CS/CS/SB 2994: Financial Services Department
GENERAL BILL by Appropriations ; Banking and Insurance ; Posey ; (CO-INTRODUCERS) Clary
Financial Services Department; authorizes Chief Financial Officer to provide certain services on a fee basis under certain circumstances; provides that regulation of certain viatical settlement agreements & providers is within exclusive jurisdiction of Insurance Regulation Office under specified provisions; requires Consumer Services Div. of Financial Services Dept. to designate employee as primary contact for consumers on issues involving sinkholes, etc. Amends FS.
Last Action: 7/1/2004 - Approved by Governor; Chapter No. 2004-390; See also CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/SB 2960 (Ch. 2004-340)
Bill Text: Web Page | PDF
Bill History
Date | Chamber | Action |
---|---|---|
3/2/2004 | Senate |
• Filed |
3/31/2004 | Senate |
• Introduced, referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 00441 |
4/8/2004 | Senate |
• On Committee agenda-- Banking and Insurance, 04/13/04, 12:30 pm, 110-S |
4/13/2004 | Senate |
• CS by Banking and Insurance; YEAS 11 NAYS 0 -SJ 00646; CS read first time on 04/15/04 -SJ 00654 |
4/15/2004 | Senate |
• Now in Appropriations Subcommittee on General Government -SJ 00646; Withdrawn from Appropriations Subcommittee on General Government -SJ 00607; Now in Appropriations; On Committee agenda-- Appropriations, 04/20/04, 3:30 pm, 412-K |
4/20/2004 | Senate |
• CS/CS by- Appropriations; YEAS 15 NAYS 0 -SJ 00699; CS read first time on 04/21/04 -SJ 00717 |
4/21/2004 | Senate |
• Placed on Calendar, on second reading -SJ 00699 |
4/24/2004 | Senate |
• Placed on Special Order Calendar -SJ 00921 |
4/26/2004 | Senate |
• Placed on Special Order Calendar -SJ 00921, -SJ 01028; Read second time -SJ 00949; Amendment(s) adopted -SJ 00949, -SJ 00973; Amendment pending -SJ 00967; Pending amendment withdrawn -SJ 00973; Ordered engrossed -SJ 00973 |
4/27/2004 | Senate |
• Read third time -SJ 01042; Amendment(s) adopted -SJ 01044, -SJ 01057; Amendment pending -SJ 01051; Pending amendment withdrawn -SJ 01057; CS passed as amended; YEAS 37 NAYS 1 -SJ 01059 |
4/27/2004 | House |
• In Messages |
4/29/2004 | House |
• Substituted for HB 1695 -HJ 01119; Received -HJ 01119; Read second and third times -HJ 01121; CS passed; YEAS 111 NAYS 1 -HJ 01121 |
4/30/2004 | Senate |
• Ordered enrolled -SJ 01740 |
6/16/2004 |
• Signed by Officers and presented to Governor |
|
7/1/2004 |
• Approved by Governor; Chapter No. 2004-390; See also CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/SB 2960 (Ch. 2004-340) |
Related Bills
Bill Number | Subject | Filed By | Relationship | Last Action and Location |
---|---|---|---|---|
S 2290 (c2) | Financial Services Dept./Pub. Rec. | Clary | Linked | Last Action: 4/30/2004 S Died in Committee on Governmental Oversight and Productivity, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) |
H 557 | Rivera | Compare | Last Action: 4/28/2004 H Withdrawn from Appropriations -HJ 00879; Placed on Calendar -HJ 00879; Placed on Special Order Calendar -HJ 00863; Substituted CS/CS/SB 2038; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390) -HJ 00976 | |
H 965 | Murzin | Compare | Last Action: 4/30/2004 H Died in Committee on Commerce, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) | |
H 1039 | Kendrick | Compare | Last Action: 4/30/2004 H Died in Committee on Finance & Tax, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) | |
H 1041 | Kendrick | Compare | Last Action: 4/30/2004 H Died in Committee on State Administration, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) | |
H 1181 | Ross | Compare | Last Action: 4/30/2004 H Died in Committee on Finance & Tax, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) | |
H 1265 | Insurance Regulation | Llorente | Compare | Last Action: 4/30/2004 H Died in Committee on Insurance Regulation (IN), Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390) |
H 1297 | Ritter | Compare | Last Action: 4/28/2004 H Placed on Special Order Calendar; Substituted CS/SB 2196 (Died on House Calendar) -HJ 00930; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390) -HJ 00930 | |
