Florida Senate - 2013                        COMMITTEE AMENDMENT
       Bill No. SB 1046
       
       
       
       
       
       
                                Barcode 939674                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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       The Committee on Banking and Insurance (Hays) recommended the
       following:
       
    1         Senate Amendment to Amendment (457546) (with title
    2  amendment)
    3  
    4         Before line 1289
    5  insert:
    6         Section 38. Subsection (4) of section 627.841, Florida
    7  Statutes, is amended to read:
    8         627.841 Delinquency, collection, cancellation, and payment
    9  check return charge charges; attorney attorney’s fees.—
   10         (4) In the event that a payment is made to a premium
   11  finance company by debit, credit, electronic funds transfer,
   12  check, or draft and such payment the instrument is returned,
   13  declined, or cannot be processed due to because of insufficient
   14  funds to pay it, the premium finance company may, if the premium
   15  finance agreement so provides, impose a return payment charge of
   16  $15.
   17  
   18  ================= T I T L E  A M E N D M E N T ================
   19         And the title is amended as follows:
   20         Between lines 1634 and 1635
   21  insert:
   22         627.841, F.S.; providing that an insurance premium
   23         finance company may impose a fee for payments returned
   24         due to insufficient funds; amending s.