Florida Senate - 2008 COMMITTEE AMENDMENT

Bill No. CS for SB 2528

184226

CHAMBER ACTION

Senate

Comm: WD

4/9/2008

.

.

.

.

.

House



1

The Committee on Governmental Operations (Lawson) recommended the

2

following amendment:

3

4

     Senate Amendment (with title amendment)

5

     Between line(s) 188-189,

6

insert:

7

     Section 5.  Subsection (3) is added to section 627.901,

8

Florida Statutes, to read:

9

     627.901  Premium financing by an insurance agent or

10

agency.--

11

     (3) The agent may also impose a service charge for

12

processing, as a convenience and accommodation to the insured, a

13

premium installment payment to an insurance company or premium

14

finance company which the insured could have made directly. The

15

agent may not collect more than one service charge on any one

16

payment.

17

18

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

19

And the title is amended as follows:

20

     On line(s) 23, after the semicolon,

21

insert:

22

amending s. 627.901, F.S.; authorizing an agent to impose

23

a service charge for processing an insured's premium

24

installment payment to an insurance company or premium

25

finance company;

4/8/2008  2:34:00 PM     6-06619-08

CODING: Words stricken are deletions; words underlined are additions.