CS/SB 636: Title Insurance [EPCC]
GENERAL BILL by Banking and Insurance ; Lawson
Title Insurance [EPCC]; provides additional requirements for nonresident title insurance agent licensure; provides exception to prohibition against dealing in certain premiums; revises rate & rate-deviation requirements; revises determination of insurability & records retention requirements; clarifies content of estoppel letters sent to mortgagors; adds title insurance agents for purpose of assigning liability for damages, etc. Amends Chs. 626, 627, 701.
Effective Date: 10/01/2007
Last Action: 4/30/2007 Senate - Placed on Special Order Calendar; Substituted CS/HB 111 -SJ 00708; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 111 (Ch. 2007-44) -SJ 00708
Bill Text: Web Page | PDF
Last Action: 4/30/2007 Senate - Placed on Special Order Calendar; Substituted CS/HB 111 -SJ 00708; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 111 (Ch. 2007-44) -SJ 00708
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 1/17/2007 Senate • Filed
2/8/2007 Senate • Referred to Banking and Insurance; Finance and Tax
3/6/2007 Senate • Introduced, referred to Banking and Insurance; Finance and Tax -SJ 00042
4/11/2007 Senate • On Committee agenda-- Banking and Insurance, 04/16/07, 1:30 pm, 412-K
4/16/2007 Senate • CS by Banking and Insurance; YEAS 8 NAYS 0 -SJ 00439; CS read 1st time on 04/18/07 -SJ 00442
4/18/2007 Senate • Pending reference review under Rule 4.7(2); Now in Finance and Tax -SJ 00439
4/19/2007 Senate • On Committee agenda-- Finance and Tax, 04/24/07, 8:15 am, 301-S
4/24/2007 Senate • Favorable by- Finance and Tax; YEAS 4 NAYS 0 -SJ 00544; Placed on Calendar, on 2nd reading -SJ 00544
4/30/2007 Senate • Placed on Special Order Calendar; Substituted CS/HB 111 -SJ 00708; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 111 (Ch. 2007-44) -SJ 00708
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CS/SB 636, Committee Substitute 1 (Current Bill Version) Posted 4/18/2007 at 1:30 PM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Post-Meeting) 4/16/2007 (pdf)
Finance and Tax (Post-Meeting) 4/20/2007 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location H 111 (e1) Galvano Similar Last Action: 5/22/2007 Approved by Governor; Chapter No. 2007-44
Location:Committee Votes (1)
Date Committee Result 4/24/2007 8:15 AM Finance and Tax 4 Yeas - 0 Nays Citations - Statutes (9)
Citation Catchline Location in Bill Location In Bill Help 626.84201 Nonresident title insurance agents. 626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined. 627.7711 Definitions. 627.780 Illegal dealings in risk premium. 627.782 Adoption of rates. 627.783 Rate deviation. 627.7845 Determination of insurability required; preservation of evidence of title search and examination. 701.04 Cancellation of mortgages, liens, and judgments. 701.041 Title insurer; mortgage release certificate. -
SB 636, Original Filed Version Posted 1/17/2007 at 9:52 AM
Bill Text: Web Page | PDF Analyses: None Committee Amendments (3)
Amendment Sponsor Filed Last Committee Action Format 272346 - Amendment
Banking and Insurance
(Lawson)4/13/2007
1:23 PMReplaced by Committee Substitute
4/16/2007Web Page
PDF592598 - Amendment
Banking and Insurance
(Lawson)4/13/2007
1:23 PMWithdrawn
4/16/2007Web Page
PDF143382 - Amendment
Banking and Insurance
(Lawson)4/13/2007
1:24 PMReplaced by Committee Substitute
4/16/2007Web Page
PDFCommittee Votes (1)
Date Committee Result 4/16/2007 1:30 PM Banking and Insurance 8 Yeas - 0 Nays Citations - Statutes (7)
Citation Catchline Location in Bill Location In Bill Help 626.84201 Nonresident title insurance agents. 626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined. 627.7711 Definitions. 627.780 Illegal dealings in risk premium. 627.782 Adoption of rates. 627.783 Rate deviation. 627.7845 Determination of insurability required; preservation of evidence of title search and examination.