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Glossary of Legislative Terms

CS/SB 966: Unclaimed Property

GENERAL BILL by Banking and Insurance ; Benacquisto ; (CO-INTRODUCERS) Gaetz ; Brandes ; Negron ; Bean ; Hutson ; Richter ; Detert ; Simpson ; Simmons ; Hays ; Stargel ; Soto ; Bradley

Unclaimed Property; Revising a presumption of when funds held or owing under a matured or terminated life or endowment insurance policy or annuity contract are unclaimed; requiring an insurer to compare records of certain insurance policies, annuity contracts, and retained asset accounts against the United States Social Security Administration Death Master File or a certain database or service to determine whether a death is indicated and to update certain records; providing the circumstances under which a policy, a contract, or an account is deemed to be in force, etc.

Effective Date: 4/12/2016
Last Action: 4/12/2016 - Chapter No. 2016-219
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
11/30/2015 Senate • Filed
12/11/2015 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 73
1/4/2016 Senate • On Committee agenda-- Banking and Insurance, 01/11/16, 4:00 pm, 110 Senate Office Building --Temporarily Postponed
1/12/2016 Senate • Introduced -SJ 73
1/14/2016 Senate • On Committee agenda-- Banking and Insurance, 01/19/16, 4:00 pm, 110 Senate Office Building
1/19/2016 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 238
1/21/2016 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Appropriations Subcommittee on General Government -SJ 238
• CS by Banking and Insurance read 1st time -SJ 241
2/8/2016 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 02/11/16, 10:00 am, 110 Senate Office Building
2/11/2016 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on General Government; YEAS 5 NAYS 0 -SJ 425
2/12/2016 Senate • Now in Appropriations -SJ 425
2/15/2016 Senate • On Committee agenda-- Appropriations, 02/18/16, 1:00 pm, 412 Knott Building
2/18/2016 Senate • Favorable by- Appropriations; YEAS 15 NAYS 0 -SJ 434
2/19/2016 Senate • Placed on Calendar, on 2nd reading -SJ 434
• Placed on Special Order Calendar, 02/23/16
2/23/2016 Senate • Read 2nd time -SJ 472
• Placed on 3rd reading
2/24/2016 Senate • Read 3rd time -SJ 490
• CS passed; YEAS 40 NAYS 0 -SJ 490
• Immediately certified -SJ 494
2/24/2016 House • In Messages
3/2/2016 House • Referred to Calendar -HJ 689
• Placed on Special Order Calendar, 03/04/16
• Received -HJ 689
3/4/2016 House • Substituted for CS/HB 1041 -HJ 815
• Read 2nd time -HJ 815
• Amendment(s) adopted (825195) -HJ 817
• Placed on 3rd reading
3/7/2016 House • Read 3rd time -HJ 855
• CS passed as amended; YEAS 109 NAYS 0 -HJ 856
3/7/2016 Senate • In returning messages
3/10/2016 Senate • Concurred in 1 amendment(s) (825195) -SJ 927, 928
• CS passed as amended; YEAS 39 NAYS 0 -SJ 928
• Ordered engrossed, then enrolled -SJ 928
3/28/2016 • Signed by Officers and presented to Governor
4/12/2016 • Approved by Governor
• Chapter No. 2016-219