Senate Bill 2332

CODING: Words stricken are deletions; words underlined are additions.



    Florida Senate - 2000                                  SB 2332

    By Senator Clary





    7-1534-00                                               See HB

  1                      A bill to be entitled

  2         An act relating to rural areas of critical

  3         economic concern; creating s. 288.06562, F.S.;

  4         providing a definition; authorizing insurance

  5         carriers to issue a premium credit on workers'

  6         compensation premiums for employers who own an

  7         existing business or open a new business in

  8         such an area; providing an effective date.

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10  Be It Enacted by the Legislature of the State of Florida:

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12         Section 1.  Section 288.06562, Florida Statutes, is

13  created to read:

14         288.06562  Rural areas of critical economic concern;

15  economic incentive.--

16         (1)  As used in this section, the term "rural area of

17  critical economic concern" means an area designated as a rural

18  area of critical economic concern by executive order of the

19  Governor pursuant to s. 288.0656(7).

20         (2)  A premium credit of 15 percent may be issued by an

21  insurance carrier writing workers' compensation insurance in

22  this state on workers' compensation premiums for those

23  employers who own an existing business or open a new business

24  in a rural area of critical economic concern on or after July

25  1, 2000.

26         Section 2.  This act shall take effect upon becoming a

27  law.

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 2000                                  SB 2332
    7-1534-00                                               See HB




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  2                       LEGISLATIVE SUMMARY

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      Authorizes insurance carriers to issue a 15 percent
  4    premium credit on workers' compensation premiums for
      employers who own an existing business or open a new
  5    business in a rural area of critical economic concern.

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