H 1687 | Bogdanoff | Compare | Last Action: 4/30/2004 H Died in Committee on Judiciary, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390) | |
H 1695 | Negron | Compare | Last Action: 4/29/2004 H Withdrawn from Appropriations -HJ 01114; Placed on Calendar -HJ 01114; Placed on Special Order Calendar -HJ 01119; Substituted CS/CS/SB 2994; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) -HJ 01119 | |
H 1825 (e1) | Banking | Commerce | Compare | Last Action: 4/30/2004 H Substituted CS/SB 2960; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 2960 (Ch. 2004-340), CS/CS/SB 2994 (Ch. 2004-390) -HJ 01160 |
H 1965 | Descent of Intestate Estate | Judiciary | Compare | Last Action: 4/30/2004 H Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) |
S 2038 (e2) | Fasano | Compare | Last Action: 6/24/2004 Approved by Governor; Chapter No. 2004-370; See also CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390) | |
S 2196 (c1) | Insurance Payments/Escrow Accounts | Geller | Compare | Last Action: 4/30/2004 H Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390) |
S 2270 (e2) | Workers' Compensation | Banking and Insurance | Compare | Last Action: 4/30/2004 S In returning messages; Reconsidered -SJ 01446; Substituted HB 1251 -SJ 01447; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 1251 (Ch. 2004-266), HB 1307 (Ch. 2004-64), CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390) |
S 2280 (c1) | Annuity Investments by Seniors | Atwater | Compare | Last Action: 4/30/2004 H Died in Committee on Commerce, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) |
S 2288 (e1) | Unclaimed Property | Clary | Compare | Last Action: 4/30/2004 H Died in Messages, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) |
S 2404 | Deceptive & Unfair Trade Practices | Bennett | Compare | Last Action: 4/30/2004 S Died in Committee on Judiciary, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) |
S 2442 (c2) | Life Insurance & Annuity Contracts | Margolis | Compare | Last Action: 4/30/2004 S Died in Committee on Appropriations Subcommittee on General Government, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) |
S 2454 (c1) | Auto Insurance Jt. Underwriting Plan | Margolis | Compare | Last Action: 4/30/2004 S Died in Committee on Judiciary, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390) |
S 2588 (e2) | Diaz de la Portilla | Compare | Last Action: 6/24/2004 Approved by Governor; Chapter No. 2004-374; See also HB 639 (Ch. 2004-89), CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390) | |
S 2670 | Descent of Intestate Estate | Aronberg | Compare | Last Action: 4/30/2004 S Died in Committee on Judiciary, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2994 (Ch. 2004-390) |
S 2800 (c2) | Insurance Agents & Agencies | Argenziano | Compare | Last Action: 4/30/2004 S Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390) |
S 2960 (e1) | Alexander | Compare | Last Action: 6/18/2004 Approved by Governor; Chapter No. 2004-340; See also CS/CS/SB 2994 (Ch. 2004-390) | |
S 2972 | Insurance | Alexander | Compare | Last Action: 4/30/2004 S Died in Committee on Banking and Insurance, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390) |
S 3024 (c1) | Insurers | Smith | Compare | Last Action: 4/30/2004 S Died in Committee on Judiciary, Link/Iden/Sim/Compare passed, refer to CS/SB 1062 (Ch. 2004-298), CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390) |
Bill Text
Version | Posted | Format |
---|---|---|
S 2994 Filed | 3/15/2004 4:06 PM | Web Page | PDF |
S 2994 c1 | 4/15/2004 10:36 AM | Web Page | PDF |
S 2994 c2 | 4/21/2004 3:56 PM | Web Page | PDF |
S 2994 e1 | 4/26/2004 6:04 PM | Web Page | PDF |
S 2994 e2 | 4/27/2004 2:58 PM | Web Page | PDF |
S 2994 er | 5/1/2004 9:59 AM | Web Page | PDF |
Committee Amendments
Floor Amendments
Amendments | Sponsor | Filed | Last Floor Action | Format |
---|---|---|---|---|
945942 - Amendment |
Clary |
4/23/2004 4:40 PM |
Web Page
|
|
861492 - Amendment |
Aronberg |
4/23/2004 7:13 PM |
Web Page
|
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241388 - Amendment |
Posey |
4/24/2004 7:47 AM |
Web Page
|
|
931386 - Amendment |
Clary |
4/24/2004 9:32 AM |
Web Page
