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CS/CS/HB 487: Department of Financial Services

GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Salzman

Department of Financial Services; Revises eligibility for plans of deferred compensation established by CFO; authorizes judge of compensation claims to order injured employee's evaluation by expert medical advisor; revises conditions for nonprofit religious organization to be exempt from requirements of insurance code; adds limited license for transacting preneed funeral agreement insurance; revises licensure requirements for reinsurance intermediary brokers & reinsurance intermediary managers; authorizes certain persons to obtain limited license to sell only policies of life insurance covering expense of prearrangement for funeral services or merchandise; revises requirements, conditions, & procedures for bail bond agency license.

Effective Date: 5/25/2023
Last Action: 5/26/2023 - Chapter No. 2023-144
Bill Text: PDF
Senate Committee References:
  1. Fiscal Policy (FP)

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  • Bill History

    Date Chamber Action
    1/24/2023 House • Filed
    2/1/2023 House • Referred to Insurance & Banking Subcommittee
    • Referred to Appropriations Committee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
    3/7/2023 House • 1st Reading (Original Filed Version)
    3/17/2023 House • Added to Insurance & Banking Subcommittee agenda
    3/21/2023 House • Favorable with CS by Insurance & Banking Subcommittee
    3/30/2023 House • Reported out of Insurance & Banking Subcommittee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
    • 1st Reading (Committee Substitute 1)
    3/31/2023 House • Referred to Appropriations Committee
    • Referred to Commerce Committee
    • Now in Appropriations Committee
    4/10/2023 House • Added to Appropriations Committee agenda
    4/12/2023 House • Favorable by Appropriations Committee
    • Reported out of Appropriations Committee
    • Now in Commerce Committee
    4/13/2023 House • PCS added to Commerce Committee agenda
    4/18/2023 House • Favorable with CS by Commerce Committee
    4/20/2023 House • Reported out of Commerce Committee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
    • Bill referred to House Calendar
    • Bill added to Special Order Calendar (4/25/2023)
    • 1st Reading (Committee Substitute 2)
    4/25/2023 House • Read 2nd time
    • Amendment 186023 adopted
    • Amendment 355413 adopted
    • Amendment 880299 adopted
    • Placed on 3rd reading
    • Added to Third Reading Calendar
    4/26/2023 House • Read 3rd time
    • CS passed as amended; YEAS 75, NAYS 40
    4/26/2023 Senate • In Messages
    • Referred to Fiscal Policy
    • Received
    4/28/2023 Senate • Withdrawn from Fiscal Policy -SJ 620
    • Placed on Calendar, on 2nd reading
    • Substituted for CS/CS/CS/SB 1158 -SJ 621
    • Read 2nd time -SJ 620
    • Amendment(s) adopted (118852, 861932) -SJ 621
    • Read 3rd time -SJ 622
    • CS passed as amended; YEAS 37 NAYS 0 -SJ 622
    4/28/2023 House • In Messages
    5/3/2023 House • Added to Senate Message List
    • Amendment 861932 Concur
    • Amendment 118852 Concur
    • CS passed as amended; YEAS 112, NAYS 0
    • Ordered engrossed, then enrolled
    5/16/2023 • Signed by Officers and presented to Governor
    5/25/2023 • Approved by Governor
    5/26/2023 • Chapter No. 2023-144

    Top of SectionTop of Page

  • CS/CS/HB 487, Enrolled (Current Bill Version) Posted 5/4/2023 at 2:25 PM

    Bill Text:   PDF
    Analyses:   Insurance & Banking Subcommittee (Post-Meeting) 6/9/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1158 (c3) Department of Financial Services DiCeglie Similar Last Action: 4/28/2023 S Laid on Table, companion bill(s) passed, see CS/CS/HB 487 (Ch. 2023-144) -SJ 621

    Citations - Statutes (75)

