 3  Senate, and the Speaker of the House of Representatives.

 4         Section 2.  Effective January 1, 2012, sections

 5  627.730, 627.731, 627.732, 627.733, 627.734, 627.736, 627.737,

 6  627.739, 627.7401, 627.7403, and 627.7405, Florida Statutes,

 7  constituting the Florida Motor Vehicle No-Fault Law, are

 8  repealed unless reviewed and reenacted by the Legislature

 9  before that date.

10         Section 3.  Section 19 of chapter 2003-411, Laws of

11  Florida, is repealed, and sections 627.730, 627.731, 627.732,

12  627.733, 627.734, 627.736, 627.737, 627.739, 627.7401,

13  627.7403, and 627.7405, Florida Statutes, are reenacted and

14  shall not stand repealed on October 1, 2007, as provided for

15  in that section.

16         Section 4.  The sum of $2,398,278 is appropriated from

17  the Insurance Regulatory Trust Fund to the Department of

18  Financial Services and 30 full-time equivalent positions with

19  1,387,860 in associated salary rate are authorized as senior

20  insurance fraud investigators in the Division of Insurance

21  Fraud of the Department of Financial Services. Personnel

22  appointed to these positions must be certified law enforcement

23  officers. These positions shall be included within the

24  certified law enforcement collective bargaining unit and shall

25  have a minimum annual salary of $46,262.

26         Section 5.  The sum of $408,000 is appropriated from

27  the Insurance Regulatory Trust Fund to the Department of

28  Financial Services for purposes of enforcing the Florida Motor

29  Vehicle No-Fault Law in Miami, Orlando, and Tampa. These funds

30  shall be transferred to the Justice Administration Commission.

31  

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 2007                    CS for CS for SB 1880
    601-2639-07




 1         Section 6.  The sum of $408,000 is appropriated from

 2  the Grants and Donations Trust Fund to the Justice

 3  Administration Commission and six full-time equivalent

 4  positions with 270,000 in associated salary rate are

 5  authorized for purposes of enforcing the Florida Motor Vehicle

 6  No-Fault Law in Miami, Orlando, and Tampa.

 7         Section 7.  This act shall take effect July 1, 2007.

 8  

 9          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
10                            CS/SB 1880

11                                 

12  Requires the Department of Financial Services and the Office
    of Insurance Regulation to conduct a review and submit a
13  report on the Florida Motor Vehicle No-Fault Law by October
    2010.
14  
    Authorizes 30 positions and appropriates $2,398,278 from the
15  Insurance Regulatory Trust Fund to the Department of Financial
    Services for investigation of insurance fraud.
16  
    Appropriates $408,000 from the Insurance Regulatory Trust Fund
17  to the Department of Financial Services for transfer to the
    Justice Administration Commission, to fund positions
18  authorized in the Justice Administration Commission for
    prosecution of insurance fraud in Miami, Orlando, and Tampa.
19  
    Authorizes six positions and appropriates $408,000 from the
20  Grants and Donations Trust Fund to the Justice Administration
    Commission for prosecution of insurance fraud in Miami,
21  Orlando, and Tampa.

22  Reenacts and extends the Florida Motor Vehicle No-Fault law
    until January 2012.
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CODING: Words stricken are deletions; words underlined are additions.