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Glossary of Legislative Terms

CS/SB 658: Insurance

GENERAL BILL by Banking and Insurance ; Holzendorf

Insurance; defines term "statutory accounting principles"; provides for what constitutes asset of insurer; provides for assets not allowed in determining financial condition of insurer; revises provision concerning liability; provides for valuation of bonds; revises requirements for new appraisals in valuation of real property; revises requirements for collateral loans; provides transition selection for statutory accounting principles, etc. Amends FS.

Effective Date: 06/13/2001
 Last Action: 6/13/2001 - Approved by Governor; Chapter No. 2001-213
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/8/2001 Senate • Prefiled
    2/20/2001 Senate • Referred to Banking and Insurance; Finance and Taxation; Appropriations Subcommittee on General Government; Appropriations
    3/6/2001 Senate • Introduced, referred to Banking and Insurance; Finance and Taxation; Appropriations Subcommittee on General Government; Appropriations -SJ 00046; On Committee agenda-- Banking and Insurance, 03/06/01, 2:30 pm, 309-C; CS by Banking and Insurance; YEAS 13 NAYS 0 -SJ 00132; CS read first time on 03/08/01 -SJ 00135
    3/8/2001 Senate • Now in Finance and Taxation -SJ 00132
    3/19/2001 Senate • On Committee agenda-- Finance and Taxation, 03/22/01, 10:00 am, 37-S
    3/22/2001 Senate • Favorable by Finance and Taxation; YEAS 9 NAYS 0 -SJ 00220; Now in Appropriations Subcommittee on General Government -SJ 00220
    4/12/2001 Senate • Withdrawn from Appropriations Subcommittee on General Government; Appropriations -SJ 00350; Placed on Calendar, on second reading
    4/25/2001 Senate • Placed on Special Order Calendar -SJ 00465
    4/26/2001 Senate • Placed on Special Order Calendar -SJ 00465; Read second time -SJ 00508; Amendment(s) adopted -SJ 00508; Ordered engrossed -SJ 00511
    4/27/2001 Senate • Read third time -SJ 00559; Amendment(s) adopted -SJ 00559; CS passed as amended; YEAS 34 NAYS 0 -SJ 00559
    4/30/2001 Senate • Immediately certified -SJ 00640
    4/30/2001 House • In Messages
    5/3/2001 House • Received, placed on Calendar, on second reading -HJ 01833
    5/4/2001 House • Read second and third times -HJ 02003; CS passed; YEAS 118 NAYS 0 -HJ 02003
    5/4/2001 Senate • Ordered enrolled -SJ 02118
    5/29/2001 • Signed by Officers and presented to Governor
    6/13/2001 • Approved by Governor; Chapter No. 2001-213

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  • CS/SB 658, Enrolled (Current Bill Version) Posted 5/5/2001 at 5:35 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 307 Statutory Accounting Principles Clarke, Murman Compare Last Action: 5/4/2001 H Died in Committee on Banking (CCC), Link/Iden/Sim/Compare passed, refer to CS/SB 658 (Ch. 2001-213)
    Location:
    H 309 (c1) Surplus Lines Insurance Crow Compare Last Action: 5/4/2001 H Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/SB 658 (Ch. 2001-213)
    Location:
    S 482 (e1) Statutory Accounting Principles Pruitt Compare Last Action: 5/4/2001 H Died in Messages, Link/Iden/Sim/Compare passed, refer to CS/SB 658 (Ch. 2001-213)
    Location:

    Citations - Statutes (23)

    Citation Catchline Location in Bill Location In Bill Help
    624.610 Reinsurance.
    625.011
    625.012 "Assets" defined.
    625.031 Assets not allowed.
    625.041 Liabilities, in general.
    625.141 Valuation of bonds.
    625.161 Valuation of property.
    625.322 Collateral loans.
    626.916 Eligibility for export.
    626.918 Eligible surplus lines insurers.
    626.921 Florida Surplus Lines Service Office.
    626.923 Filing copy of policy or certificate.
    626.930 Records of surplus lines agent.
    626.931 Quarterly report.
    626.932 Surplus lines tax.
    626.933 Collection of tax.
    626.935 Suspension, revocation, or refusal of surplus lines agent's license.
    626.936 Failure to file report or pay tax; administrative penalty.
    626.9361 Failure to file report; administrative penalty.
    626.938 Report and tax of independently procured coverages.
    641.183
    641.19 Definitions.
    641.35 Assets, liabilities, and investments.

