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SB 1454: Florida Hurricane Catastrophe Fund


Florida Hurricane Catastrophe Fund; Deleting the cash build-up factor in the formula used for determining insurer reimbursement premiums paid to the fund, etc.

Effective Date: Upon becoming a law
Last Action: 3/10/2018 Senate - Died in Appropriations Subcommittee on General Government
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
    1/3/2018 Senate • Filed
    1/12/2018 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 169
    1/17/2018 Senate • Introduced -SJ 169
    2/15/2018 Senate • On Committee agenda-- Banking and Insurance, 02/20/18, 1:30 pm, 110 Senate Office Building
    2/20/2018 Senate • Favorable by Banking and Insurance; YEAS 8 NAYS 3 -SJ 374
    • Now in Appropriations Subcommittee on General Government -SJ 374
    3/10/2018 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Appropriations Subcommittee on General Government

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  • SB 1454, Original Filed Version (Current Bill Version) Posted 1/3/2018 at 12:49 PM

    Bill Text:   Web Page PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 2/19/2018 (pdf)
    Banking and Insurance (Post-Meeting) 2/20/2018 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 97 (c1) Florida Hurricane Catastrophe Fund Santiago Compare Last Action: 3/10/2018 H Died in Commerce Committee

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    145570 - Amendment
    Between lines 14 and 15 insert:
    Banking and Insurance
    8:07 AM
    (Late Filed)
    Web Page

    Committee Votes (1)

    Date Committee Result
    2/20/2018 1:30 PM Banking and Insurance 8 Yeas - 3 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 1 (pdf)
    627.062 Rate standards. Page 2 (pdf)
    627.351 Insurance risk apportionment plans. Page 4 (pdf)

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