CS/SB 914: Contingency Risk Multipliers
GENERAL BILL by Banking and Insurance ; Brandes
Contingency Risk Multipliers; Providing that, for certain attorney fees awarded for claims arising under property insurance policies, a strong presumption is created that a lodestar fee is sufficient and reasonable; providing that such presumption may be rebutted only under certain circumstances, etc.
Senate Committee References:
- Banking and Insurance (BI)
- Judiciary (JU)
- Rules (RC)
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Bill History
Date Chamber Action 11/14/2019 Senate • Filed
12/13/2019 Senate • Referred to Banking and Insurance; Judiciary; Rules -SJ 70
1/14/2020 Senate • Introduced -SJ 69
1/16/2020 Senate • On Committee agenda-- Banking and Insurance, 01/21/20, 12:00 pm, 412 Knott Building
1/21/2020 Senate • CS by Banking and Insurance; YEAS 5 NAYS 3 -SJ 155
1/22/2020 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
1/23/2020 Senate • Now in Judiciary
1/27/2020 Senate • CS by Banking and Insurance read 1st time -SJ 196
1/30/2020 Senate • On Committee agenda-- Judiciary, 02/04/20, 12:30 pm, 110 Senate Building
2/4/2020 Senate • Favorable by Judiciary; YEAS 4 NAYS 2 -SJ 239
• Now in Rules
3/14/2020 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Rules
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CS/SB 914, Committee Substitute 1 (Current Bill Version) Posted 1/22/2020 at 2:09 PM
Bill Text: Web Page | PDF Analyses: Judiciary (Pre-Meeting) 2/3/2020 (pdf)
Judiciary (Post-Meeting) 2/4/2020 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 7071 Contingency Risk Multipliers Judiciary Committee Identical Last Action: 3/14/2020 S Died in Banking and Insurance Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 292098 - Amendment
Delete lines 17 - 21 and insert:Judiciary
(Rodriguez)2/4/2020
10:25 AMWithdrawn
2/4/2020Web Page
PDFCommittee Votes (1)
Date Committee Result 2/4/2020 12:30 PM Judiciary 4 Yeas - 2 Nays Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 627.428 Attorney fees. Page 1 (pdf) -
SB 914, Original Filed Version Posted 11/14/2019 at 9:08 AM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Pre-Meeting) 1/17/2020 (pdf)
Banking and Insurance (Post-Meeting) 1/22/2020 (pdf)
Committee Amendments (2)
Amendment Sponsor Filed Last Committee Action Format 806840 - Amendment
Delete lines 17 - 44 and insert:Banking and Insurance
(Brandes)1/21/2020
11:13 AMReplaced by Committee Substitute
1/21/2020Web Page
PDF232410 - Title Amendment
In title, delete line 2 and insert:Banking and Insurance
(Brandes)1/21/2020
11:14 AMReplaced by Committee Substitute
1/21/2020Web Page
PDFCommittee Votes (1)
Date Committee Result 1/21/2020 12:00 PM Banking and Insurance 5 Yeas - 3 Nays Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 627.428 Attorney fees. Page 1 (pdf) 627.736 Required personal injury protection benefits; exclusions; priority; claims. Page 1 (pdf)