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Glossary of Legislative Terms

CS/CS/SB 600: Insurance Guaranty Associations

GENERAL BILL by Commerce and Tourism ; Banking and Insurance ; Richter

Insurance Guaranty Associations; Revising the definition of the term “asset” to include Florida Insurance Guaranty Association assessments, under certain conditions, for purposes of determining the financial condition of an insurer; transferring a provision relating to the obligation of the Florida Life and Health Insurance Guaranty Association to pay valid claims under certain circumstances, etc.

Effective Date: 7/1/2015
 Last Action: 4/23/2015 Senate - Laid on Table, companion bill(s) passed, see CS/HB 189 (Ch. 2015-167) -SJ 587
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Fiscal Policy (FP)

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  • Bill History

    Date Chamber Action
    2/2/2015 Senate • Filed
    2/5/2015 Senate • Referred to Banking and Insurance; Commerce and Tourism; Fiscal Policy -SJ 72
    2/9/2015 Senate • On Committee agenda-- Banking and Insurance, 02/17/15, 9:00 am, 110 Senate Office Building
    2/17/2015 Senate • CS by Banking and Insurance; YEAS 11 NAYS 0 -SJ 159
    2/18/2015 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    2/20/2015 Senate • Now in Commerce and Tourism -SJ 159
    3/3/2015 Senate • Introduced -SJ 72
    • CS by Banking and Insurance read 1st time -SJ 155
    3/11/2015 Senate • On Committee agenda-- Commerce and Tourism, 03/16/15, 2:00 pm, 110 Senate Office Building
    3/16/2015 Senate • CS/CS by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 193
    3/17/2015 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • CS/CS by Commerce and Tourism read 1st time -SJ 204
    3/18/2015 Senate • Now in Fiscal Policy -SJ 193
    3/30/2015 Senate • On Committee agenda-- Fiscal Policy, 04/02/15, 11:30 am, 412 Knott Building
    4/2/2015 Senate • Favorable by- Fiscal Policy; YEAS 11 NAYS 0 -SJ 343
    • Placed on Calendar, on 2nd reading -SJ 343
    4/20/2015 Senate • Placed on Special Order Calendar, 04/23/15
    4/23/2015 Senate • Read 2nd time -SJ 587
    • Substituted CS/HB 189 -SJ 587
    • Laid on Table, companion bill(s) passed, see CS/HB 189 (Ch. 2015-167) -SJ 587

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  • CS/CS/SB 600, Committee Substitute 2 (Current Bill Version) Posted 3/17/2015 at 8:19 AM

    Bill Text:   Web Page | PDF
    Analyses:   Fiscal Policy (Pre-Meeting) 4/1/2015 (pdf)
    Fiscal Policy (Post-Meeting) 4/2/2015 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 189 (er) Insurance Guaranty Associations Cummings Similar Last Action: 6/17/2015 Chapter No. 2015-167
    Location: Became Law     		Track This Bill

    Committee Votes (1)

    Date Committee Result
    4/2/2015 11:30 AM Fiscal Policy 11 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    625.012 “Assets” defined. Page 1 (pdf)
    631.717 Powers and duties of the association. Page 2 (pdf)
    631.737 Rescission and review generally. Page 2 (pdf)

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  • CS/SB 600, Committee Substitute 1 Posted 2/18/2015 at 9:14 AM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce and Tourism (Pre-Meeting) 3/13/2015 (pdf)
    Commerce and Tourism (Post-Meeting) 3/16/2015 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 189 (c1) Insurance Guaranty Associations Cummings Similar Last Action: 6/17/2015 Chapter No. 2015-167
    Location: Became Law     		Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    831994 - Amendment
    Delete lines 72 - 77.     		Commerce and Tourism
    (Richter)     		3/13/2015
    2:00 PM     		Replaced by Committee Substitute
    3/16/2015     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/16/2015 2:00 PM Commerce and Tourism 6 Yeas - 0 Nays

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    624.316 Examination of insurers. Page 3 (pdf)
    625.012 “Assets” defined. Page 1 (pdf)
    625.031 Assets not allowed. Page 3 (pdf)
    625.305 Diversification. Page 3 (pdf)
    627.828 License required. Page 3 (pdf)
    629.401 Insurance exchange. Page 3 (pdf)
    631.717 Powers and duties of the association. Page 2 (pdf)
    631.737 Rescission and review generally. Page 3 (pdf)

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  • SB 600, Original Filed Version Posted 2/2/2015 at 8:27 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 2/15/2015 (pdf)
    Banking and Insurance (Post-Meeting) 2/17/2015 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 189 Insurance Guaranty Associations Cummings Similar Last Action: 6/17/2015 Chapter No. 2015-167
    Location: Became Law     		Track This Bill

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    727610 - Amendment
    Delete line 26 and insert:     		Banking and Insurance
    (Richter)     		2/16/2015
    8:12 AM     		Replaced by Committee Substitute
    2/17/2015     		Web Page
    PDF
    879430 - Amendment
    Delete line 40 and insert:     		Banking and Insurance
    (Richter)     		2/16/2015
    8:12 AM     		Replaced by Committee Substitute
    2/17/2015     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    2/17/2015 9:00 AM Banking and Insurance 11 Yeas - 0 Nays

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    624.316 Examination of insurers. Page 3 (pdf)
    625.012 “Assets” defined. Page 1 (pdf)
    625.031 Assets not allowed. Page 3 (pdf)
    625.305 Diversification. Page 3 (pdf)
    627.828 License required. Page 3 (pdf)
    629.401 Insurance exchange. Page 3 (pdf)
    631.717 Powers and duties of the association. Page 2 (pdf)
    631.737 Rescission and review generally. Page 2 (pdf)

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