SB 1470: Florida Life and Health Insurance Guaranty Association
GENERAL BILL by Boyd
Florida Life and Health Insurance Guaranty Association; Defining the term “Moody’s Corporate Bond Yield Average”; authorizing the association to assume or reissue covered policies of impaired insurers; granting the association the right to appear or intervene before a court or an agency in certain proceedings; revising the calculation of Class A assessments; specifying requirements for repayment of deferred assessments upon removal or rectification of the conditions causing a deferral, etc.
Effective Date: 7/1/2021
Last Action: 4/21/2021 Senate - Laid on Table, companion bill(s) passed, see HB 797 (Ch. 2021-109) -SJ 515
Bill Text: Web Page | PDF
Last Action: 4/21/2021 Senate - Laid on Table, companion bill(s) passed, see HB 797 (Ch. 2021-109) -SJ 515
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Appropriations Subcommittee on Agriculture, Environment, and General Government (AEG)
- Appropriations (AP)
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Bill History
Date Chamber Action 2/19/2021 Senate • Filed
3/2/2021 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 143
• Introduced -SJ 143
3/11/2021 Senate • On Committee agenda-- Banking and Insurance, 03/16/21, 9:30 am, 412 Knott Building
3/16/2021 Senate • Favorable by Banking and Insurance; YEAS 12 NAYS 0 -SJ 270
3/17/2021 Senate • Now in Appropriations Subcommittee on Agriculture, Environment, and General Government
3/19/2021 Senate • On Committee agenda-- Appropriations Subcommittee on Agriculture, Environment, and General Government, 03/24/21, 4:30 pm, 110 Senate Building
3/24/2021 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on Agriculture, Environment, and General Government; YEAS 11 NAYS 0 -SJ 313
3/25/2021 Senate • Now in Appropriations
4/12/2021 Senate • On Committee agenda-- Appropriations, 04/15/21, 9:00 am, 412 Knott Building
4/14/2021 Senate • On Committee agenda-- Appropriations, 04/19/21, 10:00 am, 412 Knott Building
4/15/2021 Senate • Favorable by- Appropriations; YEAS 20 NAYS 0 -SJ 472
4/16/2021 Senate • Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 04/21/21 -SJ 559
4/21/2021 Senate • Read 2nd time -SJ 515
• Substituted HB 797 -SJ 515
• Laid on Table, companion bill(s) passed, see HB 797 (Ch. 2021-109) -SJ 515
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SB 1470, Original Filed Version (Current Bill Version) Posted 2/19/2021 at 2:33 PM
Bill Text: Web Page | PDF Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 797 (er) Florida Life and Health Insurance Guaranty Association Robinson Similar Last Action: 6/17/2021 Chapter No. 2021-109 
Committee Votes (3)
Date Committee Result 3/16/2021 9:30 AM Banking and Insurance 12 Yeas - 0 Nays 3/24/2021 4:30 PM Appropriations Subcommittee on Agriculture, Environment, and General Government 11 Yeas - 0 Nays 4/15/2021 9:00 AM Appropriations View Vote Record Citations - Statutes (4)
Citation Catchline Location in Bill Location In Bill Help 631.714 Definitions. Page 2 (pdf) 631.717 Powers and duties of the association. Page 2 (pdf) 631.718 Assessments. Page 3 (pdf) 631.721 Plan of operation. Page 4 (pdf)