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CS/SB 1346: Property Insurance

GENERAL BILL by Budget ; Oelrich ; (CO-INTRODUCERS) Lynn

Property Insurance; Providing for the calculation of an insurer’s reimbursement premium and retention under the reimbursement contract; revising coverage levels available under the reimbursement contract; reducing to 2 percent from 6 percent the amount of the projected deficit in the coastal account for the prior calendar year which is recovered through regular assessments; requiring that remaining projected deficits in personal and commercial lines accounts be recovered through emergency assessments after accounting for the Citizens policyholder surcharge, etc.

Effective Date: except as otherwise expressly provided in this act, this act shall take effect July 1, 2012
Last Action: 3/9/2012 Senate - Laid on Table, companion bill(s) passed, see HB 1127 (Ch. 2012-80) -SJ 1671
Location: Laid on Table
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Budget Subcommittee on General Government Appropriations (BGA)
  3. Budget (BC)



Bill History

Date Chamber Action
12/21/2011 Senate • Filed
1/11/2012 Senate • Referred to Banking and Insurance; Budget -SJ 145
1/13/2012 Senate • On Committee agenda-- Banking and Insurance, 01/19/12, 8:00 am, 412 Knott Building
• Introduced -SJ 145
1/19/2012 Senate • Favorable by Banking and Insurance; YEAS 11 NAYS 0 -SJ 263
1/20/2012 Senate • Now in Budget -SJ 263
1/23/2012 Senate • Subreferred to Budget Subcommittee on General Government Appropriations -SJ 268
• Now in Budget Subcommittee on General Government Appropriations
• On Committee agenda-- Budget Subcommittee on General Government Appropriations, 01/26/12, 8:30 am, 401 Senate Office Building
1/26/2012 Senate • Favorable by Budget Subcommittee on General Government Appropriations; YEAS 6 NAYS 0 -SJ 279
• Now in Budget -SJ 279
3/1/2012 Senate • On Committee agenda-- Budget, 03/02/12, 2:30 pm, 412 Knott Building --Not Considered
3/2/2012 Senate • On Committee agenda-- Budget, 03/03/12, 8:00 am, 412 Knott Building
3/3/2012 Senate • CS by- Budget; YEAS 18 NAYS 2 -SJ 805
• Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• Placed on Calendar, on 2nd reading -SJ 805
3/5/2012 Senate • CS by Budget read 1st time -SJ 808
3/7/2012 Senate • Placed on Special Order Calendar, 03/09/12
3/9/2012 Senate • Read 2nd time -SJ 1155
• Amendment(s) adopted (134088, 282292) -SJ 1155, 1670
• Substituted HB 1127 -SJ 1671
• Laid on Table, companion bill(s) passed, see HB 1127 (Ch. 2012-80) -SJ 1671