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CS/HB 1421: Property Insurance Assignment Agreements

GENERAL BILL by Commerce Committee ; Grant, J. ; Plasencia ; (CO-INTRODUCERS) Miller, A. ; Roth

Property Insurance Assignment Agreements; Provides requirements & limitations of assignment agreements; provides burden of proof; provides for award of reasonable attorney fees for certain claims arising under assignment agreements; specifies notice & reporting requirements; specifies certain residential property insurance policies may not prohibit assignment of post-loss benefits.

Effective Date: 7/1/2017
Last Action: 5/5/2017 Senate - Died in Banking and Insurance
Bill Text: PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Rules (RC)

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  • Bill History

    Date Chamber Action
    3/7/2017 House • Filed
    • Introduced -HJ 144
    3/10/2017 House • Referred to Insurance and Banking Subcommittee; Commerce Committee -HJ 352
    • On Committee agenda-- Insurance and Banking Subcommittee, 03/14/17, 2:00 pm, Sumner Hall
    3/14/2017 House • Favorable by Insurance and Banking Subcommittee; YEAS 14 NAYS 1 -HJ 369
    • Now in Commerce Committee -HJ 370
    4/17/2017 House • PCS on Committee agenda-- Commerce Committee, 04/19/17, 8:00 am, Webster Hall
    4/19/2017 House • CS by- Commerce Committee; YEAS 21 NAYS 7 -HJ 787
    4/20/2017 House • Pending review of CS -under Rule 7.18(c)
    • Placed on Calendar -HJ 784
    • Placed on Special Order Calendar, 04/25/17
    • CS by Commerce Committee read 1st time -HJ 782
    4/25/2017 House • Read 2nd time -HJ 816
    • Amendment(s) failed (702957) -HJ 816
    • Placed on 3rd reading
    4/26/2017 House • Read 3rd time -HJ 854
    • CS passed; YEAS 91 NAYS 26 -HJ 854
    4/26/2017 Senate • In Messages
    4/30/2017 Senate • Referred to Banking and Insurance; Rules -SJ 611
    5/1/2017 Senate • Received -SJ 611
    5/5/2017 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Banking and Insurance

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  • CS/HB 1421, Committee Substitute 1 (Current Bill Version) Posted 4/20/2017 at 11:30 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1038 Assignment of Property Insurance Benefits Hukill Compare Last Action: 5/5/2017 S Died in Banking and Insurance
    S 1218 (c1) Property Repair Farmer Compare Last Action: 5/5/2017 S Died in Regulated Industries

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    702957 - Amendment
    Between lines 244 and 245, insert:
    Jenne 4/21/2017
    3:51 PM
    House: Failed
    4/25/2017
    PDF

    Floor Votes (1)

    Date Chamber Result
    4/26/2017 10:43 AM House 91 Yeas - 26 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.422 Assignment of policies. Page 9 (pdf)
    627.7152 Page 1 (pdf)

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  • HB 1421, Original Filed Version Posted 3/7/2017 at 12:29 PM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 3/14/2017 (pdf)
    Commerce Committee (Post-Meeting) 4/20/2017 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1038 Assignment of Property Insurance Benefits Hukill Compare Last Action: 5/5/2017 S Died in Banking and Insurance
    S 1218 (c1) Property Repair Farmer Compare Last Action: 5/5/2017 S Died in Regulated Industries

    Committee Amendments (4)

    Amendment Sponsor Filed Last Committee Action Format
    567293 - Amendment
    Remove lines 172-200
    Geller 4/18/2017
    6:49 PM
    Withdrawn Prior to Consideration
    4/18/2017
    PDF
    857069 - Strike All Amendment
    Remove everything after the enacting clause and insert:
    Grant, J. 3/13/2017
    5:57 PM
    Failed to Adopt
    3/14/2017
    PDF
    hierarchy 865471 - Amendment to Amendment (857069)
    Remove lines 157-158 of the amendment and insert:
    Ingoglia 3/14/2017
    12:38 PM
    Withdrawn
    3/14/2017
    PDF
    hierarchy 008127 - Amendment to Amendment (857069)
    Between lines 247 and 248 of the amendment, insert:
    Santiago 3/14/2017
    10:25 AM
    Withdrawn
    3/14/2017
    PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.422 Assignment of policies. Page 8 (pdf)
    627.7152 Page 1 (pdf)

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