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CS/CS/HB 429: Insurance Guaranty Associations

GENERAL BILL by Commerce Committee ; Insurance and Banking Subcommittee ; Smith, D.

Insurance Guaranty Associations; Authorizes Florida Insurance Guaranty Association to authorize certain association employees & guaranty association employees of other states to adjust losses; revises requirements for OIR in levying assessments on workers' compensation insurers; requires such insurers to recoup assessments by applying specified percentage to certain policies; provides that assessments paid by insurer constitute advances of funds to association.

Effective Date: 7/1/2019
Last Action: 5/3/2019 Senate - Died in Banking and Insurance
Bill Text: PDF



Bill History

Date Chamber Action
1/22/2019 House • Filed
1/30/2019 House • Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 54
2/13/2019 House • On Committee agenda-- Insurance and Banking Subcommittee, 02/20/19, 1:00 pm, Sumner Hall
2/20/2019 House • CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 308
2/22/2019 House • Pending review of CS under Rule 7.18(c)
2/27/2019 House • Now in Government Operations and Technology Appropriations Subcommittee -HJ 295
3/5/2019 House • Introduced -HJ 54
• CS by Insurance and Banking Subcommittee read 1st time -HJ 293
3/8/2019 House • On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 03/12/19, 1:30 pm, Morris Hall
3/12/2019 House • Favorable by Government Operations and Technology Appropriations Subcommittee; YEAS 8 NAYS 0 -HJ 403
• Now in Commerce Committee -HJ 403
3/19/2019 House • On Committee agenda-- Commerce Committee, 03/21/19, 12:00 pm, Webster Hall
3/21/2019 House • CS/CS by- Commerce Committee; YEAS 22 NAYS 0 -HJ 489
3/22/2019 House • Pending review of CS -under Rule 7.18(c)
3/25/2019 House • CS/CS by Commerce Committee read 1st time -HJ 485
• Placed on Calendar -HJ 496
4/4/2019 House • Placed on Special Order Calendar, 04/10/19
4/10/2019 House • Read 2nd time -HJ 614
• Placed on 3rd reading
4/11/2019 House • Read 3rd time -HJ 653
• CS passed; YEAS 115 NAYS 0 -HJ 653
4/18/2019 Senate • In Messages
• Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 395
4/22/2019 Senate • Received -SJ 395
5/3/2019 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Banking and Insurance