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Glossary of Legislative Terms

CS/CS/SB 730: Insurer Insolvency

GENERAL BILL by Rules ; Banking and Insurance ; Passidomo

Insurer Insolvency; Adding the Insurer Receivership Model Act to a list of acts that extend reciprocity in the treatment of policyholders in receivership if such act is enacted in other states; revising the exclusive jurisdiction of the Circuit Court of Leon County, upon issuance of specified orders, of an insurer’s assets or property in a delinquency proceeding; requiring that specified large deductible claims under certain workers’ compensation policies must be turned over to the applicable responsible guaranty association for handling; prohibiting claims for postjugdment interest accrued after the date the court enters the order of liquidation, etc.

Effective Date: 7/1/2017
 Last Action: 5/2/2017 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 837 (Ch. 2017-143) -SJ 633
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
    2/27/2017 Senate • On Committee agenda-- Banking and Insurance, 03/06/17, 4:00 pm, 110 Senate Office Building
    3/6/2017 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 168
    3/7/2017 Senate • Introduced -SJ 90
    3/8/2017 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Appropriations Subcommittee on General Government -SJ 168
    • CS by Banking and Insurance read 1st time -SJ 170
    3/24/2017 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 03/29/17, 11:00 am, 110 Senate Office Building
    3/29/2017 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on General Government; YEAS 9 NAYS 0 -SJ 259
    • Now in Appropriations -SJ 259
    4/10/2017 Senate • On Committee agenda-- Appropriations, 04/13/17, 9:30 am, 412 Knott Building
    4/13/2017 Senate • Favorable by Appropriations; YEAS 18 NAYS 0 -SJ 404
    • Now in Rules -SJ 404
    4/14/2017 Senate • On Committee agenda-- Rules, 04/19/17, 4:00 pm, 110 Senate Office Building
    4/19/2017 Senate • CS/CS by- Rules; YEAS 11 NAYS 0 -SJ 443
    4/20/2017 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
    4/21/2017 Senate • Placed on Calendar, on 2nd reading -SJ 443
    4/25/2017 Senate • CS/CS by Rules read 1st time -SJ 445
    4/28/2017 Senate • Placed on Special Order Calendar, 05/02/17
    5/2/2017 Senate • Read 2nd time -SJ 632
    • Substituted CS/CS/HB 837 -SJ 633
    • Laid on Table, companion bill(s) passed, see CS/CS/HB 837 (Ch. 2017-143) -SJ 633

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  • CS/CS/SB 730, Committee Substitute 2 (Current Bill Version) Posted 4/20/2017 at 1:13 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 837 (er) Insurer Insolvency Raburn Similar Last Action: 6/26/2017 Chapter No. 2017-143 Track This Bill

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    631.015 Reciprocity; treatment of policyholders. Page 4 (pdf)
    631.021 Jurisdiction of delinquency proceeding; venue; change of venue; exclusiveness of remedy; appeal. Page 4 (pdf)
    631.031 Initiation and commencement of delinquency proceeding. Page 6 (pdf)
    631.041 Automatic stay; relief from stay; injunctions. Page 7 (pdf)
    631.141 Conduct of delinquency proceeding; domestic and alien insurers. Page 8 (pdf)
    631.152 Conduct of delinquency proceeding; foreign insurers. Page 9 (pdf)
    631.1521 Page 9 (pdf)
    631.1522 Page 10 (pdf)
    631.181 Filing and proof of claim. Page 11 (pdf)
    631.191 Special deposit claims and secured claims. Page 13 (pdf)
    631.192 Allowance of certain claims. Page 20 (pdf)
    631.271 Priority of claims. Page 20 (pdf)
    631.391 Cooperation of officers and employees. Page 22 (pdf)
    631.395 Guaranty fund; orders of court. Page 24 (pdf)
    631.397 Use of certain marshaled assets. Page 24 (pdf)

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  • CS/SB 730, Committee Substitute 1 Posted 3/8/2017 at 8:52 AM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on General Government (Pre-Meeting) 3/27/2017 (pdf)
    Appropriations Subcommittee on General Government (Post-Meeting) 3/29/2017 (pdf)
    Appropriations (Pre-Meeting) 4/12/2017 (pdf)
    Appropriations (Post-Meeting) 4/13/2017 (pdf)
    Rules (Pre-Meeting) 4/18/2017 (pdf)
    Rules (Post-Meeting) 4/20/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 837 (c2) Insurer Insolvency Raburn Similar Last Action: 6/26/2017 Chapter No. 2017-143 Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    176748 - Amendment
    Delete lines 325 - 586 and insert:     		Rules
    (Passidomo)     		4/18/2017
    10:51 AM     		Replaced by Committee Substitute
    4/19/2017     		Web Page
    PDF