    Citation Catchline Location in Bill Location In Bill Help
    20.121 Department of Financial Services. Page 13 (pdf)
    112.215 Government employees; deferred compensation program. Page 15 (pdf)
    215.55952 Annual report on economic impact of a 1-in-100-year hurricane. Page 18 (pdf)
    274.01 Definitions. Page 19 (pdf)
    440.13 Medical services and supplies; penalty for violations; limitations. Page 20 (pdf)
    440.385 Florida Self-Insurers Guaranty Association, Incorporated. Page 28 (pdf)
    497.005 Definitions. Page 30 (pdf)
    624.1265 Nonprofit religious organization exemption; authority; notice. Page 31 (pdf)
    624.501 Filing, license, appointment, and miscellaneous fees. Page 33 (pdf)
    626.015 Definitions. Page 33 (pdf)
    626.171 Application for license as an agent, customer representative, adjuster, service representative, or reinsurance intermediary. Page 34 (pdf)
    626.173 Insurance agency closure; cancellation of licenses. Page 34 (pdf)
    626.207 Disqualification of applicants and licensees; penalties against licensees; rulemaking authority. Page 35 (pdf)
    626.221 Examination requirement; exemptions. Page 36 (pdf)
    626.2815 Continuing education requirements. Page 37 (pdf)
    626.321 Limited licenses and registration. Page 38 (pdf)
    626.611 Grounds for compulsory refusal, suspension, or revocation of agent’s, title agency’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 41 (pdf)
    626.621 Grounds for discretionary refusal, suspension, or revocation of agent’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 42 (pdf)
    626.7315 Prohibition against the unlicensed transaction of general lines insurance. Page 43 (pdf)
    626.7492 Reinsurance intermediaries. Page 45 (pdf)
    626.752 Exchange of business. Page 49 (pdf)
    626.785 Qualifications for license. Page 50 (pdf)
    626.793 Excess or rejected business. Page 51 (pdf)
    626.837 Excess or rejected business. Page 51 (pdf)
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies. Page 52 (pdf)
    626.8437 Grounds for denial, suspension, revocation, or refusal to renew license or appointment. Page 53 (pdf)
    626.844 Grounds for discretionary refusal, suspension, or revocation of license or appointment. Page 53 (pdf)
    626.8473 Escrow; trust fund. Page 54 (pdf)
    626.854 “Public adjuster” defined; prohibitions. Page 57 (pdf)
    626.874 Catastrophe or emergency adjusters. Page 58 (pdf)
    626.9892 Anti-Fraud Reward Program; reporting of insurance fraud. Page 59 (pdf)
    626.9957 Conduct prohibited; denial, revocation, or suspension of registration. Page 60 (pdf)
    627.351 Insurance risk apportionment plans. Page 60 (pdf)
    627.4215 Disclosures to policyholders; coverage of behavioral health care services. Page 63 (pdf)
    627.7015 Alternative procedure for resolution of disputed property insurance claims. Page 64 (pdf)
    627.7074 Alternative procedure for resolution of disputed sinkhole insurance claims. Page 66 (pdf)
    627.745 Mediation of claims. Page 66 (pdf)
    631.141 Conduct of delinquency proceeding; domestic and alien insurers. Page 71 (pdf)
    631.152 Conduct of delinquency proceeding; foreign insurers. Page 132 (pdf)
    631.252 Continuation of coverage. Page 72 (pdf)
    631.398 Prevention of insolvencies. Page 132 (pdf)
    631.56 Board of directors. Page 73 (pdf)
    631.716 Board of directors. Page 75 (pdf)
    631.816 Board of directors. Page 77 (pdf)
    631.912 Board of directors. Page 80 (pdf)
    633.1423 Page 82 (pdf)
    634.181 Grounds for compulsory refusal, suspension, or revocation of license or appointment of salespersons. Page 85 (pdf)
    634.191 Grounds for discretionary refusal, suspension, or revocation of license or appointment of salespersons. Page 88 (pdf)
    634.320 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 90 (pdf)
    634.321 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 93 (pdf)
    634.419 License and appointment required. Page 95 (pdf)
    634.422 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 95 (pdf)
    634.423 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 98 (pdf)
    648.25 Definitions. Page 100 (pdf)
    648.26 Department of Financial Services; administration. Page 102 (pdf)
    648.27 Licenses and appointments; general. Page 103 (pdf)
    648.285 Bond agency; ownership requirements. Page 104 (pdf)
    648.30 Licensure and appointment required; prohibited acts; penalties. Page 107 (pdf)
    648.31 Appointment taxes and fees. Page 107 (pdf)
    648.34 Bail bond agents; qualifications. Page 108 (pdf)
    648.355 Temporary limited license as limited surety agent or professional bail bond agent; pending examination. Page 110 (pdf)
    648.382 Appointment of bail bond agents and temporary bail bond agents; effective date of appointment. Page 114 (pdf)
    648.386 Qualifications for prelicensing and continuing education schools and instructors. Page 118 (pdf)
    648.387 Primary bail bond agents; duties. Page 119 (pdf)
    648.3875 Page 121 (pdf)
    648.39 Termination of appointment of managing general agents, bail bond agents, and temporary bail bond agents. Page 122 (pdf)
    648.41 Termination of appointment of temporary bail bond agents. Page 123 (pdf)
    648.42 Registration of bail bond agents. Page 123 (pdf)
    648.44 Prohibitions; penalty. Page 123 (pdf)
    648.441 Furnishing supplies to unlicensed bail bond agent prohibited; civil liability and penalty. Page 128 (pdf)
    648.46 Procedure for disciplinary action against licensees. Page 128 (pdf)
    648.50 Effect of suspension, revocation upon associated licenses and licensees. Page 129 (pdf)
    717.135 Recovery agreements and purchase agreements for claims filed by a claimant’s representative; fees and costs. Page 130 (pdf)
    843.021 Unlawful possession of a concealed handcuff key. Page 131 (pdf)
    903.09 Justification of sureties. Page 133 (pdf)

