Florida Senate - 2009                        COMMITTEE AMENDMENT
       Bill No. SB 1372
       
       
       
       
       
       
                                Barcode 833342                          
       
                              LEGISLATIVE ACTION                        
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       The Committee on Banking and Insurance (Smith) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 169 - 188
    4  and insert:
    5         (3)(a) If a natural person violates s. 626.9541(1)(l), the
    6  offense known as “twisting,” or violates s. 626.9541(1)(aa), the
    7  offense known as “churning,” the person commits a misdemeanor of
    8  the first degree, punishable as provided in s. 775.082, and an
    9  administrative fine not greater than $5,000 shall be imposed for
   10  each nonwillful violation or an administrative fine not greater
   11  than $40,000 shall be imposed for each willful violation. To
   12  impose criminal penalties under this paragraph, the practice of
   13  “churning” or “twisting” must involve fraudulent conduct.
   14  ================= T I T L E  A M E N D M E N T ================
   15         And the title is amended as follows:
   16         Delete lines 15 - 20
   17  and insert:
   18         policies; amending s. 626.9521, F.S.; providing that the
   19  failure to ascertain a