|
|
800734 - Amendment to Amendment (931386) |
Aronberg |
4/24/2004 2:38 PM |
Web Page
|
|
813944 - Amendment |
Alexander |
4/24/2004 9:49 AM |
Web Page
|
|
431674 - Amendment |
Posey |
4/24/2004 10:05 AM |
Web Page
|
|
923178 - Amendment |
Posey |
4/24/2004 11:46 AM |
Web Page
|
|
841710 - Amendment |
Posey |
4/24/2004 1:02 PM |
Web Page
|
|
080682 - Amendment |
Lawson |
4/26/2004 12:30 PM |
Web Page
|
|
111920 - Amendment |
Lawson |
4/26/2004 3:53 PM |
Web Page
|
Amendments | Sponsor | Filed | Last Floor Action | Format |
---|---|---|---|---|
754486 - Amendment |
Fasano |
4/26/2004 7:15 PM |
Web Page
|
|
341308 - Amendment |
Fasano |
4/26/2004 7:15 PM |
Web Page
|
|
350914 - Amendment |
Alexander |
4/27/2004 8:45 AM |
Web Page
|
|
600444 - Amendment to Amendment (350914) |
Smith |
4/27/2004 12:11 PM |
Web Page
|
|
171544 - Substitute Amendment (600444) |
Campbell |
4/27/2004 12:18 PM |
Web Page
|
|
703640 - Amendment to Amendment (350914) |
Miller |
4/27/2004 12:21 PM |
Web Page
|
|
372192 - Amendment |
Alexander |
4/27/2004 8:46 AM |
Web Page
|
|
835440 - Amendment |
Atwater |
4/27/2004 10:36 AM |
Web Page
|
Amendments | Sponsor | Filed | Last Floor Action | Format |
---|---|---|---|---|
376443 - Amendment |
Benson |
4/28/2004 7:53 AM |
Web Page
|
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877095 - Amendment |
Negron |
4/28/2004 11:33 AM |
Web Page
|
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170985 - Amendment |
Berfield |
4/28/2004 2:28 PM |
Web Page
|
|
790671 - Amendment to Amendment (170985) |
Berfield |
4/28/2004 6:55 PM |
Web Page
|
|
225601 - Amendment to Amendment (170985) |
Bean |
4/28/2004 9:44 PM |
Web Page
|
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934079 - Amendment |
Stargel |
4/28/2004 6:16 PM |
Web Page
|
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486485 - Amendment |
Ritter |
4/28/2004 8:14 PM |
Web Page
|
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457099 - Amendment |
Stargel |
4/28/2004 9:43 PM |
Web Page
|
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229115 - Amendment |
Negron |
4/28/2004 10:53 PM |
Web Page
|
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472059 - Amendment |
Rivera |
4/28/2004 11:16 PM |
Web Page
|
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085383 - Amendment |
Detert |
4/28/2004 11:59 PM |
Web Page
|
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578289 - Amendment |
Brown |
4/29/2004 11:15 AM |
Web Page
|
|
099985 - Amendment |
Detert |
4/29/2004 11:16 AM |
Web Page
|
Bill Analyses
Type | Analysis | Author | Posted | Format |
---|---|---|---|---|
Bill Analysis | S 2994 | Banking and Insurance (Post-Meeting) | 4/15/2004 12:00 AM | |
Bill Analysis | S 2994 | Appropriations (Post-Meeting) | 4/20/2004 12:00 AM |
Vote History - Committee
Version | Committee | Date | Result |
---|---|---|---|
S 2994 c1 | Banking and Insurance | 4/14/2004 12:30 AM | 11 Yeas - 0 Nays |
S 2994 c1 | Appropriations | 4/20/2004 3:30 PM | 15 Yeas - 0 Nays |
Vote History - Floor
Vote | Date | Chamber | Result |
---|---|---|---|
S 2994 e1 | 4/27/2004 1:13 PM | Senate | 37 Yeas - 1 Nays |
S 2994 e2 | 4/29/2004 3:51 PM | House | 111 Yeas - 1 Nays |
Citations - Statutes (159)
Citation | Catchline | Location in Bill Location In Bill Help |
---|---|---|
17.0416 | ||
17.16 | Seal. | |
17.57 | Deposits and investments of state money. | |
17.59 | Safekeeping services. | |
17.61 | Chief Financial Officer; powers and duties in the investment of certain funds. | |
20.121 | Department of Financial Services. | |
110.1227 | Florida Employee Long-Term-Care Plan Act. | |
112.215 | Government employees; deferred compensation program. | |
212.02 | Definitions. | |
215.95 | Financial Management Information Board. | |
215.96 | Coordinating council and design and coordination staff. | |
287.064 | Consolidated financing of deferred-payment purchases. | |
322.142 | Color photographic or digital imaged licenses. | |
395.3025 | Patient and personnel records; copies; examination. | |
408.05 | State Center for Health Statistics. | |
440.107 | Department powers to enforce employer compliance with coverage requirements. | |
494.0025 | Prohibited practices. | |
