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The Committee on General Government Appropriations (Baker)

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recommended the following amendment:

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     Senate Amendment (with title amendment)

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     On line 33,

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insert:

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     Section 1.  Section 624.443, Florida Statutes, is amended to

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read:

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     624.443  Place of business; maintenance of records.--Each

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arrangement shall have and maintain its principal place of

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business in this state and shall therein make available to the

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office complete records of its assets, transactions, and affairs

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in accordance with such methods and systems as are customary for,

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or suitable to, the kind or kinds of business transacted. The

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office may waive this requirement if an arrangement has been

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operating in another state for at least 25 years, has been

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licensed in such state for at least 10 years, and has a minimum

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fund balance of $25 million at the time of licensure.

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================ T I T L E  A M E N D M E N T ================

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And the title is amended as follows:

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     On line 2, after the semicolon,

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insert:

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amending s. 624.443, F.S.; authorizing the Office of

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Insurance Regulation to waive the requirement that each

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multiple-employer welfare arrangement maintain its

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principal place of business in this state if the

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arrangement meets certain specified conditions and has a

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minimum specified fund balance at the time of licensure;

4/9/2008  7:10:00 PM     20-07214-08