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The Committee on Community Affairs (Wise) recommended the

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following amendment to amendment (513676):

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     Senate Amendment (with title amendment)

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     Between line(s) 636 and 637,

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insert:

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     Section 12.  Section 185.08, Florida Statutes, is amended to

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read:

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     185.08  State excise tax on casualty insurance premiums

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authorized; procedure.--For any municipality, chapter plan, local

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law municipality, or local law plan under this chapter:

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     (1)  Each incorporated municipality in this state described

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and classified in s. 185.03, as well as each other city or town

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of this state which on July 31, 1953, had a lawfully established

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municipal police officers' retirement trust fund or city fund, by

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whatever name known, providing pension or relief benefits to

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police officers as provided under this chapter, may assess and

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impose on every insurance company, corporation, or other insurer

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now engaged in or carrying on, or who shall hereafter engage in

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or carry on, the business of casualty insurance as shown by

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records of the Office of Insurance Regulation of the Financial

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Services Commission, an excise tax in addition to any lawful

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license or excise tax now levied by each of the said

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municipalities, respectively, amounting to .85 percent of the

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gross amount of receipts of premiums from policyholders on all

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premiums collected on casualty insurance policies covering

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property within the corporate limits of such municipalities,

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respectively.

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     (2)  In the case of multiple peril policies with a single

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premium for both property and casualty coverages in such

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policies, 30 percent of such premium shall be used as the basis

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for the .85-percent tax above.

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     (3)  The excise tax shall be payable annually March 1 of

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each year after the passing of an ordinance assessing and

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imposing the tax herein authorized. Installments of taxes shall

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be paid according to the provisions of s. 624.5092(2)(a), (b),

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and (c).

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This section also applies to any municipality that has entered

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into an interlocal agreement to receive police protection

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services from another municipality under s. 185.03. The excise

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tax may be levied on all premiums collected on casualty insurance

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policies covering property located within the corporate limits of

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the municipality receiving the police protection services but is

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available for distribution to the municipality providing the

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police protection services.

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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(s) 857, after the semicolon,

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insert:

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amending s. 185.08, F.S.; including certain consolidated

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governments under provisions authorizing imposition of a

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state excise tax on property insurance premiums covering

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certain property for certain purposes;

4/15/2008  4:22:00 PM     5-07534A-08