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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; and that suggests

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amounts that participants may voluntarily give with no assumption

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of risk or promise to pay among the participants or between the

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participants and the organization are not subject to any

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requirements of the Florida Insurance Code.

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     (2) This section does not prevent the organization

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described in subsection (1) from establishing qualifications of

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participation relating to the health of a prospective

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participant, prevent a participant from limiting the financial or

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medical needs that may be eligible for payment, or prevent the

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organization from canceling the membership of a participant if

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such participant indicates his or her unwillingness to

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participate by failing to make a payment to another participant

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within 60 days.

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

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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 Florida

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Insurance Code; preserving certain authority of such

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organizations; requiring such organizations to provide

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certain notice to prospective participants;

4/10/2008  8:10:00 AM     11-07231-08