Florida Senate - 2011                        COMMITTEE AMENDMENT
       Bill No. CS for CS for SB 408
       
       
       
       
       
       
                                Barcode 475834                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/05/2011           .                                
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       The Committee on Rules (Smith) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 2129 and 2130
    4  insert:
    5         19. Must offer sinkhole coverage. However, effective
    6  February 1, 2012, coverage is not included for losses to
    7  appurtenant structures, driveways, sidewalks, decks, or patios
    8  that are directly or indirectly caused by sinkhole activity. The
    9  corporation shall exclude such coverage using a notice of
   10  coverage change, which may be included with the policy renewal,
   11  and not by issuance of a notice of nonrenewal of the excluded
   12  coverage upon renewal of the current policy.
   13         20. As a condition for making payment for damage caused by
   14  the peril of sinkhole, regardless of whether such payment is
   15  made pursuant to the contract, mediation, neutral evaluation,
   16  appraisal, arbitration, settlement, or litigation, the payment
   17  must be dedicated entirely to the costs of repairing the
   18  structure or remediation of the land. Unless this condition is
   19  met, the corporation is prohibited from making payment.
   20  
   21  ================= T I T L E  A M E N D M E N T ================
   22         And the title is amended as follows:
   23         Delete line 119
   24  and insert:
   25         ordinance; limiting coverage for damage from sinkholes
   26         after a certain date and providing that the
   27         corporation must require repair of the property as a
   28         condition of any payment; prohibiting board members
   29         from voting on