Florida Senate - 2009                          SENATOR AMENDMENT
       Bill No. CS/HB 1471, 2nd Eng.
       
       
       
       
       
       
                                Barcode 260026                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                 Floor: WD/3R          .                                
             04/30/2009 03:06 PM       .                                
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       Senator Smith moved the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 1795 and 1796
    4  insert:
    5         Section 32. Subsection (1) of section 641.407, Florida
    6  Statutes, is amended to read:
    7         641.407 Minimum surplus.—
    8         (1) Each prepaid health clinic that is licensed before July
    9  1, 2009, shall have and maintain minimum surplus in accordance
   10  with the following schedule: On January 1, 2010 1996, $225,000
   11  $150,000 or 10 percent of total liabilities, whichever is
   12  greater; on January 1, 2011, $300,000 or 10 percent of total
   13  liabilities, whichever is greater. A prepaid health clinic that
   14  is licensed on or after July 1, 2009, shall have and maintain a
   15  surplus of $300,000 or 10 percent of total liabilities,
   16  whichever is greater. A prepaid health clinic that is licensed
   17  on or before January 1, 2004, and that has an active membership
   18  on July 1, 2009, shall have and maintain a minimum surplus of
   19  $150,000 or 10 percent of total liabilities, whichever is
   20  greater.
   21  
   22  ================= T I T L E  A M E N D M E N T ================
   23         And the title is amended as follows:
   24         Delete line 173
   25  and insert:
   26         activities of state agencies; amending s. 641.407,
   27         F.S.; revising the minimum surplus that a prepaid
   28         health clinic is required to maintain; providing a
   29         schedule for compliance; providing an effective date.