SB 1402: Domestic Surplus Lines Insurers
GENERAL BILL by Burgess
Domestic Surplus Lines Insurers; Providing that specified nonadmitted insurers are eligible to transact insurance as domestic surplus lines insurers under certain circumstances; requiring domestic surplus lines insurers to maintain a minimum surplus amount; authorizing domestic surplus lines insurers to write only surplus lines insurance under a specified circumstance; prohibiting such insurers from simultaneously holding any certificate of authority to operate as admitted insurers; providing exemptions from specified requirements for surplus lines insurance policies issued by such insurers, etc.
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 1/3/2022 Senate • Filed
1/12/2022 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 125
1/13/2022 Senate • On Committee agenda-- Banking and Insurance, 01/18/22, 3:30 pm, 412 Knott Building
1/18/2022 Senate • Introduced -SJ 125
• Favorable by Banking and Insurance; YEAS 9 NAYS 0 -SJ 210
1/19/2022 Senate • Now in Appropriations Subcommittee on Agriculture, Environment, and General Government
1/21/2022 Senate • On Committee agenda-- Appropriations Subcommittee on Agriculture, Environment, and General Government, 01/26/22, 3:30 pm, 110 Senate Building
1/26/2022 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on Agriculture, Environment, and General Government; YEAS 10 NAYS 0 -SJ 237
1/27/2022 Senate • Now in Appropriations
2/4/2022 Senate • On Committee agenda-- Appropriations, 02/09/22, 9:00 am, 412 Knott Building
2/9/2022 Senate • Favorable by- Appropriations; YEAS 20 NAYS 0 -SJ 364
2/10/2022 Senate • Placed on Calendar, on 2nd reading
2/17/2022 Senate • Placed on Special Order Calendar, 02/23/22 -SJ 451
2/23/2022 Senate • Retained on Calendar
2/28/2022 Senate • Placed on Special Order Calendar, 03/02/22 -SJ 521
3/2/2022 Senate • Read 2nd time -SJ 497
• Amendment(s) adopted (906044) -SJ 505
• Ordered engrossed
• Placed on 3rd reading
3/3/2022 Senate • Read 3rd time -SJ 589
• Passed as amended; YEAS 28 NAYS 8 -SJ 589, 590
3/3/2022 House • In Messages
3/12/2022 House • Indefinitely postponed and withdrawn from consideration
3/14/2022 House • Died in Messages
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SB 1402, Engrossed 1 (Current Bill Version) Posted 3/2/2022 at 2:23 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 951 (c1) Domestic Surplus Lines Insurers Commerce Committee Similar Last Action: 3/14/2022 H Died on Second Reading Calendar 
Floor Amendments (1)
Amendment Sponsor Filed Last Floor Action Format 079081 - Amendment
Between lines 148 and 149, insert:Hunschofsky 3/7/2022
3:49 PMPDF Floor Votes (1)
Date Chamber Result 3/3/2022 7:32 PM Senate 28 Yeas - 8 Nays Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 458.320 Financial responsibility. Page 6 (pdf) 459.0085 Financial responsibility. Page 7 (pdf) 464.0123 Autonomous practice by an advanced practice registered nurse. Page 9 (pdf) 626.914 Definitions. Page 2 (pdf) 626.91805 Page 3 (pdf) 629.401 Insurance exchange. Page 10 (pdf) -
SB 1402, Original Filed Version Posted 1/3/2022 at 3:30 PM
Bill Text: Web Page | PDF Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 951 (c1) Domestic Surplus Lines Insurers Commerce Committee Compare Last Action: 3/14/2022 H Died on Second Reading Calendar
Floor Amendments (4)
Amendment Sponsor Filed Last Floor Action Format 906044 - Amendment (Delete All)
Delete everything after the enacting clause and insert:Burgess 3/1/2022
1:56 PMSenate: Adopted
3/2/2022Web Page
PDF
731740 - Amendment to Amendment (906044)
Delete lines 15 - 51 and insert:Burgess 3/1/2022
4:09 PMSenate: Adopted
3/2/2022Web Page
PDF
360268 - Amendment to Amendment (906044)
Delete lines 100 - 104 and insert:Burgess 3/2/2022
9:11 AMSenate: Adopted
3/2/2022Web Page
PDF
131820 - Amendment to Amendment (906044)
Between lines 110 and 111 insert:Polsky 3/2/2022
8:27 AMSenate: Failed
3/2/2022Web Page
PDFCommittee Votes (3)
Date Committee Result 1/18/2022 3:30 PM Banking and Insurance 9 Yeas - 0 Nays 1/26/2022 3:30 PM Appropriations Subcommittee on Agriculture, Environment, and General Government 10 Yeas - 0 Nays 2/9/2022 9:00 AM Appropriations 20 Yeas - 0 Nays Citations - Statutes (5)
Citation Catchline Location in Bill Location In Bill Help 458.320 Financial responsibility. Page 3 (pdf) 459.0085 Financial responsibility. Page 5 (pdf) 464.0123 Autonomous practice by an advanced practice registered nurse. Page 6 (pdf) 626.914 Definitions. Page 1 (pdf) 626.9182 Page 2 (pdf)