July 12, 2020
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Amendment
Bill No. 2994
Amendment No. 486485
CHAMBER ACTION
Senate House
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1Representative Ritter offered the following:
2
3     Amendment (with title amendment)
4     On page 209, between lines 5 and 6, insert:
5     Section 167.  Subsection (3) of section 626.785, Florida
6Statutes, is amended to read:
7     626.785  Qualifications for license.--
8     (3)  Notwithstanding any other provisions of this chapter,
9a funeral director, a direct disposer, or an employee of a
10funeral establishment which holds a certificate of authority
11pursuant to s. 497.405 may obtain an agent's license to sell
12only policies of life insurance covering the expense of a
13prearrangement for funeral services or merchandise so as to
14provide funds at the time the services and merchandise are
15needed. The face amount of insurance covered by any such policy
16shall not exceed $12,500 plus an annual percentage increase
17based on the Annual Consumer Price Index compiled by the U.S.
18Department of Labor, beginning with the Annual Consumer Price
19Index announced by the U.S. Department of Labor for the year
202004 $7,500.
21
22================= T I T L E  A M E N D M E N T =================
23     On page 16, line(s) 1, after the semicolon, insert:
24amending s. 626.785, F.S.; revising a required insurance amount
25for certain agent's licenses;


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