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Senator Alexander moved the following amendment:

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     Senate Amendment (with title amendment)

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     Delete line(s) 105-129

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and insert:

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the amount due, plus any penalty, is paid. For the 2008-2009

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fiscal year, the department shall reduce the annual fee paid by

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each condominium association as required by this paragraph to $2

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for each residential unit.

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     Section 4.  Paragraph (a) of subsection (2) of section

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719.501, Florida Statutes, is amended to read:

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     719.501  Powers and duties of Division of Florida Land

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Sales, Condominiums, and Mobile Homes.--

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     (2)(a) The department, by rule, may set fees to be paid

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annually by each cooperative association shall pay to the

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division, on or before January 1 of each year., An annual fee may

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not exceed in the amount of $4 for each residential unit in

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cooperatives operated by the association. If the assessed fee is

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not paid by March 1, then the association shall be assessed a

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penalty of 10 percent of the amount due, and the association

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shall not have the standing to maintain or defend any action in

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the courts of this state until the amount due is paid. For the

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2008-2009 fiscal year, the department shall reduce the annual fee

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paid by each cooperative association as required by this

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paragraph to $2 for each residential unit.

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     Section 5.  Section 721.27, Florida Statutes, is amended to

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read:

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     721.27  Annual fee for each timeshare unit in plan.--On

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January 1 of each year, each managing entity of a timeshare plan

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located in this state shall collect as a common expense and pay

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to the division an annual fee to be set by rule, not to exceed of

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$2 for each 7 days of annual use availability that exist within

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the timeshare plan at that time, and subject to any limitations

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on the amount of such annual fee pursuant to s. 721.58. If any

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portion of the annual fee is not paid by March 1, the managing

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entity may be assessed a penalty pursuant to s. 721.26. For the

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2008-2009 fiscal year, the department shall reduce the annual fee

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paid by each managing entity of a timeshare plan as required in

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this section to 50 cents for each 7 days of annual use.

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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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     Delete line(s) 11-19,

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and insert:

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amending s. 718.501, F.S.; authorizing the department to

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set by rule the fees paid annually by condominium

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associations; limiting the amount of such fees; requiring

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the department to reduce condominium association fees to a

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certain amount for a specified time; amending s. 719.501,

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F.S.; authorizing the department to set by rule the fees

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paid annually by cooperative associations; limiting the

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amount of such fees; requiring the department to reduce

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cooperative association fees to a certain amount for a

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specified time; amending s. 721.27, F.S.; authorizing the

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department to set by rule the fees paid annually by

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timeshare plans; limiting the amount of such fees;

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requiring the department to reduce the annual fee paid by

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timeshare plans to a certain amount for a specified time;

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amending s. 509.032, F.S.; deleting a provision

4/7/2008  4:12:00 PM     17-06764-08