    Committee Votes (3)

    Date Committee Result
    3/29/2017 11:00 AM Appropriations Subcommittee on General Government 9 Yeas - 0 Nays
    4/13/2017 9:30 AM Appropriations 18 Yeas - 0 Nays
    4/19/2017 4:00 PM Rules 11 Yeas - 0 Nays

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    631.015 Reciprocity; treatment of policyholders. Page 4 (pdf)
    631.021 Jurisdiction of delinquency proceeding; venue; change of venue; exclusiveness of remedy; appeal. Page 4 (pdf)
    631.031 Initiation and commencement of delinquency proceeding. Page 6 (pdf)
    631.041 Automatic stay; relief from stay; injunctions. Page 7 (pdf)
    631.141 Conduct of delinquency proceeding; domestic and alien insurers. Page 8 (pdf)
    631.152 Conduct of delinquency proceeding; foreign insurers. Page 9 (pdf)
    631.1521 Page 9 (pdf)
    631.1522 Page 10 (pdf)
    631.181 Filing and proof of claim. Page 11 (pdf)
    631.191 Special deposit claims and secured claims. Page 12 (pdf)
    631.192 Allowance of certain claims. Page 19 (pdf)
    631.271 Priority of claims. Page 19 (pdf)
    631.391 Cooperation of officers and employees. Page 21 (pdf)
    631.395 Guaranty fund; orders of court. Page 23 (pdf)
    631.397 Use of certain marshaled assets. Page 23 (pdf)

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  • SB 730, Original Filed Version Posted 2/6/2017 at 3:48 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/3/2017 (pdf)
    Banking and Insurance (Post-Meeting) 3/8/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 837 Insurer Insolvency Raburn Identical Last Action: 6/26/2017 Chapter No. 2017-143 Track This Bill

    Committee Amendments (6)

    Amendment Sponsor Filed Last Committee Action Format
    592904 - Amendment
    Delete lines 302 - 362 and insert:     		Banking and Insurance
    (Passidomo)     		3/3/2017
    12:22 PM     		Replaced by Substitute Amendment
    3/6/2017     		Web Page
    PDF
    hierarchy 865748 - Substitute Amendment (592904)
    Delete lines 302 - 362 and insert:     		Banking and Insurance
    (Farmer)     		3/6/2017
    1:10 PM     		Replaced by Committee Substitute
    3/6/2017     		Web Page
    PDF
    332784 - Amendment
    Delete lines 311 - 317.     		Banking and Insurance
    (Farmer)     		3/3/2017
    2:43 PM     		Withdrawn
    3/6/2017     		Web Page
    PDF
    682696 - Amendment
    Delete lines 338 - 358 and insert:     		Banking and Insurance
    (Farmer)     		3/3/2017
    2:42 PM     		Withdrawn
    3/6/2017     		Web Page
    PDF
    464120 - Amendment
    Delete lines 356 - 358.     		Banking and Insurance
    (Farmer)     		3/3/2017
    2:43 PM     		Withdrawn
    3/6/2017     		Web Page
    PDF
    374774 - Amendment
    Between lines 466 and 467 insert:     		Banking and Insurance
    (Passidomo)     		3/3/2017
    3:46 PM     		Replaced by Committee Substitute
    3/6/2017     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/6/2017 4:00 PM Banking and Insurance 9 Yeas - 0 Nays

    Citations - Statutes (14)

    Citation Catchline Location in Bill Location In Bill Help
    631.015 Reciprocity; treatment of policyholders. Page 3 (pdf)
    631.021 Jurisdiction of delinquency proceeding; venue; change of venue; exclusiveness of remedy; appeal. Page 4 (pdf)
    631.031 Initiation and commencement of delinquency proceeding. Page 6 (pdf)
    631.041 Automatic stay; relief from stay; injunctions. Page 6 (pdf)
    631.141 Conduct of delinquency proceeding; domestic and alien insurers. Page 7 (pdf)
    631.152 Conduct of delinquency proceeding; foreign insurers. Page 8 (pdf)
    631.1521 Page 8 (pdf)
    631.1522 Page 9 (pdf)
    631.181 Filing and proof of claim. Page 10 (pdf)
    631.192 Allowance of certain claims. Page 11 (pdf)
    631.271 Priority of claims. Page 11 (pdf)
    631.391 Cooperation of officers and employees. Page 13 (pdf)
    631.395 Guaranty fund; orders of court. Page 15 (pdf)
    631.397 Use of certain marshaled assets. Page 15 (pdf)

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