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CS/SB 1612: Credit Insurance

GENERAL BILL by Banking and Insurance ; Diaz-Balart

Credit Insurance; authorizes individuals & entities holding credit life or disability insurance license to sell credit insurance; modifies requirements for licensure; requires certain disclosures to be made within specified time upon sale of credit life insurance; allows borrower specified time from date of such disclosures to rescind coverage. Amends 626.321, 627.679.

Effective Date: 07/01/2000
Last Action: 5/5/2000 Senate - Placed on Special Order Calendar SJ 01145; Died on Calendar
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/23/2000 Senate • Prefiled
    3/7/2000 Senate • Introduced, referred to Banking and Insurance SJ 00096
    3/15/2000 Senate • On Committee agenda Banking and Insurance, 03/20/00, 1:00 pm, 110S
    3/20/2000 Senate • Comm. Action:CS by Banking and Insurance; YEAS 8 NAYS 0
    3/22/2000 Senate • 00279
    3/21/2000 Senate • Placed on Calendar SJ 00278
    4/11/2000 Senate • Placed on Special Order Calendar SJ 00406
    4/12/2000 Senate • Placed on Special Order Calendar SJ 00420
    4/18/2000 Senate • Placed on Special Order Calendar SJ 00462
    4/19/2000 Senate • Placed on Special Order Calendar SJ 00462
    4/26/2000 Senate • Placed on Special Order Calendar SJ 00520
    4/28/2000 Senate • Placed on Special Order Calendar SJ 00581
    5/1/2000 Senate • Placed on Special Order Calendar SJ 00628
    5/2/2000 Senate • Placed on Special Order Calendar SJ 00729
    5/3/2000 Senate • Placed on Special Order Calendar SJ 00888
    5/4/2000 Senate • Placed on Special Order Calendar SJ 00994
    5/5/2000 Senate • Placed on Special Order Calendar SJ 01145; Died on Calendar

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  • CS/SB 1612, Committee Substitute 1 (Current Bill Version) Posted 8/25/2000 at 4:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 3/20/2000 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 2295 Credit & Mortgage Guaranty Insurance Jones Compare Last Action: 5/5/2000 H Died in Committee on Financial Services (CAC)
    Location:

    Floor Amendments (4)

    Amendment Sponsor Filed Last Floor Action Format
    103660 - Amendment
    Diaz-Balart 4/11/2000
    2:45 AM
    Web Page
    PDF
    364064 - Amendment
    Diaz-Balart 4/11/2000
    2:46 AM
    Web Page
    PDF
    670902 - Amendment
    Diaz-Balart 4/11/2000
    2:46 AM
    Web Page
    PDF
    205684 - Amendment
    Diaz-Balart 5/6/2000
    6:46 AM
    Web Page
    PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    626.321 Limited licenses.
    627.679 Amount of insurance; disclosure.

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  • SB 1612, Original Filed Version Posted 8/25/2000 at 4:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    626.321 Limited licenses.
    627.679 Amount of insurance; disclosure.

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