Florida Senate - 2022                        COMMITTEE AMENDMENT
       Bill No. SB 578
       
       
       
       
       
       
                                Ì774500qÎ774500                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                   Comm: RS            .                                
                  01/14/2022           .                                
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       The Committee on Banking and Insurance (Brandes) recommended the
       following:
       
    1         Senate Amendment (with directory and title amendments)
    2  
    3         Between lines 72 and 73
    4  insert:
    5         (3)(a) Of moneys provided to the division in paragraph
    6  (1)(a), 10 percent shall be allocated to the Florida
    7  International University center dedicated to hurricane research.
    8  The center shall develop a preliminary work plan approved by the
    9  advisory council set forth in subsection (4) to eliminate the
   10  state and local barriers to upgrading existing mobile homes and
   11  communities, research and develop a program for the recycling of
   12  existing older mobile homes, and support programs of research
   13  and development relating to hurricane loss reduction devices and
   14  techniques for site-built residences.
   15         (b) Of moneys provided to the division in paragraph (1)(a),
   16  $2 million shall be allocated to the University of South Florida
   17  School of Risk Management and Insurance for research of the
   18  property insurance market of this state. The school shall use
   19  publicly available data to analyze trends regarding, and to
   20  develop recommended policies and best practices for reducing,
   21  property insurance rates, Citizens Property Insurance
   22  Corporation policyholder counts, and property insurance
   23  litigation frequency. The school shall also analyze to what
   24  extent hurricane losses and rebuilding costs influence these
   25  trends.
   26  
   27  The State University System also shall consult with the division
   28  and assist the division with the report required under
   29  subsection (6).
   30         (4) Except for the programs set forth in subsection (3),
   31  the division shall develop the programs set forth in this
   32  section in consultation with an advisory council consisting of a
   33  representative designated by the Chief Financial Officer, a
   34  representative designated by the Florida Home Builders
   35  Association, a representative designated by the Florida
   36  Insurance Council, a representative designated by the Federation
   37  of Manufactured Home Owners, a representative designated by the
   38  Florida Association of Counties, a representative designated by
   39  the Florida Manufactured Housing Association, and a
   40  representative designated by the Florida Building Commission.
   41  
   42  ====== D I R E C T O R Y  C L A U S E  A M E N D M E N T ======
   43  And the directory clause is amended as follows:
   44         Delete lines 11 - 12
   45  and insert:
   46         Section 1. Paragraph (b) of subsection (2), subsection (3),
   47  and subsection (7) of section 215.559, Florida Statutes, are
   48  amended, and subsection (4) of that section is reenacted, to
   49  read:
   50  
   51  ================= T I T L E  A M E N D M E N T ================
   52  And the title is amended as follows:
   53         Delete lines 3 - 5
   54  and insert:
   55         Program; amending s. 215.559, F.S., and reenacting
   56         subsection (4); deleting construction relating to
   57         Citizens Property Insurance Corporation coverage
   58         rates; requiring an allocation of moneys to the
   59         University of South Florida for certain purposes;
   60         delaying the future repeal