Florida Senate - 2007 COMMITTEE AMENDMENT
Bill No. SB 4-A
Barcode 040572
CHAMBER ACTION
Senate House
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1 Comm: RE .
01/17/2007 10:49 AM .
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11 The Committee on Banking and Insurance (Deutch) recommended
12 the following amendment to amendment (852402):
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14 Senate Amendment
15 On page 1, lines 17 and 18, delete those lines
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17 and insert: and insert: coverage limit. For the 2007
18 contract year, the industry FHELP coverage limit is $23
19 billion in excess of the industry FHELP retention. The
20 industry FHELP coverage limit shall be adjusted each year
21 based upon the reported exposure from the prior contract year
22 to reflect the percentage growth in exposure to the fund.
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