Amendment SA3-SB372

LRBa3108/1

PJK:skg:jlb

1995 - 1996 LEGISLATURE

SENATE AMENDMENT 3, To 1995 SENATE BILL 372

January 9, 1996 - Offered by Senator Schultz.

SB372-SA3,1,1 At the locations indicated, amend the bill as follows:

SB372-SA3,1,2 1. Page 3, line 16: after that line insert:

SB372-SA3,1,4 " Section 2c. 20.005 (3) (schedule) of the statutes: at the appropriate place, insert the following amounts for the purposes indicated: - See PDF for table

SB372-SA3, s. 2f Section 2f. 20.145 (1) (c) of the statutes is created to read:

SB372-SA3,1,9 20.145 (1) (c) Interstate insurance receivership commission assessment. The amounts in the schedule to pay all or $25,000 of this state's portion of the annual assessment levied by the interstate insurance receivership commission under s. 601.59 (10) (c), whichever is less.".

SB372-SA3,1,10 2. Page 27, line 9: after that line insert:

SB372-SA3,2,1 " Section 5. 601.595 of the statutes is created to read:

SB372-SA3,2,14 601.595 Funding for interstate insurance receivership commission annual assessment. From the appropriation under s. 20.145 (1) (c), the commissioner shall pay the annual assessment levied on this state by the interstate insurance receivership commission under s. 601.59 (10) (c). If the amounts appropriated under s. 20.145 (1) (c) are insufficient to cover this state's entire portion of the annual assessment under s. 601.59 (10) (c), the commissioner may not impose an assessment on insurers to cover the insufficiency but shall request additional funding under s. 13.101 to supplement the appropriation under s. 20.145 (1) (c). Notwithstanding s. 13.101 (3) (a) 1. and (4), the joint committee on finance shall, upon request, supplement the appropriation under s. 20.145 (1) (c) from the appropriation under s. 20.865 (4), may not transfer between appropriations to the office for the purpose of supplementing the appropriation under s. 20.145 (1) (c) and is not required to find that an emergency exists.".

SB372-SA3,2,15 (End)