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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

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  • 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

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  • CS/CS/HB 429, Committee Substitute 2 (Current Bill Version) Posted 3/22/2019 at 3:05 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 496 (c1) Insurance Guaranty Associations Rader Identical Last Action: 5/3/2019 S Died in Appropriations

    Floor Votes (1)

    Date Chamber Result
    4/11/2019 2:47 PM House 115 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    626.8621 Page 2 (pdf)
    631.914 Assessments. Page 3 (pdf)

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  • CS/HB 429, Committee Substitute 1 Posted 2/22/2019 at 10:09 AM

    Bill Text:   PDF
    Analyses:   Government Operations and Technology Appropriations Subcommittee (Post-Meeting) 3/12/2019 (pdf)
    Commerce Committee (Post-Meeting) 3/22/2019 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 496 (c1) Insurance Guaranty Associations Rader Similar Last Action: 5/3/2019 S Died in Appropriations

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    579009 - Amendment
    Remove lines 24-70 and insert:
    Smith, D. 3/20/2019
    7:52 PM
    Adopted
    3/21/2019
    PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    626.8621 Page 1 (pdf)
    631.914 Assessments. Page 2 (pdf)

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  • HB 429, Original Filed Version Posted 1/22/2019 at 10:15 AM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 2/22/2019 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 496 Insurance Guaranty Associations Rader Identical Last Action: 5/3/2019 S Died in Appropriations

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    477843 - Amendment
    Remove lines 22-33 and insert:
    Smith, D. 2/19/2019
    6:03 PM
    Adopted without Objection
    2/20/2019
    PDF
    686709 - Amendment
    Remove lines 53-55 and insert:
    Smith, D. 2/19/2019
    6:03 PM
    Adopted without Objection
    2/20/2019
    PDF
    476675 - Amendment
    Remove line 133 and insert:
    Smith, D. 2/19/2019
    6:04 PM
    Adopted without Objection
    2/20/2019
    PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    631.576 Page 1 (pdf)
    631.914 Assessments. Page 2 (pdf)

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