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  • CS/SB 658, Engrossed 2 Posted 4/28/2001 at 6:36 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    802509 - Amendment
    		Flanagan 4/30/2001
    11:10 AM     		Web Page
    PDF

    Floor Votes (1)

    Date Chamber Result
    5/4/2001 12:48 PM House 118 Yeas - 0 Nays

    Citations - Statutes (23)

    Citation Catchline Location in Bill Location In Bill Help
    624.610 Reinsurance.
    625.011
    625.012 "Assets" defined.
    625.031 Assets not allowed.
    625.041 Liabilities, in general.
    625.141 Valuation of bonds.
    625.161 Valuation of property.
    625.322 Collateral loans.
    626.916 Eligibility for export.
    626.918 Eligible surplus lines insurers.
    626.921 Florida Surplus Lines Service Office.
    626.923 Filing copy of policy or certificate.
    626.930 Records of surplus lines agent.
    626.931 Quarterly report.
    626.932 Surplus lines tax.
    626.933 Collection of tax.
    626.935 Suspension, revocation, or refusal of surplus lines agent's license.
    626.936 Failure to file report or pay tax; administrative penalty.
    626.9361 Failure to file report; administrative penalty.
    626.938 Report and tax of independently procured coverages.
    641.183
    641.19 Definitions.
    641.35 Assets, liabilities, and investments.

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  • CS/SB 658, Engrossed 1 Posted 4/27/2001 at 7:27 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    730818 - Amendment
    		Pruitt 4/27/2001
    9:13 AM     		Web Page
    PDF

    Floor Votes (1)

    Date Chamber Result
    4/27/2001 11:15 AM Senate 34 Yeas - 0 Nays

    Citations - Statutes (23)

    Citation Catchline Location in Bill Location In Bill Help
    624.610 Reinsurance.
    625.011
    625.012 "Assets" defined.
    625.031 Assets not allowed.
    625.041 Liabilities, in general.
    625.141 Valuation of bonds.
    625.161 Valuation of property.
    625.322 Collateral loans.
    626.916 Eligibility for export.
    626.918 Eligible surplus lines insurers.
    626.921 Florida Surplus Lines Service Office.
    626.923 Filing copy of policy or certificate.
    626.930 Records of surplus lines agent.
    626.931 Quarterly report.
    626.932 Surplus lines tax.
    626.933 Collection of tax.
    626.935 Suspension, revocation, or refusal of surplus lines agent's license.
    626.936 Failure to file report or pay tax; administrative penalty.
    626.9361 Failure to file report; administrative penalty.
    626.938 Report and tax of independently procured coverages.
    641.183
    641.19 Definitions.
    641.35 Assets, liabilities, and investments.

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  • CS/SB 658, Committee Substitute 1 Posted 3/9/2001 at 1:35 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 3/6/2001 (pdf)
    Finance and Taxation (Post-Meeting) 3/19/2001 (pdf)

    Floor Amendments (3)

    Amendment Sponsor Filed Last Floor Action Format
    360272 - Amendment
    		Holzendorf 4/26/2001
    9:36 AM     		Web Page
    PDF
    hierarchy 054382 - Amendment to Amendment (360272)
    		Pruitt 4/26/2001
    11:36 AM     		Web Page
    PDF
    hierarchy 830550 - Amendment to Amendment (360272)
    		Pruitt 4/26/2001
    11:57 AM     		Web Page
    PDF

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    626.916 Eligibility for export.
    626.918 Eligible surplus lines insurers.
    626.921 Florida Surplus Lines Service Office.
    626.923 Filing copy of policy or certificate.
    626.930 Records of surplus lines agent.
    626.931 Quarterly report.
    626.932 Surplus lines tax.
    626.933 Collection of tax.
    626.935 Suspension, revocation, or refusal of surplus lines agent's license.
    626.936 Failure to file report or pay tax; administrative penalty.
    626.9361 Failure to file report; administrative penalty.
    626.938 Report and tax of independently procured coverages.

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  • SB 658, Original Filed Version Posted 2/9/2001 at 1:24 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    626.916 Eligibility for export.
    626.923 Filing copy of policy or certificate.
    626.930 Records of surplus lines agent.
    626.931 Quarterly report.
    626.932 Surplus lines tax.
    626.933 Collection of tax.
    626.935 Suspension, revocation, or refusal of surplus lines agent's license.
    626.936 Failure to file report or pay tax; administrative penalty.
    626.9361 Failure to file report; administrative penalty.
    626.938 Report and tax of independently procured coverages.

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