Florida Senate - 2007 COMMITTEE AMENDMENT
Bill No. SB 4-A
Barcode 111250
CHAMBER ACTION
Senate House
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1 Comm: FAV .
01/17/2007 10:50 AM .
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3 Floor: 3/AD/2R .
01/17/2007 02:26 PM .
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11 The Committee on Banking and Insurance (Deutch) recommended
12 the following amendment:
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14 Senate Amendment
15 On page 53, lines 21-25, delete those lines
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17 and insert: coverage limit. For the 2007 contract year, the
18 industry FHELP coverage limit is $23 billion in excess of the
19 industry FHELP retention. The industry FHELP coverage limit
20 shall be adjusted each year based upon the reported exposure
21 from the prior contract year to reflect the percentage growth
22 in exposure to the fund.
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