Bill Amendment: FL S7018 | 2013 | Regular Session

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: Property Insurance

Status: 2013-03-08 - Submit as committee bill by Banking and Insurance (SB 1770) [S7018 Detail]

Download: Florida-2013-S7018-Banking_and_Insurance_Committee_Amendment_865426.html

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       Florida Senate - 2013                        COMMITTEE AMENDMENT
       Bill No. SPB 7018
       
       
       
       
       
       
                                Barcode 865426                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: FAV            .                                
                  03/07/2013           .                                
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       The Committee on Banking and Insurance (Margolis) recommended
       the following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 1942 - 1948
    4  and insert:
    5         b. Personal lines residential wind-only policies that cover
    6  homestead personal residential properties, or that are occupied
    7  permanent residencies that have a written rental agreement for
    8  no less than 12 months, and have a dwelling replacement cost of
    9  less than:
   10         (1) $1 million on July 1, 2013.
   11         (II) $800,000 on January 1, 2014.
   12         (III) $600,000 on January 1, 2015.