CS/HB 1437: Viatical Settlements
GENERAL BILL by Goodlette ; (CO-INTRODUCERS) Bilirakis ; Goldstein ; Hasner
Viatical Settlements; specifies nonapplication of certain exemptions to viatical settlement investments; authorizes Financial Services Commission to adopt rules establishing requirements & standards for disclosures & records re viatical settlement investments; requires commission to establish by rule rules of conduct & prohibited business practices for investment advisers & associated persons, etc. Amends Chs. 517, 626, 624.501.
Effective Date: Upon becoming law
Last Action: 5/2/2005 House - Substituted CS/SB 2412; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 2412 (Ch. 2005-237) -HJ 01093
Bill Text: Web Page | PDF
Last Action: 5/2/2005 House - Substituted CS/SB 2412; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 2412 (Ch. 2005-237) -HJ 01093
Bill Text: Web Page | PDF
-
Bill History
Date Chamber Action 3/7/2005 House • Filed
3/8/2005 House • Introduced -HJ 00123
3/18/2005 House • Referred to Insurance (CC); State Administration Appropriations (FC); Commerce Council -HJ 00233
4/4/2005 House • On Committee agenda-- Insurance (CC), 04/06/05, 4:30 pm, Morris Hall
4/6/2005 House • Favorable by Insurance (CC); YEAS 12 NAYS 0 -HJ 00461
4/7/2005 House • Now in State Administration Appropriations (FC) -HJ 00461
4/12/2005 House • Withdrawn from State Administration Appropriations (FC) -HJ 00468; Now in Commerce Council; On Council agenda-- Commerce Council, 04/14/05, 8:00 am, 404-H --Temporarily deferred
4/18/2005 House • On Council agenda-- Commerce Council, 04/20/05, 3:45 pm, 404-H
4/20/2005 House • Favorable with CS amendment by- Commerce Council; YEAS 9 NAYS 0 -HJ 00676
4/25/2005 House • Pending review of CS -under Rule 6.3(b); Placed on Calendar -HJ 00676
4/27/2005 House • Placed on Special Order Calendar; Read second time -HJ 00856; Amendment(s) adopted -HJ 00857; Ordered engrossed -HJ 00857
4/28/2005 House • Temporarily postponed, on Third Reading -HJ 01008
5/2/2005 House • Substituted CS/SB 2412; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 2412 (Ch. 2005-237) -HJ 01093
-
CS/HB 1437, Engrossed 1 (Current Bill Version) Posted 4/27/2005 at 6:55 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location S 2412 (e2) Garcia Similar Last Action: 6/15/2005 Approved by Governor; Chapter No. 2005-237
Location:Floor Amendments (1)
Amendment Sponsor Filed Last Floor Action Format 838181 - Amendment
Goodlette 4/28/2005
8:57 AMWeb Page
PDFCitations - Statutes (35)
Citation Catchline Location in Bill Location In Bill Help 517.021 Definitions. 517.072 517.081 Registration procedure. 517.1215 517.1217 624.501 Filing, license, appointment, and miscellaneous fees. 626.015 Definitions. 626.112 License and appointment required; agents, customer representatives, adjusters, insurance agencies, service representatives, managing general agents. 626.207 Department rulemaking authority; waiting periods for applicants; penalties against licensees. 626.331 Number of appointments permitted or required. 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. 626.777 Scope of this part. 626.7845 Prohibition against unlicensed transaction of life insurance. 626.9911 Definitions. 626.9912 Viatical settlement provider license required; application for license. 626.9913 Viatical settlement provider license continuance; annual report; fees; deposit. 626.9914 Suspension, revocation, or nonrenewal of viatical settlement provider license; grounds; administrative fine. 626.9916 Viatical settlement broker license required; application for license. 626.9917 Denial, suspension, revocation, or nonrenewal of viatical settlement broker license; grounds; administrative fine. 626.99175 626.9918 Effect of suspension or revocation of viatical settlement broker license; duration of suspension; reinstatement. 626.9919 Notice of change of licensee address or name. 626.992 Use of viatical settlement licensed brokers, providers, and sales agents required. 626.9921 Filing of forms; required procedures; approval. 626.9922 Examination. 626.99236 Further disclosures to viatical settlement purchasers. 626.9925 Rules. 626.9926 Rate regulation not authorized. 626.9927 Unfair trade practices; cease and desist; injunctions; civil remedy. 626.99275 Prohibited practices; penalties. 626.99277 False representations; deceptive words. 626.99278 Viatical provider anti-fraud plan. 626.9928 Acquisitions. 626.99285 Applicability of insurance code. 626.99295 Grace period. -
CS/HB 1437, Committee Substitute 1 Posted 4/25/2005 at 9:14 AM
