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Glossary of Legislative Terms

SB 1262: Florida Hurricane Catastrophe Fund

GENERAL BILL by Hays

Florida Hurricane Catastrophe Fund; Revising the definitions for “corporation,” “covered policy,” and “retention”; providing for calculation of an insurer’s reimbursement premium and retention under the reimbursement contract; revising coverage levels available under the reimbursement contract; revising aggregate coverage limits; providing for the phase-in of changes to coverage levels and limits; changing the name of the Florida Hurricane Catastrophe Fund Finance Corporation to the State Board of Administration Finance Corporation, etc.

Effective Date: 7/1/2013
 Last Action: 5/3/2013 Senate - Died in Appropriations, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    2/27/2013 Senate • Filed
    3/1/2013 Senate • Referred to Banking and Insurance; Appropriations -SJ 95
    3/5/2013 Senate • Introduced -SJ 95
    3/11/2013 Senate • On Committee agenda-- Banking and Insurance, 03/14/13, 8:00 am, 110 Senate Office Building --Temporarily Postponed
    3/15/2013 Senate • On Committee agenda-- Banking and Insurance, 03/20/13, 3:00 pm, 110 Senate Office Building --Temporarily Postponed
    3/28/2013 Senate • On Committee agenda-- Banking and Insurance, 04/02/13, 12:30 pm, 110 Senate Office Building --Temporarily Postponed
    4/11/2013 Senate • On Committee agenda-- Banking and Insurance, 04/16/13, 1:30 pm, 110 Senate Office Building
    4/16/2013 Senate • Favorable with 1 amendment(s) by Banking and Insurance (548468); YEAS 10 NAYS 0 -SJ 480
    4/17/2013 Senate • Pending reference review under Rule 4.7(2) - (Amendments)
    4/18/2013 Senate • Now in Appropriations -SJ 480
    5/3/2013 Senate • Died in Appropriations, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60)

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  • SB 1262, Original Filed Version (Current Bill Version) Posted 2/27/2013 at 1:35 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 4/1/2013 (pdf)
    Banking and Insurance (Post-Meeting) 4/17/2013 (pdf)

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 909 (e1) Property Insurance Wood Compare Last Action: 5/3/2013 H Died on Calendar, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60), SB 1850 (Ch. 2013-61)
    Location: On 3rd Reading Calendar     		Track This Bill
    H 1055 Florida Hurricane Catastrophe Fund Hager Compare Last Action: 2/27/2013 H Withdrawn prior to introduction, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60) -HJ 104
    Location: Withdrawn from consideration     		Track This Bill
    H 1107 (c2) Florida Hurricane Catastrophe Fund Hager Compare Last Action: 5/3/2013 H Died on Calendar, companion bill(s) passed, see CS/CS/SB 468 (Ch. 2013-66), CS/SB 1770 (Ch. 2013-60)
    Location: On 2nd Reading Calendar     		Track This Bill
    S 1770 (er) Property Insurance Banking and Insurance Compare Last Action: 5/29/2013 Chapter No. 2013-60, companion bill(s) passed, see SB 1850 (Ch. 2013-61)
    Location: Became Law     		Track This Bill

    Committee Amendments (4)

    Amendment Sponsor Filed Last Committee Action Format
    548468 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Banking and Insurance
    (Ring)     		3/12/2013
    1:55 PM     		Favorable
    4/16/2013     		Web Page
    PDF
    hierarchy 588276 - Substitute Amendment (548468)
    Delete lines 28 - 1017 and insert:     		Banking and Insurance
    (Hays)     		3/13/2013
    3:48 PM     		Withdrawn
    4/16/2013     		Web Page
    PDF
    hierarchy 398790 - Amendment to Substitute Amendment (588276)
    Delete lines 5 - 165 and insert:     		Banking and Insurance
    (Ring)     		3/20/2013
    3:18 PM     		Favorable
    4/16/2013     		Web Page
    PDF
    303624 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Banking and Insurance
    (Hays)     		3/13/2013
    2:28 PM     		Withdrawn
    4/16/2013     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/16/2013 1:30 PM Banking and Insurance 10 Yeas - 0 Nays

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 2 (pdf)
    624.424 Annual statement and other information. Page 31 (pdf)
    627.062 Rate standards. Page 30 (pdf)
    627.0629 Residential property insurance; rate filings. Page 32 (pdf)
    627.351 Insurance risk apportionment plans. Page 32 (pdf)

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