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The Florida Senate

SB 562: Ownership or Transfer of Securities [EPCC]

GENERAL BILL by Fasano

Ownership or Transfer of Securities [EPCC]; revises notice & filing requirements & provides additional grounds for exemption from provisions re acquisition of controlling stock; revises provisions authorizing domestic insurers' ownership or transfer of certain securities without physical delivery of certificates; modifies reference date of Insurance Holding Co. System Regulatory Act & Insurance Holding Co. System Model Regulation of Nat'l. Assoc. of Insurance Commissioners, etc. Amends FS.

Effective Date: 06/15/2007
Last Action: 6/15/2007 - Approved by Governor; Chapter No. 2007-138
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/11/2007 Senate • Filed
    1/31/2007 Senate • Referred to Banking and Insurance; Judiciary
    2/12/2007 Senate • On Committee agenda-- Banking and Insurance, 02/20/07, 2:30 pm, 412-K
    2/20/2007 Senate • Favorable by Banking and Insurance; YEAS 10 NAYS 0
    2/21/2007 Senate • Now in Judiciary
    3/5/2007 Senate • On Committee agenda-- Judiciary, 03/08/07, 9:00 am, 110-S
    3/6/2007 Senate • Introduced, referred to Banking and Insurance; Judiciary -SJ 00037; On Committee agenda-- Banking and Insurance, 02/20/07, 2:30 pm, 412-K; Favorable by Banking and Insurance; YEAS 10 NAYS 0 -SJ 00096; Now in Judiciary -SJ 00096; On Committee agenda-- Judiciary, 03/08/07, 9:00 am, 110-S
    3/8/2007 Senate • Favorable by- Judiciary; YEAS 10 NAYS 0 -SJ 00133; Placed on Calendar, on 2nd reading -SJ 00133
    3/28/2007 Senate • Placed on Special Order Calendar; Read 2nd time -SJ 00256
    3/29/2007 Senate • Read 3rd time -SJ 00278; Amendment(s) adopted (930886, 674080) -SJ 00278; Passed as amended (930886, 674080); YEAS 38 NAYS 0 -SJ 00279
    4/11/2007 House • In Messages; Received, referred to Calendar -HJ 00391
    4/12/2007 House • Placed on Special Order Calendar
    4/17/2007 House • Placed on Special Order Calendar
    4/18/2007 House • Placed on Special Order Calendar -HJ 00479
    4/19/2007 House • Placed on Special Order Calendar -HJ 00510; Substituted for HB 115 -HJ 00537; Read 2nd time -HJ 00537
    4/24/2007 House • Read 3rd time -HJ 00590; Passed; YEAS 109 NAYS 0 -HJ 00590
    4/24/2007 Senate • Ordered enrolled -SJ 00571
    6/4/2007 • Signed by Officers and presented to Governor
    6/15/2007 • Approved by Governor; Chapter No. 2007-138

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  • SB 562, Enrolled (Current Bill Version) Posted 4/24/2007 at 10:50 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 115 Ownership or Transfer of Securities Grant Compare Last Action: 4/19/2007 H Placed on Special Order Calendar -HJ 00510; Substituted SB 562; Laid on Table, Link/Iden/Sim/Compare passed, refer to SB 562 (Ch. 2007-138) -HJ 00537
    Location:

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    628.461 Acquisition of controlling stock.
    628.4615 Specialty insurers; acquisition of controlling stock, ownership interest, assets, or control; merger or consolidation.
    628.511 Book entry accounting system.
    628.801 Insurance holding companies; registration; regulation.

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  • SB 562, Engrossed 1 Posted 3/29/2007 at 3:16 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Votes (1)

    Date Chamber Result
    4/24/2007 9:41 AM House 109 Yeas - 0 Nays

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    628.461 Acquisition of controlling stock.
    628.4615 Specialty insurers; acquisition of controlling stock, ownership interest, assets, or control; merger or consolidation.
    628.511 Book entry accounting system.
    628.801 Insurance holding companies; registration; regulation.

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  • SB 562, Original Filed Version Posted 1/11/2007 at 10:39 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 2/13/2007 (pdf)
    Judiciary (Post-Meeting) 3/7/2007 (pdf)

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    930886 - Amendment
    Alexander 3/29/2007
    1:51 PM
    Senate: Adopted
    3/29/2007
    Web Page
    PDF
    674080 - Amendment
    Alexander 3/29/2007
    1:56 PM
    Senate: Adopted
    3/29/2007
    Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    2/20/2007 2:30 PM Banking and Insurance 10 Yeas - 0 Nays
    3/8/2007 9:00 AM Judiciary 10 Yeas - 0 Nays

    Floor Votes (1)

    Date Chamber Result
    3/29/2007 2:28 PM Senate 38 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    628.511 Book entry accounting system.

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