Florida Senate - 2023                        COMMITTEE AMENDMENT
       Bill No. CS for SB 594
       
       
       
       
       
       
                                Ì792748TÎ792748                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/13/2023           .                                
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       The Committee on Fiscal Policy (Martin) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 163 and 164
    4  insert:
    5         Section 3. (1) For the 2023-2024 fiscal year, the sum of
    6  $750,000 in nonrecurring funds is appropriated from the
    7  Insurance Regulatory Trust Fund to the Office of Insurance
    8  Regulation for a wind-loss mitigation study. The office shall
    9  either conduct the study in consultation with the Department of
   10  Business and Professional Regulation and the Florida Building
   11  Commission or competitively procure the study.
   12         (2) The study must:
   13         (a) Evaluate windstorm loss relativities for construction
   14  features, including, but not limited to, wind uplift prevention
   15  and those which enhance roof strength, roof covering
   16  performance, roof-to-wall strength, wall-to-floor-to-foundation
   17  strength, opening protections, and window, door, and skylight
   18  strength;
   19         (b) Include single-family and multifamily homes, mobile
   20  homes, and manufactured housing; and
   21         (c) Include, but need not be limited to, an analysis of
   22  developed hurricane loss data for hurricanes since June 1, 2018.
   23         (3) By July 1, 2024, the findings of the study must be
   24  reported to the Governor, the President of the Senate, the
   25  Speaker of the House of Representatives, the Chief Financial
   26  Officer, and the Commissioner of Insurance Regulation.
   27         (4) The office may use a portion of the funds appropriated
   28  to contract separately with building code experts in order to
   29  effectuate this act and develop rules to be adopted by the
   30  Financial Services Commission.
   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         Between lines 12 and 13
   35  insert:
   36         providing an appropriation; requiring the Office of
   37         Insurance Regulation to conduct a wind-loss mitigation
   38         study in consultation with the Department of Business
   39         and Professional Regulation and the Florida Building
   40         Commission or competitively procure the study;
   41         specifying requirements for the study; requiring that
   42         study findings be reported to certain entities by a
   43         specified date; authorizing the office to use a
   44         portion of appropriated funds to contract separately
   45         with building code experts for certain purposes;