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CS/SB 416: Sinkhole Coverage

GENERAL BILL by Banking and Insurance ; Simpson

Sinkhole Coverage; Requiring Citizens Property Insurance Corporation to submit a biannual report on the number of residential sinkhole policies requested, issued, and declined; prohibiting the corporation from requiring a policyholder to advance payment for stabilization repairs provided under the program; providing requirements and procedures for selecting stabilization repair contractors to conduct stabilization repairs; specifying additional parameters with respect to the program, including provision for resolving disputes between the corporation and a policyholder, etc.

Effective Date: 7/1/2014
Last Action: 5/2/2014 Senate - Died in Appropriations
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    11/19/2013 Senate • Filed
    12/11/2013 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 38
    1/6/2014 Senate • On Committee agenda-- Banking and Insurance, 01/14/14, 2:00 pm, 110 Senate Office Building --Temporarily Postponed
    1/27/2014 Senate • On Committee agenda-- Banking and Insurance, 02/04/14, 2:00 pm, 110 Senate Office Building
    2/4/2014 Senate • CS by Banking and Insurance; YEAS 11 NAYS 1 -SJ 137
    2/6/2014 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    2/11/2014 Senate • Now in Appropriations Subcommittee on General Government -SJ 137
    2/28/2014 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 03/05/14, 11:00 am, 110 Senate Office Building --Amendments Adopted - Temporarily Postponed
    3/4/2014 Senate • Introduced -SJ 38
    • CS by Banking and Insurance read 1st time -SJ 123
    3/7/2014 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 03/12/14, 1:00 pm, 110 Senate Office Building
    3/12/2014 Senate • Subcommittee Recommendation: CS/CS by Appropriations Subcommittee on General Government; YEAS 10 NAYS 3 -SJ 243
    3/14/2014 Senate • Now in Appropriations -SJ 243
    5/2/2014 Senate • Died in Appropriations

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  • CS/SB 416, Committee Substitute 1 (Current Bill Version) Posted 2/6/2014 at 4:30 PM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on General Government (Pre-Meeting) 3/4/2014 (pdf)
    Appropriations Subcommittee on General Government (Post-Meeting) 3/17/2014 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 129 (c1) Sinkhole Coverage Raburn Similar Last Action: 5/2/2014 S Died in Banking and Insurance
    Location: In committee/council (BI)

    Proposed Committee Substitutes (1)

    PCS and Amendments Sponsor Filed Last Committee Action Format
    655076 - Proposed Committee Substitute Appropriations 3/14/2014
    4:13 PM

    Web Page
    PDF

    Committee Amendments (10)

    Amendment Sponsor Filed Last Committee Action Format
    146858 - Amendment
    Delete lines 52 - 287 and insert:
    Appropriations Subcommittee on General Government
    (Latvala)
    3/11/2014
    5:30 PM
    (Late Filed)
    Replaced by Substitute Amendment
    3/13/2014
    Web Page
    PDF
    hierarchy 952730 - Substitute Amendment (146858)
    Delete lines 225 - 233 and insert:
    Appropriations Subcommittee on General Government
    (Bradley)
    3/12/2014
    6:09 PM
    (Late Filed)
    Replaced by Committee Substitute
    3/13/2014
    Web Page
    PDF
    973154 - Amendment
    Delete lines 137 - 139 and insert:
    Appropriations Subcommittee on General Government
    (Simpson)
    3/5/2014
    8:59 AM
    (Late Filed)
    Replaced by Committee Substitute
    3/13/2014
    Web Page
    PDF
    120980 - Amendment
    Delete lines 140 - 148 and insert:
    Appropriations Subcommittee on General Government
    (Simpson)
    3/11/2014
    4:38 PM
    (Late Filed)
    Replaced by Committee Substitute
    3/13/2014
    Web Page
    PDF
    336794 - Amendment
    Delete lines 165 - 205 and insert:
    Appropriations Subcommittee on General Government
    (Simpson)
    3/11/2014
    5:31 PM
    (Late Filed)
    Replaced by Committee Substitute
    3/13/2014
    Web Page
    PDF
    673232 - Amendment
    Delete lines 166 - 205 and insert:
    Appropriations Subcommittee on General Government
    (Simpson)
    3/5/2014
    9:00 AM
    (Late Filed)
    Withdrawn
    3/13/2014
    Web Page
    PDF
    430014 - Amendment
    Delete line 199 and insert:
    Appropriations Subcommittee on General Government
    (Simpson)
    3/11/2014
    11:34 AM
    Replaced by Committee Substitute
    3/13/2014
    Web Page
    PDF
    615890 - Amendment
    Delete line 224 and insert:
    Appropriations Subcommittee on General Government
    (Simpson)
    3/11/2014
    11:35 AM
    Replaced by Committee Substitute
    3/13/2014
    Web Page
    PDF
    429040 - Amendment
    Between lines 265 and 266 insert:
    Appropriations Subcommittee on General Government
    (Simpson)
    3/5/2014
    9:00 AM
    (Late Filed)
    Replaced by Committee Substitute
    3/13/2014
    Web Page
    PDF
    448318 - Amendment
    Between lines 265 and 266 insert:
    Appropriations Subcommittee on General Government
    (Simpson)
    3/11/2014
    1:31 PM
    (Late Filed)
    Replaced by Committee Substitute
    3/13/2014
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/12/2014 1:00 PM Appropriations Subcommittee on General Government 10 Yeas - 3 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 2 (pdf)

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  • SB 416, Original Filed Version Posted 11/19/2013 at 12:51 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 1/13/2014 (pdf)
    Banking and Insurance (Post-Meeting) 2/6/2014 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 129 Insurance Raburn Similar Last Action: 5/2/2014 S Died in Banking and Insurance
    Location: In committee/council (BI)

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    300080 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:
    Banking and Insurance
    (Detert)
    2/3/2014
    1:35 PM
    Replaced by Committee Substitute
    2/4/2014
    Web Page
    PDF
    hierarchy 821536 - Amendment to Amendment (300080)
    Delete lines 229 - 230 and insert:
    Banking and Insurance
    (Simmons)
    2/4/2014
    11:35 AM
    Replaced by Committee Substitute
    2/4/2014
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    2/4/2014 2:00 PM Banking and Insurance 11 Yeas - 1 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 1 (pdf)
    627.706 Sinkhole insurance; catastrophic ground cover collapse; definitions. Page 7 (pdf)

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