Full Text of HB2055 99th General Assembly
HB2055ham001 99TH GENERAL ASSEMBLY | Rep. Donald L. Moffitt Filed: 4/20/2015
| | 09900HB2055ham001 | | LRB099 08220 JLK 34480 a |
|
| 1 | | AMENDMENT TO HOUSE BILL 2055
| 2 | | AMENDMENT NO. ______. Amend House Bill 2055 by replacing | 3 | | everything after the enacting clause with the following:
| 4 | | "Section 1. Short title. This Act may be cited as the Fire | 5 | | Insurance Cost Note Act. | 6 | | Section 5. Applicability. Every bill, the effect of which | 7 | | could potentially result in an additional or increased cost to | 8 | | insurance companies for fire coverage, shall have prepared for | 9 | | it, before second reading in the house of introduction, a brief | 10 | | explanatory statement or note that shall include a reliable | 11 | | estimate of the anticipated impact on the cost to insurance | 12 | | companies for fire coverage. These notes shall be known as fire | 13 | | insurance cost notes. | 14 | | Section 10. Preparation. The sponsor of each bill, to which | 15 | | Section 5 applies, shall present a copy of the bill, with his |
| | | 09900HB2055ham001 | - 2 - | LRB099 08220 JLK 34480 a |
|
| 1 | | or her request for a fire insurance cost note, to the | 2 | | Department of Insurance. The fire insurance cost note shall be | 3 | | prepared by the Department of Insurance and furnished to the | 4 | | sponsor of the bill within 5 calendar days thereafter; except | 5 | | that whenever, because of the complexity of the measure, | 6 | | additional time is required for the preparation of the fire | 7 | | insurance cost note, the Department of Insurance may so inform | 8 | | the sponsor of the bill and the sponsor may approve an | 9 | | extension not to exceed an additional 5 calendar days within | 10 | | which to furnish the note. An extension may not, however, be | 11 | | beyond May 15 following the date of the request. | 12 | | Copies of each fire insurance cost note shall be furnished | 13 | | by the Department to the presiding officer of each chamber, the | 14 | | minority leader of each chamber, the Clerk of the House of | 15 | | Representatives, the Secretary of the Senate, the sponsor of | 16 | | the bill that is the subject of the note, and the member, if | 17 | | any, who initiated the request for the note. | 18 | | Section 15. Vote on necessity of fire insurance cost note. | 19 | | Whenever the sponsor of a bill is of the opinion that no fire | 20 | | insurance cost note is necessary, any member of either house | 21 | | may request that a note be obtained, and in that case the | 22 | | applicability of this Act shall be decided by a majority of | 23 | | those present and voting in the house of which the sponsor is a | 24 | | member. |
| | | 09900HB2055ham001 | - 3 - | LRB099 08220 JLK 34480 a |
|
| 1 | | Section 20. Requisites and contents. The note shall be | 2 | | factual in nature, as brief and concise as may be, and shall | 3 | | provide as reliable an estimate of the bill's impact as is | 4 | | possible under the circumstances. The note shall include both | 5 | | the immediate effect and, if determinable or reasonably | 6 | | foreseeable, the long-range effect of the bill. If, after | 7 | | careful investigation, it is determined that no estimate is | 8 | | possible, the note shall contain a statement to that effect | 9 | | setting forth the reasons why no estimate can be given. | 10 | | Section 25. Comment or opinion; technical or mechanical | 11 | | defects. No comment or opinion shall be included in the note | 12 | | with regard to the merits of the bill for which the note is | 13 | | prepared; however, technical or mechanical defects may be | 14 | | noted. The note shall be prepared in quintuplicate, and the | 15 | | original of the note shall be signed by the Director of | 16 | | Insurance or a person designated by the Director. | 17 | | Section 30. Appearance of State officials and employees in | 18 | | support or opposition of measure. The fact that a fire | 19 | | insurance cost note is prepared for a bill shall not preclude | 20 | | or restrict the appearance before any committee of the General | 21 | | Assembly of any official or authorized employee of any State | 22 | | board, commission, department, agency, or other entity that | 23 | | desires to be heard in support of or in opposition to the bill. |
| | | 09900HB2055ham001 | - 4 - | LRB099 08220 JLK 34480 a |
|
| 1 | | Section 35. Amendment of bill necessitating statement of | 2 | | effect of proposed amendment. Whenever any committee of either | 3 | | chamber reports any bill with an amendment of such nature as | 4 | | will substantially affect the impact of the bill on insurance | 5 | | companies for fire coverage, and whenever any bill is amended | 6 | | on the floor of either chamber in such manner as to | 7 | | substantially affect the impact of the bill on insurance | 8 | | companies for fire coverage, the Department may, on its own | 9 | | initiative, or shall, within 5 calendar days after a request by | 10 | | any member of the chamber by which the bill is then considered, | 11 | | prepare a new or revised fire insurance cost note in relation | 12 | | to the amended bill. If such a request is made, the bill shall | 13 | | be held on second reading until the note is received or the 5 | 14 | | calendar day period has passed. Copies of each new or revised | 15 | | fire insurance cost note shall be furnished to the persons | 16 | | named in Section 10.
| 17 | | Section 40. Confidentiality. The subject matter of bills | 18 | | submitted to the Director of Insurance shall be kept in strict | 19 | | confidence by the Department of Insurance, and no information | 20 | | relating to the bill or its fire insurance cost impact shall be | 21 | | divulged by any official or employee of the Department, except | 22 | | to the bill's sponsor or the sponsor's designee, before the | 23 | | bill's introduction in the General Assembly.".
|
|