501.137 | Mortgage lenders; tax and insurance payments from escrow accounts; duties. | |
501.212 | Application. | |
516.07 | Grounds for denial of license or for disciplinary action. | |
516.35 | Credit insurance must comply with credit insurance act. | |
520.995 | Grounds for disciplinary action. | |
624.313 | Publications. | |
624.317 | Investigation of agents, adjusters, administrators, service companies, and others. | |
624.4622 | Local government self-insurance funds. | |
624.501 | Filing, license, appointment, and miscellaneous fees. | |
624.610 | Reinsurance. | |
625.081 | Reserve for health insurance. | |
625.121 | Standard Valuation Law; life insurance. | |
625.131 | Credit life and disability policies, special reserve bases. | |
626.016 | Powers and duties of department, commission, and office. | |
626.112 | License and appointment required; agents, customer representatives, adjusters, insurance agencies, service representatives, managing general agents. | |
626.161 | Licensing forms. | |
626.171 | Application for license. | |
626.181 | Number of applications for licensure required. | |
626.191 | Repeated applications. | |
626.211 | Approval, disapproval of application. | |
626.221 | Examination requirement; exemptions. | |
626.231 | Eligibility for examination. | |
626.241 | Scope of examination. | |
626.251 | Time and place of examination; notice. | |
626.261 | Conduct of examination. | |
626.266 | Printing of examinations or related materials to preserve examination security. | |
626.271 | Examination fee; determination, refund. | |
626.281 | Reexamination. | |
626.2817 | Regulation of course providers, instructors, school officials, and monitor groups involved in prelicensure education for insurance agents and other licensees. | |
626.291 | Denial, issuance of license. | |
626.301 | Form and contents of licenses, in general. | |
626.321 | Limited licenses. | |
626.371 | Payment of fees, taxes for appointment period without appointment. | |
626.381 | Renewal, continuation, reinstatement, or termination of appointment. | |
626.431 | Effect of expiration of license and appointment. | |
626.461 | Continuation of appointment of agent or other representative. | |
626.471 | Termination of appointment. | |
626.521 | Character, credit reports. | |
626.541 | Firm, corporate, and business names; officers; associates; notice of changes. | |
626.551 | Notice of change of address, name. | |
626.611 | Grounds for compulsory refusal, suspension, or revocation of agent's, title agency's, adjuster's, customer representative's, service representative's, or managing general agent's license or appointment. | |
626.621 | Grounds for discretionary refusal, suspension, or revocation of agent's, adjuster's, customer representative's, service representative's, or managing general agent's license or appointment. | |
626.631 | Procedure for refusal, suspension, or revocation of license. | |
626.641 | Duration of suspension or revocation. | |
626.661 | Surrender of license. | |
626.681 | Administrative fine in lieu of or in addition to suspension, revocation, or refusal of license, appointment, or disapproval. | |
626.691 | Probation. | |
626.692 | Restitution. | |
626.8582 | "Nonresident public adjuster" defined. | |
626.8584 | "Nonresident independent adjuster" defined. | |
626.859 | "Catastrophe" or "emergency" adjuster defined. | |
626.863 | Licensed independent adjusters required; insurers' responsibility. | |
626.865 | Public adjuster's qualifications, bond. | |
626.866 | Independent adjuster's qualifications. | |
626.867 | Company employee adjuster's qualifications. | |
626.869 | License, adjusters. | |
626.8695 | Primary adjuster. | |
626.8696 | Application for adjusting firm license. | |
626.8697 | Grounds for refusal, suspension, or revocation of adjusting firm license. | |
626.8698 | Disciplinary guidelines for public adjusters. | |
626.870 | Application for license. | |
626.871 | Reappointment after military service. | |
626.872 | Temporary license. | |
626.873 | Nonresident company employee adjusters. | |
626.8732 | Nonresident public adjuster's qualifications, bond. | |
626.8734 | Nonresident independent adjuster's qualifications. | |
