Pushing Rope: Rick Scott Signs SB 408

Pushing Rope: Rick Scott Signs SB 408: "“On behalf of the constituents I represent, and all homeowners in Florida, I am disappointed that this bad piece of legislation has been signed into law,” Senator Fasano states. “For an administration which vowed not to support new taxes or fees, this bill virtually guarantees a 15% premium “reinsurance” increase for Florida policy holders. This is a backdoor tax and fee increase that will hurt most homeowners with a mortgage, consumers and small business owners at a time with very high foreclosure and unemployment rates, all during a fragile economic recovery.”"