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The Florida Senate

SB 540: Insurance Guaranty Associations

GENERAL BILL by Rader ; (CO-INTRODUCERS) Rouson

Insurance Guaranty Associations; Authorizing certain guaranty association employees to adjust losses for the Florida Insurance Guaranty Association if certain conditions are met; redefining the term “net direct written premiums” as “direct written premiums” and revising the definition of that term; deleting a calculation of initial estimated assessments levied by the Office of Insurance Regulation on insurers in the Florida Insurance Guaranty Association; deleting a calculation of initial estimated assessments levied by the office on insurers in the Florida Workers’ Compensation Insurance Guaranty Association, etc.

Effective Date: 7/1/2020
Last Action: 6/22/2020 - Chapter No. 2020-54
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on Agriculture, Environment, and General Government (AEG)
  3. Appropriations (AP)



Bill History

Date Chamber Action
10/16/2019 Senate • Filed
11/1/2019 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 42
11/5/2019 Senate • On Committee agenda-- Banking and Insurance, 11/12/19, 1:30 pm, 412 Knott Building
11/12/2019 Senate • Favorable by Banking and Insurance; YEAS 7 NAYS 0 -SJ 131
• Now in Appropriations Subcommittee on Agriculture, Environment, and General Government
1/14/2020 Senate • Introduced -SJ 42
1/17/2020 Senate • On Committee agenda-- Appropriations Subcommittee on Agriculture, Environment, and General Government, 01/22/20, 1:30 pm, 110 Senate Building
1/22/2020 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on Agriculture, Environment, and General Government; YEAS 9 NAYS 0 -SJ 191
1/23/2020 Senate • Now in Appropriations
1/31/2020 Senate • On Committee agenda-- Appropriations, 02/05/20, 1:00 pm, 412 Knott Building
2/3/2020 Senate • On Committee agenda-- Appropriations, 02/06/20, 9:00 am, 412 Knott Building --Meeting cancelled
2/5/2020 Senate • Favorable by- Appropriations; YEAS 20 NAYS 0 -SJ 268
2/6/2020 Senate • Placed on Calendar, on 2nd reading
2/17/2020 Senate • Placed on Special Order Calendar, 02/19/20 -SJ 324
2/19/2020 Senate • Read 2nd time -SJ 321
• Placed on 3rd reading
2/26/2020 Senate • Read 3rd time -SJ 337
• Passed; YEAS 40 NAYS 0 -SJ 337
3/3/2020 House • In Messages
3/9/2020 House • Referred to Calendar -HJ 1000
• Received -HJ 1000
3/10/2020 House • Placed on Special Order Calendar, 03/10/20
• Read 2nd time -HJ 1043
• Placed on 3rd reading
3/11/2020 House • Read 3rd time -HJ 1084
• Passed; YEAS 116 NAYS 0 -HJ 1084
3/11/2020 Senate • Ordered enrolled -SJ 725
6/11/2020 • Signed by Officers and presented to Governor
6/20/2020 • Approved by Governor
6/22/2020 • Chapter No. 2020-54