Appropriation Amendment: r:\session\2000\Senate\bills\appbills\html\SB2200am995047.html
995047
General Appropriations Bill Committee Amendment
SB2200 GG 6
Senator(s): Silver
moved the following amendment:
Section: 06 EXPLANATION:
On Page: 292 Provides $1,211,178 from the Insurance Commissioners
Regulatory Trust Fund to contract with the State
Spec App: 2226 University System to develop a model for determining
hurricane risk and projected losses.
NET IMPACT ON: Total Funds General Revenue Trust Funds
Recurring - 300,000 0 300,000
Non-Recurring - 911,178 0 911,178
_________________________________________________________________________________
Positions & Amount Positions & Amount
DELETE INSERT
INSURANCE, DEPARTMENT OF, AND TREASURER
Insurance Regulation And Consumer
Protection
Insurance Company Licensure And Oversight 46950100
In Section 06 On Page 292
2226 Other Personal Services 030000 IOEA
2393 From Insurance Commissioner'S 1,355,513 2,566,691
Regulatory Trust Fund
CA 1,211,178 FSI2 0 FSI3 0 NR 911,178 FSI2NR 0 FSI3NR 0
Immediately following Specific Appropriation 2226,
INSERT:
From the funds provided in Specific Appropriation 2226 $1,211,178 shall
be used to contract with the State University System for the development
of a public model to determine hurricane risks and projected losses to
guarantee appropriate insurance rate regulation. The model must be
designed in accordance with the standards of the Hurricane Methodology
Commission.
| Line item amendments are accepted as part of the amendatory process. However, due to the necessity of using computerized systems this may entail a different placement
within a budget entity or the renumbering of the specific appropriation items. |
995047 Log:0051 MAA/CCM 03/29/00 08:59:46 PM Senate Page: 1
