Florida Senate - 2017                        COMMITTEE AMENDMENT
       Bill No. SB 1032
       
       
       
       
       
       
                                Ì827622$Î827622                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/17/2017           .                                
                                       .                                
                                       .                                
                                       .                                
       —————————————————————————————————————————————————————————————————




       —————————————————————————————————————————————————————————————————
       The Committee on Commerce and Tourism (Mayfield) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Paragraph (m) of subsection (1) of section
    6  626.9541, Florida Statutes, is amended to read:
    7         626.9541 Unfair methods of competition and unfair or
    8  deceptive acts or practices defined.—
    9         (1) UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE
   10  ACTS.—The following are defined as unfair methods of competition
   11  and unfair or deceptive acts or practices:
   12         (m) Advertising and promotional gifts and charitable
   13  contributions permitted.—No provision of paragraph (f),
   14  paragraph (g), or paragraph (h) shall be deemed to prohibit:
   15         1. A licensed insurer or its agent from:
   16         a. Giving to insureds, prospective insureds, and others,
   17  for the purpose of advertising, any article of merchandise,
   18  goods, wares, gift cards, gift certificates, event tickets, and
   19  other items with a total value of $100 or less per customer or
   20  prospective customer within one calendar year having a value of
   21  not more than $25.
   22         b. Making charitable contributions, as defined in s. 170(c)
   23  of the Internal Revenue Code, up to $100 per calendar year on
   24  behalf of each insured or prospective insured.
   25         2. A title insurance agent or title insurance agency, as
   26  those terms are defined in s. 626.841, or a title insurer, as
   27  defined in s. 627.7711, from giving to insureds, prospective
   28  insureds, and others, for the purpose of advertising, any
   29  article of merchandise having a value of not more than $25.
   30         Section 2. This act shall take effect July 1, 2017.
   31  
   32  ================= T I T L E  A M E N D M E N T ================
   33  And the title is amended as follows:
   34         Delete everything before the enacting clause
   35  and insert:
   36                        A bill to be entitled                      
   37         An act relating to unfair insurance trade practices;
   38         amending s. 626.9541, F.S.; revising provisions to
   39         permit a licensed insurer or its agent, a title
   40         insurance agent, a title insurance agency, or a title
   41         insurer to give advertising or promotional items under
   42         specified values; providing that licensed insurers and
   43         their agents are not prohibited from making specified
   44         charitable contributions on behalf of insureds or
   45         prospective insureds; providing an effective date.