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The Florida Senate

HB 639: Emergency Assessments for Property Insurance


Emergency Assessments for Property Insurance; Revises limitations on certain emergency assessments levied by Citizens Property Insurance Corporation & limits the corporation's authority to pledge certain account's emergency assessment to secure issuance of bonds or other security; revises limitation on Florida Insurance Guaranty Association's obligations for policies covering condominium or homeowners' associations; requires OIR to levy specified additional emergency assessments against certain insurers for specified purposes.

Effective Date: upon becoming a law
Last Action: 5/5/2017 House - Died in Insurance and Banking Subcommittee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    2/6/2017 House • Filed
    2/15/2017 House • Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 78
    3/7/2017 House • Introduced -HJ 78
    5/5/2017 House • Indefinitely postponed and withdrawn from consideration
    • Died in Insurance and Banking Subcommittee

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  • HB 639, Original Filed Version (Current Bill Version) Posted 2/6/2017 at 10:08 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 728 Property Insurance Rouson Identical Last Action: 5/5/2017 S Died in Banking and Insurance

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    625.012 “Assets” defined. Page 20 (pdf)
    627.351 Insurance risk apportionment plans. Page 2 (pdf)
    631.57 Powers and duties of the association. Page 14 (pdf)

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