| 1 | Representative Drake offered the following: |
| 2 |
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| 3 | Amendment |
| 4 | Remove line(s) 92-104 and insert: |
| 5 | submit the preceding fiscal year's statement within 2 months |
| 6 | after its fiscal year end. |
| 7 | (2) Each authorized administrator shall also file an |
| 8 | audited financial statement performed by an independent |
| 9 | certified public accountant. The audited financial statement |
| 10 | shall be filed with the office on or before June 1 for the |
| 11 | preceding calendar year ending December 31. An administrator |
| 12 | with an established fiscal year of July 1 through June 30 whose |
| 13 | sole stockholder is an association representing health care |
| 14 | providers which is not an affiliate of an insurer, an |
| 15 | administrator of a pooled governmental self-insurance program, |
| 16 | or an administrator that is a university may submit the |
| 17 | preceding fiscal year's audited financial statement within 5 |