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CS/CS/HB 1243: Citizens Property Insurance Corporation

GENERAL BILL by Economic Affairs Committee ; Insurance and Banking Subcommittee ; Boyd ; (CO-INTRODUCERS) Albritton ; Van Zant

Citizens Property Insurance Corporation; Revises legislative intent; provides certain residential structures are not eligible for coverage by corporation after certain date; prohibits corporation from levying assessments until surcharge is levied; requires corporation to commission consultant to prepare report on outsourcing; revises wind coverage provisions; specifies that corporation's insurance policies must provide that surplus lines insurer's offer to cover risks makes policy ineligible for renewal, etc.

Effective Date: upon becoming a law
Last Action: 5/7/2011 House - Died on Calendar, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/4/2011 House • Filed
    3/8/2011 House • Introduced -HJ 112
    3/14/2011 House • Referred to Insurance and Banking Subcommittee; Economic Affairs Committee -HJ 220
    • On Committee agenda-- Insurance and Banking Subcommittee, 03/16/11, 8:00 am, 404 HOB --Workshopped
    3/28/2011 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/30/11, 10:00 am, 404 HOB
    3/30/2011 House • CS by Insurance and Banking Subcommittee; YEAS 11 NAYS 3 -HJ 409
    4/4/2011 House • Pending review of CS under Rule 7.19(c)
    • CS by Insurance and Banking Subcommittee read 1st time -HJ 407
    4/5/2011 House • Now in Economic Affairs Committee -HJ 414
    • On Committee agenda-- Economic Affairs Committee, 04/07/11, 8:00 am, Reed Hall
    4/7/2011 House • CS/CS by- Economic Affairs Committee; YEAS 10 NAYS 6 -HJ 611
    4/11/2011 House • Pending review of CS -under Rule 7.19(c)
    • CS/CS by Economic Affairs Committee read 1st time -HJ 604
    4/12/2011 House • Placed on Calendar -HJ 614
    5/7/2011 House • Indefinitely postponed and withdrawn from consideration
    • Died on Calendar, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)

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  • CS/CS/HB 1243, Committee Substitute 2 (Current Bill Version) Posted 4/11/2011 at 3:05 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 408 (er) Property and Casualty Insurance Richter Compare Last Action: 5/17/2011 Chapter No. 2011-39, companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226), HB 4081 (Ch. 2011-11), SB 2156 (Ch. 2011-142)
    Location: Became Law
    S 1714 (c1) Citizens Property Insurance Corporation Hays Compare Last Action: 5/7/2011 S Died in Budget, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)
    Location: In committee/council (BC)

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    935281 - Amendment
    Remove lines 186-199
    Boyd 4/28/2011
    7:27 PM
    Web Page
    PDF
    760611 - Amendment
    Remove line 778 and insert:
    Boyd 4/29/2011
    8:24 AM
    Web Page
    PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 3 (pdf)
    627.712 Residential windstorm coverage required; availability of exclusions for windstorm or contents. Page 62 (pdf)

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  • CS/HB 1243, Committee Substitute 1 Posted 4/4/2011 at 11:44 AM

    Bill Text:   Web Page | PDF
    Analyses:   Economic Affairs Committee (Post-Meeting) 4/13/2011 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1714 (c1) Citizens Property Insurance Corporation Hays Compare Last Action: 5/7/2011 S Died in Budget, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)
    Location: In committee/council (BC)

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 3 (pdf)
    627.712 Residential windstorm coverage required; availability of exclusions for windstorm or contents. Page 62 (pdf)

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  • HB 1243, Original Filed Version Posted 3/4/2011 at 2:32 PM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 4/4/2011 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1714 (c1) Citizens Property Insurance Corporation Hays Compare Last Action: 5/7/2011 S Died in Budget, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)
    Location: In committee/council (BC)

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 2 (pdf)
    627.3511 Depopulation of Citizens Property Insurance Corporation. Page 52 (pdf)
    627.712 Residential windstorm coverage required; availability of exclusions for windstorm or contents. Page 53 (pdf)

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