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CS/CS/SB 626: Insurer Guaranty Associations

GENERAL BILL by Appropriations ; Banking and Insurance ; Brandes ; (CO-INTRODUCERS) Broxson

Insurer Guaranty Associations; Revising applicability of part III of ch. 631, F.S., as to health maintenance organizations, long-term care insurance benefits, certain health care benefits, and certain structured settlement annuity benefits; revising the number of members and composition of the Florida Life and Health Insurance Guaranty Association’s board of directors; adding the reissuance of covered policies to a list of duties of the association relating to insolvent insurers; providing that the Office of Insurance Regulation, rather than the department, approves certain assets shown on insurer financial statements, etc.

Effective Date: Upon becoming a law
Last Action: 4/16/2019 Senate - CS/CS by Appropriations read 1st time -SJ 351
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/31/2019 Senate • Filed
    2/15/2019 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 77
    2/25/2019 Senate • On Committee agenda-- Banking and Insurance, 03/04/19, 3:30 pm, 412 Knott Building
    3/4/2019 Senate • CS by Banking and Insurance; YEAS 8 NAYS 0 -SJ 158
    3/5/2019 Senate • Introduced -SJ 77
    • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    3/7/2019 Senate • Now in Appropriations Subcommittee on Agriculture, Environment, and General Government
    • CS by Banking and Insurance read 1st time -SJ 191
    3/14/2019 Senate • On Committee agenda-- Appropriations Subcommittee on Agriculture, Environment, and General Government, 03/19/19, 10:00 am, 110 Senate Building
    3/19/2019 Senate • Subcommittee Recommendation: CS/CS by Appropriations Subcommittee on Agriculture, Environment, and General Government; YEAS 9 NAYS 0 -SJ 266
    3/21/2019 Senate • Now in Appropriations
    4/8/2019 Senate • On Committee agenda-- Appropriations, 04/11/19, 9:00 am, 412 Knott Building
    4/11/2019 Senate • CS/CS by- Appropriations; YEAS 18 NAYS 0 -SJ 349
    4/15/2019 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
    • Placed on Calendar, on 2nd reading
    4/16/2019 Senate • CS/CS by Appropriations read 1st time -SJ 351

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  • CS/CS/SB 626, Committee Substitute 2 (Current Bill Version) Posted 4/15/2019 at 8:07 AM

    Bill Text:   Web Page PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 673 (c2) Insurer Guaranty Associations Fischer Similar Last Action: 4/18/2019 H Placed on Special Order Calendar, 04/23/19

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    631.713 Application of part. Page 3 (pdf)
    631.716 Board of directors. Page 6 (pdf)
    631.717 Powers and duties of the association. Page 8 (pdf)
    631.718 Assessments. Page 11 (pdf)
    631.721 Plan of operation. Page 13 (pdf)
    631.738 Page 14 (pdf)
    631.816 Board of directors. Page 14 (pdf)
    631.818 Powers and duties of the plan. Page 15 (pdf)
    631.819 Assessments. Page 16 (pdf)
    631.820 Plan of operation. Page 18 (pdf)
    631.821 Powers and duties of the department. Page 18 (pdf)

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  • CS/SB 626, Committee Substitute 1 Posted 3/5/2019 at 3:13 PM

    Bill Text:   Web Page PDF
    Analyses:   Appropriations Subcommittee on Agriculture, Environment, and General Government (Pre-Meeting) 3/18/2019 (pdf)
    Appropriations Subcommittee on Agriculture, Environment, and General Government (Post-Meeting) 3/21/2019 (pdf)
    Appropriations (Pre-Meeting) 4/10/2019 (pdf)
    Appropriations PCS 973990 (Pre-Meeting) 4/10/2019 (pdf)
    Appropriations (Post-Meeting) 4/12/2019 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 673 (c2) Insurer Guaranty Associations Fischer Similar Last Action: 4/18/2019 H Placed on Special Order Calendar, 04/23/19

    Proposed Committee Substitutes (1)

    PCS and Amendments Sponsor Filed Last Committee Action Format
    973990 - Proposed Committee Substitute Appropriations 3/21/2019
    4:17 PM
    Replaced by Committee Substitute
    4/12/2019
    Web Page
    PDF

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    707912 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:
    Appropriations Subcommittee on Agriculture, Environment, and General Government
    (Brandes)
    3/18/2019
    9:54 AM
    Replaced by Committee Substitute
    3/19/2019
    Web Page
    PDF
    hierarchy 722486 - Amendment to Amendment (707912)
    Delete lines 325 - 337 and insert:
    Appropriations Subcommittee on Agriculture, Environment, and General Government
    (Broxson)
    3/18/2019
    7:47 PM
    Withdrawn
    3/19/2019
    Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    3/19/2019 10:00 AM Appropriations Subcommittee on Agriculture, Environment, and General Government 9 Yeas - 0 Nays
    4/11/2019 9:00 AM Appropriations 18 Yeas - 0 Nays

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    631.713 Application of part. Page 3 (pdf)
    631.714 Definitions. Page 6 (pdf)
    631.716 Board of directors. Page 7 (pdf)
    631.717 Powers and duties of the association. Page 8 (pdf)
    631.718 Assessments. Page 11 (pdf)
    631.721 Plan of operation. Page 13 (pdf)
    631.738 Page 14 (pdf)
    631.816 Board of directors. Page 15 (pdf)
    631.818 Powers and duties of the plan. Page 15 (pdf)
    631.819 Assessments. Page 16 (pdf)
    631.820 Plan of operation. Page 18 (pdf)
    631.821 Powers and duties of the department. Page 19 (pdf)

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  • SB 626, Original Filed Version Posted 1/31/2019 at 9:13 AM

    Bill Text:   Web Page PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/1/2019 (pdf)
    Banking and Insurance (Post-Meeting) 3/5/2019 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 673 Insurer Guaranty Associations Fischer Similar Last Action: 4/18/2019 H Placed on Special Order Calendar, 04/23/19

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    687388 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:
    Banking and Insurance
    (Brandes)
    3/1/2019
    2:42 PM
    Replaced by Committee Substitute
    3/5/2019
    Web Page
    PDF
    hierarchy 682770 - Amendment to Amendment (687388)
    Delete lines 341 - 346 and insert:
    Banking and Insurance
    (Brandes)
    3/4/2019
    11:16 AM
    Replaced by Committee Substitute
    3/5/2019
    Web Page
    PDF
    hierarchy 580372 - Substitute Amendment to Amendment (682770)
    Delete lines 341 - 346 and insert:
    Banking and Insurance
    (Brandes)
    3/5/2019
    9:19 AM
    Withdrawn
    3/5/2019
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/4/2019 3:30 PM Banking and Insurance 8 Yeas - 0 Nays

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    631.713 Application of part. Page 3 (pdf)
    631.714 Definitions. Page 6 (pdf)
    631.716 Board of directors. Page 7 (pdf)
    631.717 Powers and duties of the association. Page 8 (pdf)
    631.718 Assessments. Page 11 (pdf)
    631.721 Plan of operation. Page 13 (pdf)
    631.738 Page 14 (pdf)
    631.816 Board of directors. Page 15 (pdf)
    631.818 Powers and duties of the plan. Page 15 (pdf)
    631.819 Assessments. Page 16 (pdf)
    631.820 Plan of operation. Page 18 (pdf)
    631.821 Powers and duties of the department. Page 18 (pdf)

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