SB 1430: Continuing Care Contracts
GENERAL BILL by Lee
Continuing Care Contracts; Citing this act as the “Protecting Florida Seniors from Financial Fraud Act”; revising applicability of certain provisions of the Florida Insurance Code as to providers of continuing care and continuing care at-home; prohibiting certain persons who served in specified capacities with certain insolvent facilities or providers from thereafter serving in such capacities under certain circumstances; revising, as of a specified date, the minimum liquid reserve requirements of providers, etc.
Effective Date: Except as otherwise expressly provided in this act, this act shall take effect July 1, 2017
Last Action: 5/5/2017 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/5/2017 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Appropriations Subcommittee on General Government (AGG)
- Appropriations (AP)
- Rules (RC)
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Bill History
Date Chamber Action 3/2/2017 Senate • Filed
3/14/2017 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations; Rules -SJ 193
3/15/2017 Senate • Introduced -SJ 193
5/5/2017 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Banking and Insurance
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SB 1430, Original Filed Version (Current Bill Version) Posted 3/2/2017 at 8:30 AM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1349 Continuing Care Contracts Stevenson Similar Last Action: 5/5/2017 H Died in Insurance and Banking Subcommittee 
Citations - Statutes (36)
Citation Catchline Location in Bill Location In Bill Help 651.011 Definitions. Page 7 (pdf) 651.012 Exempted facility; written disclosure of exemption. Page 100 (pdf) 651.013 Chapter exclusive; applicability of other laws. Page 12 (pdf) 651.014 Insurance business not authorized. Page 13 (pdf) 651.019 New financing, additional financing, or refinancing. Page 13 (pdf) 651.021 Certificate of authority required. Page 15 (pdf) 651.022 Provisional certificate of authority; application. Page 15 (pdf) 651.023 Certificate of authority; application. Page 21 (pdf) 651.024 Acquisition. Page 25 (pdf) 651.0245 Page 26 (pdf) 651.025 Page 40 (pdf) 651.0261 Quarterly statements. Page 40 (pdf) 651.0271 Page 42 (pdf) 651.033 Escrow accounts. Page 43 (pdf) 651.034 Page 48 (pdf) 651.035 Minimum liquid reserve requirements. Page 49 (pdf) 651.036 Page 57 (pdf) 651.043 Page 60 (pdf) 651.051 Maintenance of assets and records in state. Page 63 (pdf) 651.055 Continuing care contracts; right to rescind. Page 63 (pdf) 651.058 Page 68 (pdf) 651.064 Page 69 (pdf) 651.071 Contracts as preferred claims on liquidation or receivership. Page 81 (pdf) 651.091 Availability, distribution, and posting of reports and records; requirement of full disclosure. Page 81 (pdf) 651.105 Examination and inspections. Page 83 (pdf) 651.1055 Page 85 (pdf) 651.106 Grounds for discretionary refusal, suspension, or revocation of certificate of authority. Page 85 (pdf) 651.1065 Page 88 (pdf) 651.107 Duration of suspension; obligations during suspension period; reinstatement. Page 89 (pdf) 651.114 Delinquency proceedings; remedial rights. Page 90 (pdf) 651.1141 Page 95 (pdf) 651.1151 Administrative, vendor, and management contracts. Page 95 (pdf) 651.119 Assistance to persons affected by closure due to liquidation or pending liquidation. Page 96 (pdf) 651.125 Criminal penalties; injunctive relief. Page 99 (pdf) 651.131 Actions under prior law. Page 100 (pdf) 651.132 Amendment or renewal of existing contracts. Page 100 (pdf)