CS/CS/SB 1716: Citizens Property Insurance Corporation
GENERAL BILL by Fiscal Policy ; Banking and Insurance ; Boyd
Citizens Property Insurance Corporation; Revising a requirement for certain flood insurance; providing that certain structures located within certain zip codes are eligible for coverage from the corporation; providing that certain accounts for Citizens Property Insurance Corporation revenues, assets, liabilities, losses, and expenses are now maintained as the Citizens account; deleting provisions relating to surcharges and regular assessments upon determination of projected deficits; providing that certain personal lines residential risks are not eligible for any policy issued by the corporation, etc.
Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon becoming a law, this act shall take effect July 1, 2024
Last Action: 3/6/2024 Senate - Laid on Table, refer to CS/CS/HB 1503 -SJ 808
Bill Text: Web Page | PDF
Last Action: 3/6/2024 Senate - Laid on Table, refer to CS/CS/HB 1503 -SJ 808
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Fiscal Policy (FP)
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Bill History
Date Chamber Action 1/5/2024 Senate • Filed
1/11/2024 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
• Introduced
1/17/2024 Senate • On Committee agenda-- Banking and Insurance, 01/22/24, 4:00 pm, 412 Knott Building --Temporarily Postponed
1/24/2024 Senate • On Committee agenda-- Banking and Insurance, 01/29/24, 1:30 pm, 412 Knott Building
1/29/2024 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0
1/30/2024 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Original reference(s) removed: Appropriations Committee on Agriculture, Environment, and General Government
• Remaining references corrected to Fiscal Policy
• Now in Fiscal Policy
2/1/2024 Senate • CS by Banking and Insurance read 1st time
2/12/2024 Senate • On Committee agenda-- Fiscal Policy, 02/15/24, 12:00 pm, 412 Knott Building --Temporarily Postponed
2/22/2024 Senate • On Committee agenda-- Fiscal Policy, 02/27/24, 9:00 am, 412 Knott Building
2/27/2024 Senate • CS/CS by- Fiscal Policy; YEAS 19 NAYS 0
2/29/2024 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• CS/CS by Fiscal Policy read 1st time
3/4/2024 Senate • Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 03/06/24
3/6/2024 Senate • Read 2nd time -SJ 808
• Substituted CS/CS/HB 1503 -SJ 808
• Laid on Table, refer to CS/CS/HB 1503 -SJ 808
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CS/CS/SB 1716, Committee Substitute 2 (Current Bill Version) Posted 2/29/2024 at 2:31 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (4)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1503 (er) Citizens Property Insurance Corporation Insurance & Banking Subcommittee Similar Last Action: 4/25/2024 Signed by Officers and presented to Governor 
H 565 Coverage by Citizens Property Insurance Corporation Mooney Compare Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee
H 1213 Windstorm Coverage by Citizens Property Insurance Corporation Roach, Cassel Compare Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee
S 604 Citizens Property Insurance Corporation Rodriguez Compare Last Action: 3/8/2024 S Died in Banking and Insurance
Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 627.351 Insurance risk apportionment plans. Page 4 (pdf), Page 5 (pdf) 627.3511 Depopulation of Citizens Property Insurance Corporation. Page 98 (pdf) 627.3518 Citizens Property Insurance Corporation policyholder eligibility clearinghouse program. Page 102 (pdf) -
CS/SB 1716, Committee Substitute 1 Posted 1/30/2024 at 11:23 AM
Bill Text: Web Page | PDF Analyses: Fiscal Policy (Pre-Meeting) 2/26/2024 (pdf)
Fiscal Policy (Post-Meeting) 2/29/2024 (pdf)
Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1503 (c2) Citizens Property Insurance Corporation Insurance & Banking Subcommittee Similar Last Action: 4/25/2024 Signed by Officers and presented to Governor
H 1213 Windstorm Coverage by Citizens Property Insurance Corporation Roach, Cassel Compare Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee
Committee Amendments (2)
Amendment Sponsor Filed Last Committee Action Format 443848 - Amendment
Delete lines 708 - 2925 and insert:Fiscal Policy
(Boyd)2/26/2024
7:42 AMReplaced by Committee Substitute
2/28/2024Web Page
PDF302782 - Amendment
Delete line 2949 and insert:Fiscal Policy
(Rodriguez)2/26/2024
5:45 PMReplaced by Committee Substitute
2/28/2024Web Page
PDFCommittee Votes (1)
Date Committee Result 2/27/2024 9:00 AM Fiscal Policy 19 Yeas - 0 Nays Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 627.351 Insurance risk apportionment plans. Page 3 (pdf) 627.3511 Depopulation of Citizens Property Insurance Corporation. Page 95 (pdf) 627.3518 Citizens Property Insurance Corporation policyholder eligibility clearinghouse program. Page 99 (pdf) -
SB 1716, Original Filed Version Posted 1/5/2024 at 7:40 PM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Pre-Meeting) 1/26/2024 (pdf)
Banking and Insurance (Post-Meeting) 1/30/2024 (pdf)
Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1503 Citizens Property Insurance Corporation Insurance & Banking Subcommittee Similar Last Action: 4/25/2024 Signed by Officers and presented to Governor
H 1213 Windstorm Coverage by Citizens Property Insurance Corporation Roach, Cassel Compare Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 975616 - Amendment (Delete All)
Delete everything after the enacting clause and insert:Banking and Insurance
(Boyd)1/26/2024
12:53 PMReplaced by Committee Substitute
1/30/2024Web Page
PDFCommittee Votes (1)
Date Committee Result 1/29/2024 1:30 PM Banking and Insurance 9 Yeas - 0 Nays Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 627.351 Insurance risk apportionment plans. Page 3 (pdf) 627.3511 Depopulation of Citizens Property Insurance Corporation. Page 95 (pdf) 627.3518 Citizens Property Insurance Corporation policyholder eligibility clearinghouse program. Page 99 (pdf)