Senate Bill 940 (2016) - The Florida Senate

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CS/CS/SB 940: Title Insurance

GENERAL BILL by Commerce and Tourism ; Banking and Insurance ; Bradley

Title Insurance; Revising the reserves that certain title insurers must set aside after a certain date; revising premium reserve requirements and calculations for a title insurer who transfers domicile to this state, etc.

Effective Date: 7/1/2016
Last Action: 2/24/2016 Senate - Laid on Table, companion bill(s) passed, see CS/HB 695 (Ch. 2016-57) -SJ 493
Bill Text: Web Page | PDF

Senate Committee References:

Banking and Insurance (BI)
Commerce and Tourism (CM)
Fiscal Policy (FP)

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Bill History

Date	Chamber	Action
11/20/2015	Senate	• Filed
12/11/2015	Senate	• Referred to Banking and Insurance; Commerce and Tourism; Fiscal Policy -SJ 71
1/4/2016	Senate	• On Committee agenda-- Banking and Insurance, 01/11/16, 4:00 pm, 110 Senate Office Building
1/11/2016	Senate	• CS by Banking and Insurance; YEAS 8 NAYS 0 -SJ 127
1/12/2016	Senate	• Introduced -SJ 71 • Pending reference review under Rule 4.7(2) - (Committee Substitute) • Now in Commerce and Tourism -SJ 127 • CS by Banking and Insurance read 1st time -SJ 122
1/20/2016	Senate	• On Committee agenda-- Commerce and Tourism, 01/25/16, 1:00 pm, 110 Senate Office Building
1/25/2016	Senate	• CS/CS by Commerce and Tourism; YEAS 7 NAYS 0 -SJ 246
1/26/2016	Senate	• Pending reference review under Rule 4.7(2) - (Committee Substitute)
1/27/2016	Senate	• Now in Fiscal Policy -SJ 246 • CS/CS by Commerce and Tourism read 1st time -SJ 253
2/1/2016	Senate	• On Committee agenda-- Fiscal Policy, 02/04/16, 9:00 am, 412 Knott Building
2/4/2016	Senate	• Favorable by- Fiscal Policy; YEAS 8 NAYS 0 -SJ 303 • Placed on Calendar, on 2nd reading -SJ 303
2/18/2016	Senate	• Placed on Special Order Calendar, 02/24/16
2/24/2016	Senate	• Read 2nd time -SJ 493 • Substituted CS/HB 695 -SJ 493 • Laid on Table, companion bill(s) passed, see CS/HB 695 (Ch. 2016-57) -SJ 493

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CS/CS/SB 940, Committee Substitute 2 (Current Bill Version) Posted 1/26/2016 at 10:12 AM

Bill Text:	Web Page \| PDF

Analyses:	Fiscal Policy (Pre-Meeting) 2/3/2016 (pdf) Fiscal Policy (Post-Meeting) 2/4/2016 (pdf)

Related Bills (3)

Bill Number	Subject	Filed By	Relationship	Last Action and Location
H 695 (er)	Title Insurance	Boyd	Similar	Last Action: 3/10/2016 Chapter No. 2016-57 Location: Became Law
H 831	Title Insurance Reserve	Taylor	Compare	Last Action: 3/11/2016 H Died in Insurance and Banking Subcommittee, companion bill(s) passed, see CS/HB 695 (Ch. 2016-57) Location: In committee/council (IBS)
S 622	Title Insurance Reserve	Hukill	Compare	Last Action: 3/11/2016 S Died in Banking and Insurance, companion bill(s) passed, see CS/HB 695 (Ch. 2016-57) Location: In committee/council (BI)

Committee Votes (1)

Date	Committee	Result
2/4/2016 9:00 AM	Fiscal Policy	8 Yeas - 0 Nays

Citations - Statutes (1)

Citation	Catchline	Location in Bill Location In Bill Help
625.111	Title insurance reserve.	Page 1 (pdf)

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CS/SB 940, Committee Substitute 1 Posted 1/12/2016 at 12:10 PM

Bill Text:	Web Page \| PDF

Analyses:	Commerce and Tourism (Pre-Meeting) 1/22/2016 (pdf) Commerce and Tourism (Post-Meeting) 1/26/2016 (pdf)

Related Bills (3)

Bill Number	Subject	Filed By	Relationship	Last Action and Location
H 695 (c1)	Title Insurance	Boyd	Similar	Last Action: 3/10/2016 Chapter No. 2016-57 Location: Became Law
H 831	Title Insurance Reserve	Taylor	Compare	Last Action: 3/11/2016 H Died in Insurance and Banking Subcommittee, companion bill(s) passed, see CS/HB 695 (Ch. 2016-57) Location: In committee/council (IBS)
S 622	Title Insurance Reserve	Hukill	Compare	Last Action: 3/11/2016 S Died in Banking and Insurance, companion bill(s) passed, see CS/HB 695 (Ch. 2016-57) Location: In committee/council (BI)

Committee Amendments (1)

Amendment	Sponsor	Filed	Last Committee Action	Format
125834 - Amendment Delete lines 111 - 121 and insert:	Commerce and Tourism (Richter)	1/22/2016 12:55 PM	Replaced by Committee Substitute 1/25/2016	Web Page PDF

Committee Votes (1)

Date	Committee	Result
1/25/2016 1:00 PM	Commerce and Tourism	7 Yeas - 0 Nays

Citations - Statutes (1)

Citation	Catchline	Location in Bill Location In Bill Help
625.111	Title insurance reserve.	Page 1 (pdf)

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SB 940, Original Filed Version Posted 11/20/2015 at 12:35 PM

Bill Text:	Web Page \| PDF

Analyses:	Banking and Insurance (Pre-Meeting) 1/8/2016 (pdf) Banking and Insurance (Post-Meeting) 1/12/2016 (pdf)

Related Bills (3)

Bill Number	Subject	Filed By	Relationship	Last Action and Location
H 695	Title Insurance	Boyd	Identical	Last Action: 3/10/2016 Chapter No. 2016-57 Location: Became Law
H 831	Title Insurance Reserve	Taylor	Compare	Last Action: 3/11/2016 H Died in Insurance and Banking Subcommittee, companion bill(s) passed, see CS/HB 695 (Ch. 2016-57) Location: In committee/council (IBS)
S 622	Title Insurance Reserve	Hukill	Compare	Last Action: 3/11/2016 S Died in Banking and Insurance, companion bill(s) passed, see CS/HB 695 (Ch. 2016-57) Location: In committee/council (BI)

Committee Amendments (1)

Amendment	Sponsor	Filed	Last Committee Action	Format
583332 - Amendment Delete lines 39 - 76 and insert:	Banking and Insurance (Lee)	1/8/2016 3:53 PM	Replaced by Committee Substitute 1/11/2016	Web Page PDF

Committee Votes (1)

Date	Committee	Result
1/11/2016 4:00 PM	Banking and Insurance	8 Yeas - 0 Nays

Citations - Statutes (1)

Citation	Catchline	Location in Bill Location In Bill Help
625.111	Title insurance reserve.	Page 1 (pdf)

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