Florida Senate - 2016 SENATOR AMENDMENT
Bill No. CS for CS for SB 1050
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LEGISLATIVE ACTION
Senate . House
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Senator Simpson moved the following:
1 Senate Amendment (with title amendment)
2
3 Before line 153
4 insert:
5 Section 1. Subsection (20) of section 493.6101, Florida
6 Statutes, is amended to read:
7 493.6101 Definitions.—
8 (20) “Recovery agency” means a any person who, for
9 consideration, advertises as providing or is engaged in the
10 business of performing repossessions. The term does not include
11 a person who does not directly perform repossessions and who,
12 pursuant to a contract with a licensed bank, bank holding
13 company, credit union, or small loan company, contracts with a
14 licensed recovery agency for the performance of repossessions by
15 such agency, if the person includes a disclaimer in all
16 advertisements appearing in this state which discloses that the
17 person does not directly perform any repossessions but contracts
18 with licensed recovery agencies.
19
20 ================= T I T L E A M E N D M E N T ================
21 And the title is amended as follows:
22 Delete lines 2 - 3
23 and insert:
24 An act relating to regulated industries, professions,
25 and occupations; amending s. 493.6101, F.S.; revising
26 the definition of the term “recovery agency”; amending
27 s. 326.004, F.S.;