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Senator Fasano moved the following amendment:

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     Senate Amendment (with title amendment)

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     Between lines 30 and 31,

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insert:

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     Section 2.  Section 624.1265, Florida Statutes, is created

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to read:

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     624.1265 Nonprofit religious organization exemption;

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authority; notice.--

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     (1) Any nonprofit religious organization that qualifies

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under Title 26, s. 501 of the Internal Revenue Code; that limits

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its participants to members of the same religion; that acts as an

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organizational clearinghouse for information between participants

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who have financial, physical, or medical needs and participants

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having the ability to pay for the benefit of those participants

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who have financial, physical, or medical needs; that provides for

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the financial or medical needs of a participant through payments

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directly from one participant to another participant; and that

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suggests amounts that participants may voluntarily give with no

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assumption of risk or promise to pay among the participants or

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between the participants and the religious organization are not

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subject to any requirements of the Florida Insurance Code.

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     (2) This section does not prevent the religious

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organization described in subsection (1) from establishing

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qualifications of participation relating to the health of a

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prospective participant, prevent a participant from limiting the

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financial or medical needs that may be eligible for payment, or

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prevent the organization from canceling the membership of a

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participant if such participant indicates his or her

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unwillingness to participate by failing to make a payment to

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another participant within 60 days.

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     (3) The religious organization described in subsection (1)

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shall provide each prospective participant in the organizational

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clearinghouse written notice that the organization is not an

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insurance company, that membership is not offered through an

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insurance company, and that the organization is not subject to

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the regulatory requirements or consumer protections of the

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Florida Insurance Code.

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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 5, after the semicolon,

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insert:

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creating s. 624.1265, F.S.; exempting certain nonprofit

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religious organizations from requirements of the

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Florida Insurance Code; preserving certain authority of

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such organizations; requiring such organizations to

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provide certain notice to prospective participants;

4/14/2008  1:17:00 PM     11-07380-08