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CS/HB 7021: Florida Hurricane Catastrophe Fund

GENERAL BILL by Policy & Budget Council ; Jobs & Entrepreneurship Council ; Reagan ; (CO-INTRODUCERS) Ausley ; Chestnut ; Gibbons ; Kriseman ; Long ; Richardson ; Sands ; Scionti ; Seiler ; Soto

Florida Hurricane Catastrophe Fund; Creates Division of the Florida Hurricane Catastrophe Fund within SBA; transfers powers, duties, & responsibilities of administration of fund from SBA to division; requires SBA to appoint director; extends for additional year offer of reimbursement coverage for specified insurers; revises qualifying criteria for such insurers; provides penalties & interest for failing to collect & remit specified assessments, etc.

Effective Date: 06/01/2008
Last Action: 5/2/2008 House - Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2012 (Ch. 2008-220), CS/CS/SB 2860 (Ch. 2008-66)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/7/2008 House • Filed; Introduced, referred to Policy & Budget Council -HJ 00211, -HJ 00221
    4/10/2008 House • On Council agenda-- Policy & Budget Council, 04/14/08, 3:15 pm, 212-K
    4/11/2008 House • CS by- Policy & Budget Council; YEAS 33 NAYS 0 -HJ 00568
    4/16/2008 House • CS read 1st time on 04/16/08 -HJ 00565; CS filed
    4/17/2008 House • Placed on Calendar -HJ 00681
    4/25/2008 House • Placed on Special Order Calendar; Read 2nd time -HJ 00920; Amendment(s) adopted -HJ 00920
    5/2/2008 House • Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2012 (Ch. 2008-220), CS/CS/SB 2860 (Ch. 2008-66)

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  • CS/HB 7021, Engrossed 1 (Current Bill Version) Posted 4/25/2008 at 1:23 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 2012 (e2) Deutch Compare Last Action: 6/23/2008 Approved by Governor; Chapter No. 2008-220; See also CS/CS/SB 1012 (Ch. 2008-212), CS/CS/SB 2860 (Ch. 2008-66)
    Location:
    S 2156 (c3) Florida Hurricane Catastrophe Fund [EPCC] Banking and Insurance Compare Last Action: 5/2/2008 S Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2012 (Ch. 2008-220), CS/CS/SB 2860 (Ch. 2008-66)
    Location:
    S 2860 (e3) Geller Compare Last Action: 5/8/2009 S Line Item(s) Veto Message transmitted to Secretary of State; Chapter 2008-66; See also CS/HB 697 (Ch. 2008-191), CS/CS/SB 2012 (Ch. 2008-220)
    Location:

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund.
    215.557 Reports of insured values.
    215.5586 My Safe Florida Home Program.
    215.559 Hurricane Loss Mitigation Program.
    215.5595 Insurance Capital Build-Up Incentive Program.
    624.424 Annual statement and other information.
    627.0628 Florida Commission on Hurricane Loss Projection Methodology; public records exemption; public meetings exemption.
    627.351 Insurance risk apportionment plans.

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  • CS/HB 7021, Committee Substitute 1 Posted 4/16/2008 at 10:32 AM

    Bill Text:   Web Page | PDF
    Analyses:   Policy & Budget Council (Post-Meeting) (pdf)

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    196579 - Amendment
    Reagan 4/22/2008
    11:25 AM
    Web Page
    PDF
    019163 - Amendment
    Reagan 4/24/2008
    11:51 AM
    Web Page
    PDF

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund.
    215.557 Reports of insured values.
    215.5586 My Safe Florida Home Program.
    215.559 Hurricane Loss Mitigation Program.
    215.5595 Insurance Capital Build-Up Incentive Program.
    624.424 Annual statement and other information.
    627.0628 Florida Commission on Hurricane Loss Projection Methodology; public records exemption; public meetings exemption.
    627.351 Insurance risk apportionment plans.

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  • HB 7021, Original Filed Version Posted 3/10/2008 at 10:43 AM

    Bill Text:   Web Page | PDF
    Analyses:   Jobs & Entrepreneurship Council (Post-Meeting) (pdf)
    Policy & Budget Council (Post-Meeting) (pdf)

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund.
    215.557 Reports of insured values.
    215.5586 My Safe Florida Home Program.
    215.559 Hurricane Loss Mitigation Program.
    215.5595 Insurance Capital Build-Up Incentive Program.
    624.424 Annual statement and other information.
    627.0628 Florida Commission on Hurricane Loss Projection Methodology; public records exemption; public meetings exemption.
    627.351 Insurance risk apportionment plans.

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