Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 2482
                        Barcode 702962
                            CHAMBER ACTION
              Senate                               House
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 1           Comm: 19/RCS          .                    
       04/19/2007 06:43 PM         .                    
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11  The Committee on Finance and Tax (Haridopolos) recommended the
12  following amendment:
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14         Senate Amendment (with title amendment) 
15         On page 41, line 31,
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17  insert:  
18         (e)  An unrelated purchaser, transferee, successor, or
19  assignee of a business, stock of goods, or other assets or
20  liabilities of a dealer has no responsibility or personal
21  liability under this section if the unrelated purchaser,
22  transferee, successor, or assignee acquires the business,
23  stock of goods, or other assets or liabilities of a dealer and
24  the acquisition:
25         1.  Is the result of an enforcement of a lien or
26  security interest on real or personal property;
27         2.  Is in exchange for a reduction or other change in
28  the terms of indebtedness owed to the acquiring person; or
29         3.  Is the result of a bankruptcy, reorganization for
30  the benefit of creditors, assignment for the benefit of
31  creditors, or a similar proceeding for the benefit of
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    9:20 AM   04/19/07                             s2482c-ft26-j02


    Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 2482
                        Barcode 702962
 1  creditors.
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 5  And the title is amended as follows:
 6         On page 3, line 2, after the first semicolon,
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 9         providing circumstances under which an
10         unrelated entity is not responsible for the tax
11         liability;
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    9:20 AM   04/19/07                             s2482c-ft26-j02