Florida Senate - 2017                        COMMITTEE AMENDMENT
       Bill No. PCS (832708) for CS for SB 406
       
       
       
       
       
       
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                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/27/2017           .                                
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       The Committee on Appropriations (Bradley) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 1029 - 1034
    4  and insert:
    5         (d) The department shall approve an MMTC’s request for a
    6  change in ownership, equity structure, or transfer of
    7  registration to a new entity that meets the requirements in
    8  paragraph (7)(g) if individuals seeking a 5 percent or greater
    9  direct or indirect equity interest in the MMTC are fingerprinted
   10  and have successfully passed a level 2 background screening
   11  pursuant to s. 435.04. Individuals who seek or hold less than a
   12  5 percent direct or indirect equity interest in the MMTC are not
   13  required to be fingerprinted or pass the background check. A
   14  request for a change in MMTC ownership, equity structure, or
   15  transfer of registration is deemed approved if not denied by the
   16  department within 15 days after receipt of the request. The
   17  department shall adopt by rule a process which includes specific
   18  criteria for the approval or denial of such requests.
   19  
   20  ================= T I T L E  A M E N D M E N T ================
   21  And the title is amended as follows:
   22         Delete lines 100 - 102
   23  and insert:
   24         samples; requiring the department to approve an MMTC’s
   25         request for a change in ownership, equity structure,
   26         or transfer of registration to a new entity if certain
   27         criteria are met; providing an exception to a
   28         requirement regarding the submission of fingerprints
   29         and passing of a background check; providing that a
   30         request is deemed approved if not denied by the
   31         department within a specified timeframe; requiring the
   32         department to adopt rules; requiring the department to