| 1 | Representative Wood offered the following: |
| 2 |
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| 3 | Amendment to Amendment (399507) (with title amendment) |
| 4 | Between lines 2178 and 2179, insert: |
| 5 | 21. As a condition for making payment for damage caused by |
| 6 | the peril of sinkhole, regardless of whether such payment is |
| 7 | made pursuant to the contract, mediation, neutral evaluation, |
| 8 | appraisal, arbitration, settlement, or litigation, the payment |
| 9 | must be dedicated entirely to the costs of repairing the |
| 10 | structure or remediation of the land. Unless this condition is |
| 11 | met, the corporation is prohibited from making payment. |
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| 14 | ----------------------------------------------------- |
| 15 | T I T L E A M E N D M E N T |
| 16 | Remove line 3635 and insert: |
| 17 | surcharges to cover corporate deficits; providing that the |
| 18 | corporation must require repair of the property as a condition |
| 19 | of any payment; prohibiting board |