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CS/CS/HB 321: Title Insurance

GENERAL BILL by Government Operations Appropriations Subcommittee ; Insurance and Banking Subcommittee ; Passidomo ; Moraitis ; (CO-INTRODUCERS) Cummings ; Wood

Title Insurance; Revising criteria with respect to liabilities charged against assets in determinations of financial condition; specifying the reserves that certain title insurers must set aside after a certain date; specifying that only a licensed and appointed agent or agency is authorized to sell title insurance; revising the application requirements for a title insurance agency license; limiting the remedies available for the breach of duty arising from a title insurance contract, etc.

Effective Date: 7/1/2014
Last Action: 6/13/2014 - Chapter No. 2014-112, companion bill(s) passed, see CS/CS/HB 805 (Ch. 2014-132)
Bill Text: PDF



Bill History

Date Chamber Action
11/15/2013 House • Filed
12/16/2013 House • Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee -HJ 30
1/8/2014 House • On Committee agenda-- Insurance and Banking Subcommittee, 01/15/14, 8:00 am, Sumner Hall
1/15/2014 House • CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 154
1/24/2014 House • Pending review of CS under Rule 7.19(c)
1/28/2014 House • Now in Government Operations Appropriations Subcommittee -HJ 151
2/4/2014 House • On Committee agenda-- Government Operations Appropriations Subcommittee, 02/11/14, 1:00 pm, Morris Hall
2/11/2014 House • CS/CS by Government Operations Appropriations Subcommittee; YEAS 13 NAYS 0 -HJ 156
2/12/2014 House • Pending review of CS under Rule 7.19(c)
2/13/2014 House • Now in Regulatory Affairs Committee -HJ 151
3/4/2014 House • Introduced -HJ 30
• On Committee agenda-- Regulatory Affairs Committee, 03/06/14, 9:30 am, Sumner Hall
• CS by Insurance and Banking Subcommittee read 1st time -HJ 139
• CS/CS by Government Operations Appropriations Subcommittee read 1st time -HJ 139
3/6/2014 House • Favorable by- Regulatory Affairs Committee; YEAS 16 NAYS 0 -HJ 204
• Placed on Calendar -HJ 204
3/28/2014 House • Placed on Special Order Calendar, 04/01/14
4/1/2014 House • Read 2nd time -HJ 419
• Amendment(s) adopted (701501) -HJ 421
• Read 3rd time -HJ 421
• CS passed as amended; YEAS 116 NAYS 0 -HJ 422
4/2/2014 Senate • In Messages
• Referred to Banking and Insurance; Judiciary; Commerce and Tourism -SJ 433
4/3/2014 Senate • Received -SJ 433
• Withdrawn from Banking and Insurance; Judiciary; Commerce and Tourism -SJ 433
• Placed on Calendar, on 2nd reading -SJ 433
• Substituted for CS/CS/SB 570 -SJ 433
• Read 2nd time -SJ 433
• Placed on 3rd reading
4/11/2014 Senate • Read 3rd time -SJ 487
• CS passed; YEAS 37 NAYS 0 -SJ 487
4/23/2014 House • Ordered enrolled -HJ 629
6/5/2014 • Signed by Officers and presented to Governor
6/13/2014 • Approved by Governor
• Chapter No. 2014-112, companion bill(s) passed, see CS/CS/HB 805 (Ch. 2014-132)