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The Florida Senate

CS/CS/SB 594: Property Insurance

GENERAL BILL by Fiscal Policy ; Community Affairs ; Martin

Property Insurance; Adding wind uplift prevention to a list of fixtures or construction techniques for which a residential property insurance rate filing must include actuarially reasonable rate differentials or appropriate deductible reductions; revising rate change limitations for specified policies written by the Citizens Property Insurance Corporation; authorizing the corporation to adopt policy forms that provide for the resolution of certain disputes in proceedings before the Division of Administrative Hearings; requiring the Office of Insurance Regulation to conduct a wind-loss mitigation study in consultation with the Department of Business and Professional Regulation and the Florida Building Commission or competitively procure the study, etc. APPROPRIATION: $750,000

Effective Date: Except as otherwise expressly provided in this act, this act shall take effect upon becoming a law
Last Action: 5/1/2023 Senate - Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 799 (Ch. 2023-175), CS/CS/SB 154 (Ch. 2023-203), SB 2502 (Ch. 2023-240) -SJ 664
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Community Affairs (CA)
  3. Fiscal Policy (FP)

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  • Bill History

    Date Chamber Action
    2/8/2023 Senate • Filed
    2/16/2023 Senate • Referred to Banking and Insurance; Community Affairs; Fiscal Policy
    3/7/2023 Senate • Introduced
    3/10/2023 Senate • On Committee agenda-- Banking and Insurance, 03/15/23, 1:00 pm, 412 Knott Building
    3/15/2023 Senate • Favorable by Banking and Insurance; YEAS 12 NAYS 0
    3/16/2023 Senate • Now in Community Affairs
    3/24/2023 Senate • On Committee agenda-- Community Affairs, 03/29/23, 8:30 am, 401 Senate Building
    3/29/2023 Senate • CS by Community Affairs; YEAS 8 NAYS 0
    3/31/2023 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Fiscal Policy
    • CS by Community Affairs read 1st time
    4/10/2023 Senate • On Committee agenda-- Fiscal Policy, 04/13/23, 10:30 am, 412 Knott Building
    4/13/2023 Senate • CS/CS by- Fiscal Policy; YEAS 20 NAYS 0
    4/17/2023 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
    • Placed on Calendar, on 2nd reading
    • CS/CS by Fiscal Policy read 1st time
    4/26/2023 Senate • Placed on Special Order Calendar, 05/01/23
    5/1/2023 Senate • Read 2nd time -SJ 663
    • Substituted CS/CS/CS/HB 799 -SJ 664
    • Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 799 (Ch. 2023-175), CS/CS/SB 154 (Ch. 2023-203), SB 2502 (Ch. 2023-240) -SJ 664

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  • CS/CS/SB 594, Committee Substitute 2 (Current Bill Version) Posted 4/17/2023 at 11:00 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 799 (er) Property Insurance Insurance & Banking Subcommittee Similar Last Action: 6/1/2023 Chapter No. 2023-175; companion bill(s) passed, see CS/CS/SB 154 (Ch. 2023-203), SB 2502 (Ch. 2023-240)
    H 1395 (c2) Management and Safety of Condominium and Cooperative Buildings Regulatory Reform & Economic Development Subcommittee Compare Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 154 (Ch. 2023-203)
    S 154 (er) Condominium and Cooperative Associations Bradley Compare Last Action: 6/13/2023 Chapter No. 2023-203, companion bill(s) passed, see CS/CS/CS/HB 799 (Ch. 2023-175)
    S 2502 (er) Implementing the 2023-2024 General Appropriations Act Appropriations Compare Last Action: 6/16/2023 Chapter No. 2023-240, companion bill(s) passed, see CS/CS/CS/HB 799 (Ch. 2023-175), CS/CS/SB 240 (Ch. 2023-81), SB 2500 (Ch. 2023-239)

    Floor Amendments (3)

    Amendment Sponsor Filed Last Floor Action Format
    629682 - Amendment
    Delete lines 182 - 192.
    Grall 4/28/2023
    1:37 PM
    Senate: Withdrawn
    5/1/2023
    Web Page
    PDF
    429352 - Amendment
    Delete line 206 and insert:
    Pizzo 4/28/2023
    10:52 AM
    Senate: Withdrawn
    5/1/2023
    Web Page
    PDF
    674808 - Amendment
    Between lines 218 and 219 insert:
    Martin 4/28/2023
    1:32 PM
    Senate: Withdrawn
    5/1/2023
    Web Page
    PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.0629 Residential property insurance; rate filings. Page 2 (pdf)
    627.351 Insurance risk apportionment plans. Page 3 (pdf)

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  • CS/SB 594, Committee Substitute 1 Posted 3/31/2023 at 9:17 AM

    Bill Text:   Web Page | PDF
    Analyses:   Fiscal Policy (Pre-Meeting) 4/12/2023 (pdf)
    Fiscal Policy (Post-Meeting) 4/17/2023 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 799 (c2) Property Insurance Insurance & Banking Subcommittee Compare Last Action: 6/1/2023 Chapter No. 2023-175; companion bill(s) passed, see CS/CS/SB 154 (Ch. 2023-203), SB 2502 (Ch. 2023-240)
    H 1395 (c1) Management and Safety of Condominium and Cooperative Buildings Regulatory Reform & Economic Development Subcommittee Compare Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 154 (Ch. 2023-203)
    S 154 (e1) Condominium and Cooperative Associations Bradley Compare Last Action: 6/13/2023 Chapter No. 2023-203, companion bill(s) passed, see CS/CS/CS/HB 799 (Ch. 2023-175)

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    792748 - Amendment
    Between lines 163 and 164 insert:
    Fiscal Policy
    (Martin)
    4/12/2023
    8:25 AM
    Replaced by Committee Substitute
    4/13/2023
    Web Page
    PDF
    372918 - Amendment
    Between lines 163 and 164 insert:
    Fiscal Policy
    (DiCeglie)
    4/12/2023
    10:27 AM
    Replaced by Committee Substitute
    4/13/2023
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/13/2023 10:30 AM Fiscal Policy 20 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.0629 Residential property insurance; rate filings. Page 1 (pdf)
    627.351 Insurance risk apportionment plans. Page 2 (pdf)

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  • SB 594, Original Filed Version Posted 2/8/2023 at 1:21 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/14/2023 (pdf)
    Banking and Insurance (Post-Meeting) 3/15/2023 (pdf)
    Community Affairs (Pre-Meeting) 3/27/2023 (pdf)
    Community Affairs (Post-Meeting) 3/30/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 799 (c2) Property Insurance Insurance & Banking Subcommittee Compare Last Action: 6/1/2023 Chapter No. 2023-175; companion bill(s) passed, see CS/CS/SB 154 (Ch. 2023-203), SB 2502 (Ch. 2023-240)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    252724 - Amendment
    Delete line 37 and insert:
    Community Affairs
    (Martin)
    3/27/2023
    2:44 PM
    Replaced by Committee Substitute
    3/31/2023
    Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    3/15/2023 1:00 PM Banking and Insurance 12 Yeas - 0 Nays
    3/29/2023 8:30 AM Community Affairs 8 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    627.0629 Residential property insurance; rate filings. Page 1 (pdf)

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