May 20, 2019
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630017
 ((LATE FILED FOR: 4/29/2008 8:30:00 AM))Amendment
Bill No. CS/CS/SB 2860
Amendment No. 630017
CHAMBER ACTION
Senate House
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1Representative Hudson offered the following:
2
3     Amendment to Amendment (870297) (with title amendment)
4     Remove line 1416 and insert:
5the time they were installed. The seller shall provide a
6prospective purchaser of any such residential a written
7disclosure that contains the structure's windstorm mitigation
8rating, based upon the uniform home grading scale adopted
9pursuant to s. 215.55865. Such rating shall be provided to the
10purchaser at or before the time the purchaser executes a
11contract for sale and purchase. Effective January 1, 2011, the
12requirements of this subparagraph apply to a personal lines
13residential structure that is located in the wind-borne debris
14region and that has an insured value on the structure of
15$500,000 or more. The seller shall provide a prospective
16purchaser of any such residential property a written disclosure
17that contains the structure's windstorm mitigation rating, based
18on the uniform home grading scale adopted pursuant to s.
19215.55865. Such rating shall be provided to the purchaser at or
20before the time the purchaser executes a contract for sale and
21purchase. The Financial Services Commission may adopt rules,
22consistent with other laws of this state, to administer this
23subparagraph, including the form of the disclosure and the
24requirements for the windstorm mitigation inspection or report
25that is required for purposes of determining the rating.
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T I T L E  A M E N D M E N T
32     Remove lines 3114 and insert:
33eligibility for coverage by the corporation; requiring sellers
34of certain residential property to provide perspective
35purchasers written disclosures of certain windstorm mitigation
36ratings for certain structures; authorizing the Financial
37Services Commission to adopt rules; deleting
38


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