Florida Senate - 2020                          SENATOR AMENDMENT
       Bill No. CS for SB 1492
       
       
       
       
       
       
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                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                 Floor: WD/2R          .                                
             03/06/2020 09:04 PM       .                                
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       Senator Baxley moved the following:
       
    1         Senate Amendment to Amendment (697340) (with title
    2  amendment)
    3  
    4         After line 15
    5  insert:
    6         Section 23. Subsection (4) of section 627.714, Florida
    7  Statutes, is amended to read:
    8         627.714 Residential condominium unit owner coverage; loss
    9  assessment coverage required.—
   10         (4) Every individual unit owner’s residential property
   11  policy must contain a provision stating that the coverage
   12  afforded by such policy is excess coverage over the amount
   13  recoverable under any other policy covering the same property.
   14  If a condominium association’s insurance policy does not provide
   15  rights for subrogation against the unit owners in the
   16  association, an insurance policy issued to an individual unit
   17  owner located in the association may not provide rights of
   18  subrogation against the condominium association.
   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 line 25
   23  and insert:
   24         circumstances; amending s. 627.714, F.S.; providing
   25         that a residential property insurance policy issued to
   26         an individual unit owner of a condominium association
   27         may not provide rights of subrogation against the
   28         association under certain circumstances; amending s.
   29         631.57, F.S.; deleting a