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The Florida Senate

SB 728: Property Insurance


Property Insurance; Revising limitations on the aggregate amount of certain emergency assessments levied by the board of governors of the Citizens Property Insurance Corporation; prohibiting the corporation from pledging more than a specified percent of its commercial lines account emergency assessment authority to secure the issuance of bonds or any other security; revising a limitation on a certain obligation of the Florida Insurance Guaranty Association for policies covering condominium associations or homeowners’ associations; requiring the Office of Insurance Regulation to levy specified additional emergency assessments against certain insurers for specified purposes, etc.

Effective Date: Upon becoming a law
Last Action: 5/5/2017 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Appropriations (AP)
  4. Rules (RC)

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  • Bill History

    Date Chamber Action
    2/6/2017 Senate • Filed
    2/16/2017 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations; Rules -SJ 90
    3/7/2017 Senate • Introduced -SJ 90
    5/5/2017 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Banking and Insurance

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  • SB 728, Original Filed Version (Current Bill Version) Posted 2/6/2017 at 3:23 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 639 Emergency Assessments for Property Insurance Shaw Identical Last Action: 5/5/2017 H Died in Insurance and Banking Subcommittee

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    625.012 “Assets” defined. Page 17 (pdf)
    627.351 Insurance risk apportionment plans. Page 1 (pdf)
    631.57 Powers and duties of the association. Page 12 (pdf)

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