CS/CS/HB 305: Insurance
GENERAL BILL by Commerce Committee ; Insurance and Banking Subcommittee ; Rommel ; (CO-INTRODUCERS) Hage ; Leek ; Melo ; Roth ; Sabatini
Insurance; Prohibits contractor from executing contract with residential property owner for roofing repair or replacement unless certain notice is included; revises Citizens Property Insurance Corporation to include costs of catastrophe reinsurance to its projected 100-year probable maximum loss in its rate calculations; requires corporation to annually implement rate increase that does not exceed certain percent for specified years; requires corporation's budget allocations for salaries for corporation's employees, all employee raises exceeding 10 percent, & employee compensation plan for corporation to be approved by corporation's board of governors; provides that, for award of attorney fees for claim under property insurance policy, application of contingency risk multiplier may be considered only if certain factors have been met; requires written acceptance of actual cash value coverage in homeowner's policy.
Last Action: 4/27/2021 House - Laid on Table, refer to CS/CS/CS/SB 76
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/19/2021 | House |
• Filed |
| 2/3/2021 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Civil Justice & Property Rights Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 3/2/2021 | House |
• 1st Reading (Original Filed Version) |
| 3/15/2021 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 3/19/2021 | House |
• PCS added to Insurance & Banking Subcommittee agenda |
| 3/23/2021 | House |
• Favorable with CS by Insurance & Banking Subcommittee |
| 3/24/2021 | House |
• Reported out of Insurance & Banking Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed |
| 3/25/2021 | House |
• 1st Reading (Committee Substitute 1) |
| 3/26/2021 | House |
• Referred to Civil Justice & Property Rights Subcommittee • Referred to Commerce Committee • Now in Civil Justice & Property Rights Subcommittee |
| 4/2/2021 | House |
• Added to Civil Justice & Property Rights Subcommittee agenda |
| 4/6/2021 | House |
• Favorable by Civil Justice & Property Rights Subcommittee • Reported out of Civil Justice & Property Rights Subcommittee • Now in Commerce Committee |
| 4/18/2021 | House |
• Added to Commerce Committee agenda • Added to Commerce Committee agenda |
| 4/22/2021 | House |
• PCS added to Commerce Committee agenda |
| 4/23/2021 | House |
• Favorable with CS by Commerce Committee • Reported out of Commerce Committee • Laid on Table under Rule 7.18(a) • CS Filed • Bill referred to House Calendar |
| 4/26/2021 | House |
• 1st Reading (Committee Substitute 2) • Added to Second Reading Calendar |
| 4/27/2021 | House |
• Laid on Table, refer to CS/CS/CS/SB 76 |
