1 | Representatives Gelber and Taylor offered the following: |
2 |
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3 | Amendment (with title amendment) |
4 | Between lines 3061 and 3062, insert: |
5 | Section 19. Rates of the Citizens Property Insurance |
6 | Corporation shall remain frozen for a minimum period of 2 years |
7 | and shall remain frozen until the Financial Services Commission |
8 | determines by a vote of the commission to change such rates |
9 | based in whole or in part on actuarial soundness. |
10 |
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11 | ----------------------------------------------------- |
12 | T I T L E A M E N D M E N T |
13 | Remove line 231 and insert: |
14 | from funds appropriated, subject to specified limitations; |
15 | freezing rates of the Citizens Property Insurance Corporation |
16 | for a specified period; requiring rates remain frozen until |
17 | changed by the Financial Services Commission; |