REPRESENTATIVE
MARTI
COLEY
ON
THE
STATE’S
REVENUE
SHORTFALL
AND
PERSONAL
INJURY
PROTECTION
(PIP)
REFORM
TALLAHASSEE – State Representative
Marti Coley (R-Marianna) announced today her
optimism regarding the October 3rd Special
Session dealing with the state’s revenue
shortfall and Personal Injury Protection (PIP)
Reform.
“As legislators, we are charged with ensuring
that state government continues to practice
fiscal discipline and spends the taxpayer’s
money wisely. The bottom line continues to
remain the same: Florida’s families have less to
spend, which means state government must spend
less too,” said Representative Coley. “The
revenue forecast has changed. We created a state
budget for the current year fiscal year during
the 2007 Regular Session based on a forecast for
future revenue collection. In August 2007, the
Revenue Estimating Conference revised the
forecast to show that the state has collected,
and will continue to collect, less revenue than
originally projected.”
Since the state is collecting less revenue than
expected, we are ending the fiscal year with a
smaller balance than was originally anticipated.
Because the Florida Constitution requires the
budget to be balanced, the State cannot carry a
deficit.
In addition to the budget issues, the
legislature will also consider the Florida law
that requires every driver to carry personal
injury protection insurance (PIP), which ensures
that motorists involved in accidents have the
ability to pay for their medical treatment and
associated expenses. PIP pays the policyholder’s
benefits no matter who was at-fault for the
accident. In other words, your insurance pays
for your medical expenses, even if the accident
was someone else’s fault. However, there are
individuals who take advantage of the current
system and file fraudulent claims that increase
the burden to insurers and their customers.
Current proposed legislation would help stem the
rising tide of these fraudulent claims and still
provide our citizens with the ability to get the
medical treatment they need.
“I understand the concern that some Florida
hospitals will be left holding the bill for
uninsured drivers who are injured in auto
accidents if PIP simply sunsets with no
alternative in place. We are committed in the
House to continue to work until the deadline to
reach an agreement with the Senate over PIP’s
future,” said Representative Coley.