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The Florida Senate

SB 1506: Florida Hurricane Catastrophe Fund

GENERAL BILL by Braynon

Florida Hurricane Catastrophe Fund; Revising the calculation for retention multiples; providing that the aggregate retention level may not exceed a specified amount; reducing the actual claims-paying capacity of the fund by specified amounts during a certain period until the claims-paying capacity of the fund is a specified amount; requiring certain amounts to be reserved to pay specified claims, etc.

Effective Date: 7/1/2015
Last Action: 5/1/2015 Senate - Died in Banking and Insurance
Bill Text: Web Page | 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
    2/26/2015 Senate • Filed
    3/3/2015 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 140
    • Introduced -SJ 140
    5/1/2015 Senate • Died in Banking and Insurance

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  • SB 1506, Original Filed Version (Current Bill Version) Posted 2/26/2015 at 1:22 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1281 Florida Hurricane Catastrophe Fund Renuart Similar Last Action: 4/28/2015 H Died in Insurance and Banking Subcommittee
    Location: In committee/council (IBS)
    S 1494 Florida Hurricane Catastrophe Fund Ring Compare Last Action: 5/1/2015 S Died in Banking and Insurance
    Location: In committee/council (BI)

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 1 (pdf)

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