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CS/CS/HB 557: Florida Insurance Guaranty Association

GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Raburn

Florida Insurance Guaranty Association; Defines term "assessment year"; revises provisions relating to levy of assessments on insurers by Florida Insurance Guaranty Association; specifies conditions under which such assessments are paid; revises procedures & timeframes for levying of assessments; revises provisions relating to assessments that are premium & not subject to premium tax; limits insurer's liability for uncollectible emergency assessments; deletes requirement to file final accounting report documenting recoupment; revises exemption for assessments; requires charges or recoupments to be displayed separately on premium statements to policyholders & prohibits their inclusion in rates.

Effective Date: 7/1/2015
Last Action: 4/24/2015 House - Laid on Table, companion bill(s) passed, see CS/SB 836 (Ch. 2015-65) -HJ 824
Bill Text: PDF



Bill History

Date Chamber Action
2/2/2015 House • Filed
2/11/2015 House • Referred to Insurance and Banking Subcommittee; Finance and Tax Committee; Regulatory Affairs Committee -HJ 48
2/27/2015 House • On Committee agenda-- Insurance and Banking Subcommittee, 03/03/15, 4:30 pm, Sumner Hall
3/3/2015 House • Introduced -HJ 48
• CS by Insurance and Banking Subcommittee; YEAS 12 NAYS 0 -HJ 172
3/4/2015 House • Pending review of CS under Rule 7.19(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 169
3/5/2015 House • Now in Finance and Tax Committee -HJ 181
3/23/2015 House • On Committee agenda-- Finance and Tax Committee, 03/25/15, 1:00 pm, Morris Hall
3/25/2015 House • Favorable by Finance and Tax Committee; YEAS 16 NAYS 0 -HJ 328
• Now in Regulatory Affairs Committee -HJ 328
3/30/2015 House • On Committee agenda-- Regulatory Affairs Committee, 04/01/15, 8:00 am, Sumner Hall
4/1/2015 House • CS/CS by- Regulatory Affairs Committee; YEAS 13 NAYS 0 -HJ 429
4/2/2015 House • Pending review of CS -under Rule 7.19(c)
• CS/CS by Regulatory Affairs Committee read 1st time -HJ 426
4/3/2015 House • Placed on Calendar -HJ 436
4/22/2015 House • Placed on Special Order Calendar, 04/24/15
4/24/2015 House • Substituted CS/SB 836 -HJ 824
• Laid on Table, companion bill(s) passed, see CS/SB 836 (Ch. 2015-65) -HJ 824