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CS/SB 1714: Citizens Property Insurance Corporation

GENERAL BILL by Banking and Insurance ; Hays

Citizens Property Insurance Corporation; Discontinues policy discounts relating to the Citizens Property Insurance Corporation after a certain date. Directs the corporation to provide coverage to certain excluded residential structures but at rates deemed appropriate by the corporation. Provides that certain residential structures are not eligible for coverage by the corporation after a certain date. Prohibits the corporation from levying certain assessments with respect to a year's deficit until the corporation has first levied a specified surcharge, etc.

Effective Date: upon becoming a law
Last Action: 5/7/2011 Senate - Died in Budget, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Budget (BC)
  3. Rules (RC)

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  • Bill History

    Date Chamber Action
    3/4/2011 Senate • Filed
    3/10/2011 Senate • Referred to Banking and Insurance; Budget -SJ 194
    • Introduced -SJ 194
    3/24/2011 Senate • On Committee agenda-- Banking and Insurance, 03/29/11, 1:00 pm, 412 Knott Building
    3/29/2011 Senate • CS by Banking and Insurance; YEAS 6 NAYS 4 -SJ 323
    3/31/2011 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    4/1/2011 Senate • Now in Budget -SJ 323
    4/5/2011 Senate • CS by Banking and Insurance read 1st time -SJ 348
    4/7/2011 Senate • Also referred to Rules -SJ 461
    4/11/2011 Senate • On Committee agenda-- Budget, 04/14/11, 1:30 pm, 412 Knott Building --Not Considered
    4/14/2011 Senate • On Committee agenda-- Budget, 04/15/11, 1:30 pm, 412 Knott Building --Temporarily Postponed
    4/20/2011 Senate • On Committee agenda-- Budget, 04/25/11, 1:15 pm, 412 Knott Building --Not Considered
    4/21/2011 Senate • On Committee agenda-- Budget, 04/26/11, 9:45 am, 412 Knott Building --Not Considered
    • On Committee agenda-- Rules, 04/26/11, 1:00 pm, 110 Senate Office Building --Not Received
    5/7/2011 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Budget, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)

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  • CS/SB 1714, Committee Substitute 1 (Current Bill Version) Posted 3/31/2011 at 12:31 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 4/1/2011 (pdf)
    Budget (Pre-Meeting) 4/12/2011 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1243 (c2) Citizens Property Insurance Corporation Boyd Compare Last Action: 5/7/2011 H Died on Calendar, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)
    Location: On 2nd Reading Calendar
    S 408 (er) Property and Casualty Insurance Richter Compare Last Action: 5/17/2011 Chapter No. 2011-39, companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226), HB 4081 (Ch. 2011-11), SB 2156 (Ch. 2011-142)
    Location: Became Law

    Committee Amendments (9)

    Amendment Sponsor Filed Last Committee Action Format
    353118 - Amendment
    Delete lines 227 - 230 and insert:
    Budget
    (Hays)
    4/13/2011
    3:01 PM
    Web Page
    PDF
    173824 - Amendment
    Delete lines 583 - 584.
    Budget
    (Hays)
    4/13/2011
    2:59 PM
    Web Page
    PDF
    686040 - Amendment
    Delete line 741 and insert:
    Budget
    (Hays)
    4/13/2011
    3:00 PM
    Web Page
    PDF
    744572 - Amendment
    Delete line 826 and insert:
    Budget
    (Hays)
    4/13/2011
    3:01 PM
    Web Page
    PDF
    610816 - Amendment
    Delete line 889 and insert:
    Budget
    (Hays)
    4/13/2011
    3:01 PM
    Web Page
    PDF
    706004 - Amendment
    Delete lines 1431 - 1492 and insert:
    Budget
    (Hays)
    4/13/2011
    3:03 PM
    Web Page
    PDF
    hierarchy 110816 - Amendment to Amendment (706004)
    Delete line 58 and insert:
    Budget
    (Hays)
    4/14/2011
    10:17 AM
    Web Page
    PDF
    751012 - Amendment
    Delete line 1519 and insert:
    Budget
    (Joyner)
    4/22/2011
    9:44 AM
    Web Page
    PDF
    hierarchy 216526 - Substitute Amendment (751012)
    Delete lines 1501 - 1521 and insert:
    Budget
    (Negron)
    4/25/2011
    12:18 PM
    (Late Filed)
    Web Page
    PDF

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.0655 Policyholder loss or expense-related premium discounts. Page 3 (pdf)
    627.351 Insurance risk apportionment plans. Page 3 (pdf)
    627.3511 Depopulation of Citizens Property Insurance Corporation. Page 62 (pdf)

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  • SB 1714, Original Filed Version Posted 3/4/2011 at 10:20 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/28/2011 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1243 Citizens Property Insurance Corporation Boyd Identical Last Action: 5/7/2011 H Died on Calendar, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)
    Location: On 2nd Reading Calendar

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    946762 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:
    Banking and Insurance
    (Hays)
    3/28/2011
    12:55 PM
    Replaced by Committee Substitute
    3/29/2011
    Web Page
    PDF
    hierarchy 817068 - Amendment to Amendment (946762)
    Delete lines 184 - 195 and insert:
    Banking and Insurance
    (Bennett)
    3/29/2011
    8:38 AM
    Replaced by Committee Substitute
    3/29/2011
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/29/2011 1:00 PM Banking and Insurance 6 Yeas - 4 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 2 (pdf)
    627.3511 Depopulation of Citizens Property Insurance Corporation. Page 50 (pdf)
    627.712 Residential windstorm coverage required; availability of exclusions for windstorm or contents. Page 51 (pdf)

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