626.8736 | Nonresident independent or public adjusters; service of process. | |
626.8738 | Penalty for violation. | |
626.874 | Catastrophe or emergency adjusters. | |
626.878 | Rules; code of ethics. | |
626.879 | ||
626.9541 | Unfair methods of competition and unfair or deceptive acts or practices defined. | |
626.9543 | Holocaust victims. | |
626.9743 | ||
626.9744 | ||
626.989 | Investigation by department or Division of Insurance Fraud; compliance; immunity; confidential information; reports to division; division investigator's power of arrest. | |
627.0628 | Florida Commission on Hurricane Loss Projection Methodology. | |
627.311 | Joint underwriters and joint reinsurers; public records and public meetings exemptions. | |
627.4091 | Specific reasons for denial, cancellation, or nonrenewal. | |
627.4133 | Notice of cancellation, nonrenewal, or renewal premium. | |
627.4554 | ||
627.476 | Standard Nonforfeiture Law for Life Insurance. | |
627.6699 | Employee Health Care Access Act. | |
627.7012 | Pools of insurance adjusters. | |
627.7077 | ||
627.838 | Filing and approval of forms; service charges. | |
627.848 | Cancellation of insurance contract upon default. | |
627.849 | Fees. | |
655.005 | Definitions. | |
655.0322 | Prohibited acts and practices; criminal penalties. | |
655.0385 | Disapproval of directors and executive officers. | |
655.045 | Examinations, reports, and internal audits; penalty. | |
655.059 | Access to books and records; confidentiality; penalty for disclosure. | |
655.921 | Transaction of business by out-of-state financial institutions; exempt transactions in the financial institutions codes. | |
655.922 | Banking business by unauthorized persons; use of name. | |
655.94 | Special remedies for nonpayment of rent. | |
658.16 | Creation of banking or trust corporation. | |
658.23 | Submission of articles of incorporation; contents; form; approval; filing; commencement of corporate existence; bylaws. | |
658.26 | Places of transacting business; branches; facilities. | |
658.33 | Directors, number, qualifications; officers. | |
658.37 | Dividends and surplus. | |
658.48 | Loans. | |
658.67 | Investment powers and limitations. | |
658.68 | Liquidity. | |
658.73 | Fees and assessments. | |
663.16 | Definitions; ss. 663.17-663.181. | |
663.304 | Application for authority to organize an international development bank. | |
665.034 | Acquisition of assets of or control over an association. | |
674.406 | Customer's duty to discover and report unauthorized signature or alteration. | |
717.101 | Definitions. | |
717.106 | Bank deposits and funds in financial organizations. | |
717.107 | Funds owing under life insurance policies. | |
717.109 | Refunds held by business associations. | |
717.116 | Contents of safe-deposit box or other safekeeping repository. | |
717.117 | Report of unclaimed property. | |
717.118 | Notice and publication of lists of unclaimed property. | |
717.119 | Payment or delivery of unclaimed property. | |
717.1201 | Custody by state; holder relieved from liability; reimbursement of holder paying claim; reclaiming for owner; defense of holder; payment of safe-deposit box or repository charges. | |
717.122 | Public sale of unclaimed property. | |
717.123 | Deposit of funds. | |
717.124 | Filing of claim with department. | |
717.12403 | ||
717.12404 | ||
717.12405 | ||
717.1241 | Conflicting claims. | |
717.1242 | Restatement of jurisdiction of the circuit court sitting in probate and the department. | |
717.1244 | ||
717.126 | Administrative hearing; burden of proof. | |
717.1261 | ||
717.1262 | ||
717.1301 | Investigations; examinations; subpoenas. | |
717.1315 | Retention of records by owner's representative. | |
717.132 | Enforcement; cease and desist orders; administrative fines. | |
717.1322 | ||
717.1331 | ||
717.1333 | ||
717.134 | Penalties and interest. | |
717.1341 | ||
717.135 | Agreement to locate reported property. | |
717.1351 | ||
717.1400 | ||
732.103 | Share of other heirs. |
Citations - Constitution (0)
No Constitutional citations.
Citations - Chapter Law (0)
No Chapter Law citations.
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