Florida Senate - 2014 COMMITTEE AMENDMENT Bill No. CS for SB 846 Ì883636AÎ883636 LEGISLATIVE ACTION Senate . House Comm: RCS . 03/05/2014 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— following: 1 Senate Amendment (with title amendment) 2 3 Delete lines 690 - 767 4 and insert: 5 Section 13. Paragraph (d) of subsection (6) of section 6 627.351, Florida Statutes, is amended to read: 7 627.351 Insurance risk apportionment plans.— 8 (6) CITIZENS PROPERTY INSURANCE CORPORATION.— 9 (d)1. All prospective employees for senior management 10 positions, as defined by the plan of operation, are subject to 11 background checks as a prerequisite for employment. The office 12 shall conduct the background checks pursuant to ss. 624.34, 13 624.404(3), and 628.261. 14 2. On or before July 1 of each year, employees of the 15 corporation must sign and submit a statement attesting that they 16 do not have a conflict of interest, as defined in part III of 17 chapter 112. As a condition of employment, all prospective 18 employees must sign and submit to the corporation a conflict-of 19 interest statement. 20 3. The executive director, senior managers, and members of 21 the board of governors are subject to part III of chapter 112, 22 including, but not limited to, the code of ethics and public 23 disclosure and reporting of financial interests, pursuant to s. 24 112.3145. Notwithstanding s. 112.3143(2), a board member may not 25 vote on any measure that would inure to his or her special 26 private gain or loss; that he or she knows would inure to the 27 special private gain or loss of any principal by whom he or she 28 is retained or to the parent organization or subsidiary of a 29 corporate principal by which he or she is retained, other than 30 an agency as defined in s. 112.312; or that he or she knows 31 would inure to the special private gain or loss of a relative or 32 business associate of the public officer. Before the vote is 33 taken, such member shall publicly state to the assembly the 34 nature of his or her interest in the matter from which he or she 35 is abstaining from voting and, within 15 days after the vote 36 occurs, disclose the nature of his or her interest as a public 37 record in a memorandum filed with the person responsible for 38 recording the minutes of the meeting, who shall incorporate the 39 memorandum in the minutes. Senior managers and board members are 40 also required to file such disclosures with the Commission on 41 Ethics and the Office of Insurance Regulation. The executive 42 director of the corporation or his or her designee shall notify 43 each existing and newly appointed member of the board of 44 governors and senior managers of their duty to comply with the 45 reporting requirements of part III of chapter 112. At least 46 quarterly, the executive director or his or her designee shall 47 submit to the Commission on Ethics a list of names of the senior 48 managers and members of the board of governors who are subject 49 to the public disclosure requirements under s. 112.3145. 50 4. Notwithstanding s. 112.3148,ors. 112.3149, or any 51 other provision of law, an employee or board member may not 52 knowingly accept, directly or indirectly, any gift or 53 expenditure from a person or entity, or an employee or 54 representative of such person or entity, which has a contractual 55 relationship with the corporation or who is under consideration 56 for a contract. An employee or board member who fails to comply 57 with subparagraph 3. or this subparagraph is subject to 58 penalties provided under ss. 112.317 and 112.3173. 59 5. The executive director, a member of the board of 60 governors, and aanysenior manager of the corporation arewho61is employed on or after January 1, 2007, regardless of the date62of hire, who subsequently retires or terminates employmentis63 prohibited from representing another person or entity before the 64 corporation for 2 years after retirement from or termination of 65 service toemployment fromthe corporation. 66 6. The executive director, a member of the board of 67 governors, and aAnysenior manager of the corporation arewho68is employed on or after January 1, 2007, regardless of the date69of hire, who subsequently retires or terminates employmentis70 prohibited from having any employment or contractual 71 relationship for 2 years after retirement from or termination of 72 service to the corporation with an insurer that has entered into 73 a take-out bonus agreement with the corporation. 74 75 ================= T I T L E A M E N D M E N T ================ 76 And the title is amended as follows: 77 Delete lines 92 - 97 78 and insert: 79 Officers and Employees to the executive director of 80 Citizens Property Insurance Corporation; prohibiting a 81 former executive director, senior manager, or member 82 of the board of governors of the corporation from 83 representing another person or entity before the 84 corporation for a specified timeframe; prohibiting a 85 former executive director, senior manager, or member 86 of the board of governors from entering employment or 87 a contractual relationship for a specified timeframe 88 with certain insurers; providing an effective date.