| HOUSE AMENDMENT |
| Bill No. HB 27A |
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CHAMBER ACTION |
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Representative Johnson offered the following: |
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Amendment (with title amendment) |
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Remove line 2010, and insert: |
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Section 20. Effective upon becoming law, to be applied |
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retroactively to the date upon which HB 513 enacted during the |
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2003 Regular Session of the Legislature becomes law, |
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notwithstanding the provisions of HB 513 enacted during the 2003 |
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Regular Session of the Legislature, subsection (11) of section |
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626.7451, Florida Statutes 2002, is not amended and is reenacted |
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to read: |
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626.7451 Managing general agents; required contract |
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provisions.--No person acting in the capacity of a managing |
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general agent shall place business with an insurer unless there |
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is in force a written contract between the parties which sets |
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forth the responsibility for a particular function, specifies |
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the division of responsibilities, and contains the following |
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minimum provisions: |
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(11) A licensed managing general agent, when placing |
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business with an insurer under this code, may charge a per- |
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policy fee not to exceed $25. In no instance shall the aggregate |
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of per-policy fees for a placement of business authorized under |
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this section, when combined with any other per-policy fee |
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charged by the insurer, result in per-policy fees which exceed |
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the aggregate amount of $25. The per-policy fee shall be a |
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component of the insurer's rate filing and shall be fully |
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earned. |
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For the purposes of this section and ss. 626.7453 and 626.7454, |
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the term "controlling person" or "controlling" has the meaning |
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set forth in s. 625.012(5)(b)1., and the term "controlled |
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person" or "controlled" has the meaning set forth in s. |
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625.012(5)(b)2. |
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Section 21. Except as otherwise specifically provided |
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herein, if any law amended by this act was also |
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================= T I T L E A M E N D M E N T ================= |
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Remove lines 87-89, and insert: |
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termination prior to such repeal; reenacting without amendment |
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s. 626.7451, F.S., notwithstanding the provisions of HB 513 |
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enacted during the 2003 Regular Session of the Legislature; |
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providing for construction of the act in pari material with laws |
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enacted during the 2003 Regular Session of the Legislature; |
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providing an exception; |