Florida Senate - 2019                        COMMITTEE AMENDMENT
       Bill No. CS for CS for SB 714
       
       
       
       
       
       
                                Ì248142ÆÎ248142                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                   Comm: WD            .                                
                  04/08/2019           .                                
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       The Committee on Banking and Insurance (Brandes) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 354 and 355
    4  insert:
    5         Section 10. Subsection (6) of section 626.932, Florida
    6  Statutes, is amended to read:
    7         626.932 Surplus lines tax.—
    8         (6) For the purposes of this section, the term “premium”
    9  means the consideration for insurance by whatever name called
   10  and includes any assessment, or any membership, policy, survey,
   11  inspection, service, or similar fee or charge in consideration
   12  for an insurance contract, which items are deemed to be a part
   13  of the premium. The per-policy fee authorized by s. 626.916(4)
   14  is specifically included within the meaning of the term
   15  “premium.” However, the service fees fee imposed pursuant to ss.
   16  626.916(5) and 626.9325 are s. 626.9325 is excluded from the
   17  meaning of the term “premium.”
   18  
   19  ================= T I T L E  A M E N D M E N T ================
   20  And the title is amended as follows:
   21         Between lines 47 and 48
   22  insert:
   23         amending s. 626.932, F.S.; excluding, for purposes of
   24         the surplus lines tax, certain service fees from the
   25         meaning of the term “premium”;