Florida Senate - 2008 COMMITTEE AMENDMENT
Bill No. SB 1668
482524
Senate
Comm: RCS
4/15/2008
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House
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The Committee on Health Regulation (Jones) recommended the
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following amendment to amendment (756332):
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Senate Amendment
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Delete line(s) 517-526
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and insert:
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(9)(a) "Controlling entity" means an entity that has the
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ability, acting alone or in concert with others, to directly or
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indirectly influence, direct, control, or cause the direction of
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the operation, management, expenditure of money, or policies of
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a facility.
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(b) A controlling entity does not include a lender,
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financial institution, or secured creditor who does not exercise
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any influence or control, whether formal or actual, over the
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operation or management of a facility.
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(10) "Controlling financial interest" means having more
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than a 5 percent financial ownership interest in the facility,
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an affiliate, or controlling entity.
4/7/2008 9:46:00 AM 13-06751-08
CODING: Words stricken are deletions; words underlined are additions.