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CS/HB 129: Sinkhole Coverage

GENERAL BILL by Regulatory Affairs Committee ; Raburn ; (CO-INTRODUCERS) Campbell

Sinkhole Coverage; Requires Citizens Property Insurance Corporation to submit biannual report on number of residential sinkhole policies requested, issued, & declined & reasons for declining coverage; requires corporation to establish Citizens Sinkhole Stabilization Repair Program for sinkhole claims; prohibits corporation from requiring policyholder to advance payment for stabilization repairs provided under program; provides requirements & procedures for selecting stabilization repair contractors to conduct stabilization repairs; requires stabilization repairs to be conducted pursuant to contract; provides requirements for such contracts; requires policyholder to select contractor from pool within certain time period; specifies additional requirements with respect to program; requires corporation to offer specified deductible amounts for sinkhole loss coverage; requires OPPAGA to conduct study of program & submit report to Governor, CFO, & Legislature; provides severability.

Effective Date: 7/1/2014
 Last Action: 5/2/2014 Senate - Died in Banking and Insurance
Bill Text: PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    10/2/2013 House • Filed
    11/5/2013 House • Referred to Insurance and Banking Subcommittee; Regulatory Affairs Committee -HJ 17
    2/4/2014 House • On Committee agenda-- Insurance and Banking Subcommittee, 02/11/14, 3:30 pm, Sumner Hall
    2/11/2014 House • Favorable by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 156
    2/12/2014 House • Now in Regulatory Affairs Committee -HJ 156
    3/4/2014 House • Introduced -HJ 17
    4/1/2014 House • On Committee agenda-- Regulatory Affairs Committee, 04/03/14, 8:30 am, Sumner Hall
    4/3/2014 House • CS by- Regulatory Affairs Committee; YEAS 12 NAYS 4 -HJ 475
    4/7/2014 House • Pending review of CS -under Rule 7.19(c)
    • Placed on Calendar -HJ 475
    • Placed on Special Order Calendar, 04/09/14
    • CS by Regulatory Affairs Committee read 1st time -HJ 470
    4/9/2014 House • Read 2nd time -HJ 496
    • Placed on 3rd reading
    4/11/2014 House • Read 3rd time -HJ 515
    • CS passed; YEAS 85 NAYS 25 -HJ 515
    4/21/2014 Senate • In Messages
    • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 521
    4/22/2014 Senate • Received -SJ 521
    5/2/2014 Senate • Died in Banking and Insurance

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  • CS/HB 129, Committee Substitute 1 (Current Bill Version) Posted 4/7/2014 at 10:50 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 416 (c1) Sinkhole Coverage Simpson Similar Last Action: 5/2/2014 S Died in Appropriations
    Location: In committee/council (AP)     		Track This Bill

    Floor Amendments (3)

    Amendment Sponsor Filed Last Floor Action Format
    874965 - Amendment
    Remove line 100 and insert:     		Artiles 4/8/2014
    1:48 PM     		House: Withdrawn
    4/9/2014     		PDF
    844445 - Amendment
    Between lines 179 and 180, insert:     		Artiles 4/8/2014
    1:49 PM     		House: Withdrawn
    4/9/2014     		PDF
    887917 - Amendment
    Between lines 235 and 236, insert:     		Artiles 4/8/2014
    1:49 PM     		House: Withdrawn
    4/9/2014     		PDF

    Floor Votes (1)

    Date Chamber Result
    4/11/2014 3:25 PM House 85 Yeas - 25 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 2 (pdf)
    627.706 Sinkhole insurance; catastrophic ground cover collapse; definitions. Page 10 (pdf)

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  • HB 129, Original Filed Version Posted 10/2/2013 at 3:52 PM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 2/12/2014 (pdf)
    Regulatory Affairs Committee (Post-Meeting) 4/7/2014 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 416 (c1) Sinkhole Coverage Simpson Compare Last Action: 5/2/2014 S Died in Appropriations
    Location: In committee/council (AP)     		Track This Bill

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    734203 - Strike All Amendment
    Remove everything after the enacting clause and insert:     		Raburn 4/2/2014
    1:51 PM     		Adopted without Objection
    4/3/2014     		PDF
    hierarchy 273929 - Amendment to Amendment (734203)
    Remove line 75 of the amendment and insert:     		Raburn 4/2/2014
    6:55 PM     		Failed to Adopt
    4/3/2014     		PDF
    hierarchy 234455 - Amendment to Amendment (734203)
    Remove line 184 of the amendment and insert:     		Raburn 4/2/2014
    6:55 PM     		Adopted without Objection
    4/3/2014     		PDF

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 1 (pdf)

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