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CS/CS/HB 835: Citizens Property Insurance Corporation

GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Wood

Citizens Property Insurance Corporation; Provides that certain residential structures are not eligible for coverage by corporation after specified dates; provides exception; prohibits corporation from covering new construction of major structure, or substantial improvements, commencing on or after July 1, 2014, that is seaward of coastal construction control line or is within Coastal Barrier Resources System; revises membership of board of governors of corporation; restricts eligibility of risk for renewal policy issued by corporation; requires disclosure of potential corporation surcharges & policyholder obligations; revises duties & responsibilities of internal auditor; authorizes insurers taking out, assuming, or removing policies from corporation to use corporation's policy forms & endorsements for specified time without approval by OIR; authorizes corporation to adopt policy forms that allow corporation to replace or repair covered damage in lieu of paying value of loss; establishes Office of Inspector General within corporation; provides for appointment, qualifications, duties, & responsibilities of inspector general; provides that corporation is subject to state agency purchasing requirements; provides procedures for protesting purchasing decisions.

Effective Date: 7/1/2013
Last Action: 5/3/2013 House - Died on Calendar, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60)
Location: On 2nd Reading Calendar
Bill Text: PDF



Bill History

Date Chamber Action
2/15/2013 House • Filed
2/28/2013 House • Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee -HJ 85
3/4/2013 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/06/13, 1:00 pm, 404 HOB
3/5/2013 House • Introduced -HJ 85
3/6/2013 House • CS by Insurance and Banking Subcommittee; YEAS 12 NAYS 1 -HJ 227
3/12/2013 House • Pending review of CS under Rule 7.19(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 226
3/13/2013 House • Now in Government Operations Appropriations Subcommittee -HJ 241
3/18/2013 House • On Committee agenda-- Government Operations Appropriations Subcommittee, 03/20/13, 1:00 pm, Morris Hall
3/20/2013 House • Favorable by Government Operations Appropriations Subcommittee; YEAS 10 NAYS 1 -HJ 306
• Now in Regulatory Affairs Committee -HJ 306
4/12/2013 House • On Committee agenda-- Regulatory Affairs Committee, 04/16/13, 9:00 am, 404 HOB
4/16/2013 House • CS/CS by- Regulatory Affairs Committee; YEAS 17 NAYS 0 -HJ 702
4/22/2013 House • Pending review of CS -under Rule 7.19(c)
• CS/CS by Regulatory Affairs Committee read 1st time -HJ 694
4/23/2013 House • Placed on Calendar -HJ 735
5/3/2013 House • Died on Calendar, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60)