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BILL: CS/CS/SB’s 2086 & 2498

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Section 548.002(11), F.S., defines the term “kickboxing” to mean “ to compete with the fists, feet, legs, or any combination thereof, and includes ‘punchkick’ and other similar competitions.”

Section 548.002(15), F.S., defines the term “mixed martial arts” to mean:

unarmed combat involving the use, subject to any applicable limitations set forth in this chapter, of a combination of techniques from different disciplines of the martial arts, including, but not limited to, grappling, kicking, and striking.

Section s. 548.0065, F.S., provides the standards and requirements for the regulation of amateur matches by the Commission.

Timeshares Chapter 721, F.S., provides for the regulation of timeshares. Section 721.03(1)(c), F.S., specifies requirements for all timeshare plans located outside of Florida but offered for sale in the state. Section 721.03(1)(c)5., F.S., provides that:

Notwithstanding any other provision of this paragraph, the offer, in this state, of an additional interest to existing purchasers in the same timeshare plan or the same component site of a multisite timeshare plan with accommodations and facilities located outside of this state shall not be subject to the provisions of this chapter if the offer complies with the provisions of s. 721.11(4).

Game Promotion in Connection with Sale of Consumer Products or Services Section 849.094, F.S., provides for regulation by the Department of Agriculture and Consumer Services over “game promotions.” “Game promotions.” are defined as a contest, game of chance, or gift enterprise conducted in this state and throughout other states for purposes of the sale of consumer products. The actions or transactions regulated by the Department of Business and Professional Regulation and certain activities of nonprofit organizations are specifically exempted from this section.


Effect of Proposed Changes:

Insurance The bill amends s. 718.111(11), F.S., to revise and clarify the insurance requirements for condominiums. The bill eliminates a requirement mandated in 2003 that the Office of Insurance Regulation (OIR) report and prepare for publication 18 months from the effective date of s. 718.111(11), F.S., an evaluation of the premium increases and decreases for condominium associations and unit owners, including the OIR’s recommendations. 22

Section 718.111(11)(a), F.S., maintains the current requirement for adequate insurance but uses the term “adequate hazard insurance” to specify the type of insurance that is required. It provides that adequate hazard insurance be based on the replacement cost of the property to be insured as determined by an independent insurance appraisal or update of a prior appraisal. The full insurable value must be determined at least every 36 months. Adequate hazard insurance is based


Chapter 2003-14, L.O.F.

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