H.B. 47
         INSURANCE LAW AMENDMENTS

House Committee Amendments

Amendment 1 January 24, 2013 9:13 AM



Representative James A. Dunnigan proposes the following amendments:

1.    Page 52, Lines 1584 through 1585 :    

             1584          (9)
{   Insurers   }        Except as provided in Subsection 31A-22-618.5(3)(a), insurers       are subject to [the provisions of] Sections 31A-22-613.5 , 31A-22-614.5 ,

             1585      and 31A-22-618 .

2.    Page 68, Lines 2093 through 2099 :    

             2093          (1) There is created a restricted special revenue fund known as the "Insurance Fraud
             2094      Victim Restitution Fund."
             2095          (2) The Insurance Fraud Victim Restitution Fund shall consist of money ordered paid
             2096      under Subsections 31A-31-109 (1)(a)(i) and (2)(a).
             2097          
{   (3) Interest on fund money shall be deposited into the General Fund.   }

             2098          
{   (4)   }        (3)       The commissioner shall administer the Insurance Fraud Victim Restitution Fund for

             2099      the sole benefit of insurance fraud victims.


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