Bill Text: Web Page | PDF Analyses: None Floor Amendments (5)
Amendment Sponsor Filed Last Floor Action Format 726135 - Amendment
Goodlette 4/26/2005
11:41 AMWeb Page
PDF747331 - Amendment
Goodlette 4/26/2005
11:41 AMWeb Page
PDF960651 - Amendment
Goodlette 4/26/2005
11:41 AMWeb Page
PDF277951 - Amendment
Goodlette 4/26/2005
11:41 AMWeb Page
PDF438343 - Amendment
Hasner 4/27/2005
1:38 PMWeb Page
PDFCitations - Statutes (35)
Citation Catchline Location in Bill Location In Bill Help 517.021 Definitions. 517.072 517.081 Registration procedure. 517.1215 517.1217 624.501 Filing, license, appointment, and miscellaneous fees. 626.015 Definitions. 626.112 License and appointment required; agents, customer representatives, adjusters, insurance agencies, service representatives, managing general agents. 626.207 Department rulemaking authority; waiting periods for applicants; penalties against licensees. 626.331 Number of appointments permitted or required. 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. 626.777 Scope of this part. 626.7845 Prohibition against unlicensed transaction of life insurance. 626.9911 Definitions. 626.9912 Viatical settlement provider license required; application for license. 626.9913 Viatical settlement provider license continuance; annual report; fees; deposit. 626.9914 Suspension, revocation, or nonrenewal of viatical settlement provider license; grounds; administrative fine. 626.9916 Viatical settlement broker license required; application for license. 626.9917 Denial, suspension, revocation, or nonrenewal of viatical settlement broker license; grounds; administrative fine. 626.99175 626.9918 Effect of suspension or revocation of viatical settlement broker license; duration of suspension; reinstatement. 626.9919 Notice of change of licensee address or name. 626.992 Use of viatical settlement licensed brokers, providers, and sales agents required. 626.9921 Filing of forms; required procedures; approval. 626.9922 Examination. 626.99236 Further disclosures to viatical settlement purchasers. 626.9925 Rules. 626.9926 Rate regulation not authorized. 626.9927 Unfair trade practices; cease and desist; injunctions; civil remedy. 626.99275 Prohibited practices; penalties. 626.99277 False representations; deceptive words. 626.99278 Viatical provider anti-fraud plan. 626.9928 Acquisitions. 626.99285 Applicability of insurance code. 626.99295 Grace period. -
HB 1437, Original Filed Version Posted 3/7/2005 at 8:48 AM
Bill Text: Web Page | PDF Analyses: Commerce Council (Post-Meeting) (pdf)
Insurance Committee (Post-Meeting) (pdf)
Insurance Committee (Post-Meeting) (pdf)
Citations - Statutes (34)
Citation Catchline Location in Bill Location In Bill Help 517.021 Definitions. 517.072 517.081 Registration procedure. 517.1215 517.1217 624.501 Filing, license, appointment, and miscellaneous fees. 626.015 Definitions. 626.112 License and appointment required; agents, customer representatives, adjusters, insurance agencies, service representatives, managing general agents. 626.207 Department rulemaking authority; waiting periods for applicants; penalties against licensees. 626.331 Number of appointments permitted or required. 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. 626.777 Scope of this part. 626.7845 Prohibition against unlicensed transaction of life insurance. 626.9911 Definitions. 626.9912 Viatical settlement provider license required; application for license. 626.9913 Viatical settlement provider license continuance; annual report; fees; deposit. 626.9914 Suspension, revocation, or nonrenewal of viatical settlement provider license; grounds; administrative fine. 626.9916 Viatical settlement broker license required; application for license. 626.9917 Denial, suspension, revocation, or nonrenewal of viatical settlement broker license; grounds; administrative fine. 626.9918 Effect of suspension or revocation of viatical settlement broker license; duration of suspension; reinstatement. 626.9919 Notice of change of licensee address or name. 626.992 Use of viatical settlement licensed brokers, providers, and sales agents required. 626.9921 Filing of forms; required procedures; approval. 626.9922 Examination. 626.99236 Further disclosures to viatical settlement purchasers. 626.9925 Rules. 626.9926 Rate regulation not authorized. 626.9927 Unfair trade practices; cease and desist; injunctions; civil remedy. 626.99275 Prohibited practices; penalties. 626.99277 False representations; deceptive words. 626.99278 Viatical provider anti-fraud plan. 626.9928 Acquisitions. 626.99285 Applicability of insurance code. 626.99295 Grace period.