Florida Senate - 2022                        COMMITTEE AMENDMENT
       Bill No. HB 5015
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: FAV            .                                
                  03/01/2022           .                                
                Floor: 1/AD/2R         .                                
             03/02/2022 10:19 AM       .                                

       The Committee on Appropriations (Hutson) recommended the
    1         Senate Amendment (with title amendment)
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Section 11.9006, Florida Statutes, is created to
    6  read:
    7         11.9006Legislative Office of Risk Assessment.—
    8         (1)There is created the Legislative Office of Risk
    9  Assessment, which shall be a joint unit of the Legislature
   10  governed by the joint rules of the Senate and the House of
   11  Representatives. The office shall be headed by a chief risk
   12  officer appointed by and serving at the pleasure of the
   13  President of the Senate and the Speaker of the House of
   14  Representatives. Subject to the approval of the President of the
   15  Senate and the Speaker of the House of Representatives, the
   16  chief risk officer may employ qualified individuals and contract
   17  for professional services necessary to carry out the duties of
   18  the office.
   19         (2)The office shall:
   20         (a)Identify significant current and future risks to the
   21  state over a 10-year and 30-year timeframe. Identified risks
   22  shall be classified as high, medium, or low risk, based on the
   23  probability of the risk actually occurring.
   24         (b)Identify potential interventions to mitigate the risks
   25  identified.
   26         (3)The potential economic damage caused by risks
   27  identified by the office and the reduction in such economic
   28  damage produced by potential interventions are solely determined
   29  pursuant to s. 216.138(1)(b).
   30         (4)By July 1, 2023, and annually thereafter, the office
   31  shall submit to the President of the Senate and the Speaker of
   32  the House of Representatives a report identifying the
   33  significant risks to the state and a list of potential
   34  interventions to mitigate the risks.
   35         (5)This section is repealed June 30, 2027, unless reviewed
   36  and saved from repeal by the Legislature.
   37         Section 2. Subsection (1) of section 216.138, Florida
   38  Statutes, is amended to read:
   39         216.138 Authority to request additional analysis of
   40  legislative proposals; significant risks to the state.—
   41         (1)(a) The President of the Senate or the Speaker of the
   42  House of Representatives may request special impact estimating
   43  conferences to evaluate legislative proposals based on tools and
   44  models not generally employed by the consensus estimating
   45  conferences, including cost-benefit, return-on-investment, or
   46  dynamic scoring techniques, when suitable and appropriate for
   47  the legislative proposals being evaluated.
   48         (b)The President of the Senate or the Speaker of the House
   49  of Representatives may request special impact estimating
   50  conferences to develop estimates of the economic damage
   51  associated with significant risks to the state and the reduction
   52  to such economic damage anticipated to result from an
   53  intervention identified pursuant to s. 11.9006(2).
   54         Section 3. This act shall take effect July 1, 2022.
   56  ================= T I T L E  A M E N D M E N T ================
   57  And the title is amended as follows:
   58         Delete everything before the enacting clause
   59  and insert:
   60                        A bill to be entitled                      
   61         An act relating to the evaluation of significant state
   62         risks; creating s. 11.9006, F.S.; creating the
   63         Legislative Office of Risk Assessment; providing that
   64         the office shall be headed by a chief risk officer;
   65         providing powers and duties of the office; specifying
   66         the method for determining the economic damage
   67         estimates related to risks and interventions;
   68         requiring the office to annually submit, by a
   69         specified date, a report to the Legislature; providing
   70         for future legislative review and repeal; amending s.
   71         216.138, F.S.; authorizing the President of the Senate
   72         or the Speaker of the House of Representatives to
   73         convene a special estimating conference to estimate
   74         the economic damage associated with the significant
   75         risks to the state the potential reduction associated
   76         with intervention strategies; providing an effective
   77         date.