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CS/SB 1486: Property Insurance

GENERAL BILL by Banking and Insurance ; Garcia ; (CO-INTRODUCERS) Lynn

Property Insurance; revises retention of losses for which insurer is not entitled to reimbursement from Fla. Hurricane Catastrophe Fund; requires that dept. establish low-interest loan program & pilot project for hurricane loss mitigation; creates Task Force on Long-Term Solutions for Fla.'s Hurricane Insurance Market; requires board of governors of Citizens Property Insurance Corporation to submit report to Legislature, etc. Amends FS. APPROPRIATION: $350,000.

Effective Date: 06/01/2005 except as otherwise provided
Last Action: 6/1/2005 - Approved by Governor; Chapter No. 2005-111; See also HB 1939 (Ch. 2005-264), HB 9-A (Ch. 2004-480)
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/15/2005 Senate • Filed
2/24/2005 Senate • Referred to Banking and Insurance; Judiciary; General Government Appropriations; Ways and Means; Rules and Calendar
3/8/2005 Senate • Introduced, referred to Banking and Insurance; Judiciary; General Government Appropriations; Ways and Means; Rules and Calendar -SJ 00091; On Committee agenda-- Banking and Insurance, 03/09/05, 9:00 am, 412-K
3/9/2005 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 00135; CS read first time on 03/10/05 -SJ 00149; Now in Judiciary -SJ 00135
3/10/2005 Senate • Withdrawn from Judiciary; General Government Appropriations; Ways and Means; Rules and Calendar -SJ 00124; Placed on Calendar, on second reading
3/17/2005 Senate • Placed on Special Order Calendar -SJ 00227; Read second time -SJ 00222
3/18/2005 Senate • Read third time -SJ 00235; CS passed; YEAS 37 NAYS 0 -SJ 00235
3/22/2005 House • In Messages
5/6/2005 House • Received -HJ 01579; Read second time -HJ 01580; Amendment(s) adopted -HJ 01580; Read third time -HJ 01594; CS passed as amended; YEAS 99 NAYS 17 -HJ 01623
5/6/2005 Senate • In returning messages; Concurred -SJ 01645; CS passed as amended; YEAS 38 NAYS 1 -SJ 01659; Ordered engrossed, then enrolled -SJ 01659
5/24/2005 • Signed by Officers and presented to Governor
6/1/2005 • Approved by Governor; Chapter No. 2005-111; See also HB 1939 (Ch. 2005-264), HB 9-A (Ch. 2004-480)