    Top of SectionTop of Page

  • CS/CS/HB 487, Engrossed 2 Posted 5/4/2023 at 1:40 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1158 (c3) Department of Financial Services DiCeglie Similar Last Action: 4/28/2023 S Laid on Table, companion bill(s) passed, see CS/CS/HB 487 (Ch. 2023-144) -SJ 621
    H 987 Public Deposits Botana Compare Last Action: 5/5/2023 H Died on Second Reading Calendar
    S 1360 Public Deposits Ingoglia Compare Last Action: 5/5/2023 S Died in Banking and Insurance

    Citations - Statutes (78)

    Citation Catchline Location in Bill Location In Bill Help
    7.020
    7.730
    7.740
    20.121 Department of Financial Services. Page 13 (pdf)
    112.215 Government employees; deferred compensation program. Page 15 (pdf)
    215.55952 Annual report on economic impact of a 1-in-100-year hurricane. Page 18 (pdf)
    274.01 Definitions. Page 19 (pdf)
    440.13 Medical services and supplies; penalty for violations; limitations. Page 20 (pdf)
    440.385 Florida Self-Insurers Guaranty Association, Incorporated. Page 28 (pdf)
    497.005 Definitions. Page 30 (pdf)
    624.1265 Nonprofit religious organization exemption; authority; notice. Page 31 (pdf)
    624.501 Filing, license, appointment, and miscellaneous fees. Page 33 (pdf)
    626.015 Definitions. Page 33 (pdf)
    626.171 Application for license as an agent, customer representative, adjuster, service representative, or reinsurance intermediary. Page 34 (pdf)
    626.173 Insurance agency closure; cancellation of licenses. Page 34 (pdf)
    626.207 Disqualification of applicants and licensees; penalties against licensees; rulemaking authority. Page 35 (pdf)
    626.221 Examination requirement; exemptions. Page 36 (pdf)
    626.2815 Continuing education requirements. Page 37 (pdf)
    626.321 Limited licenses and registration. Page 38 (pdf)
    626.611 Grounds for compulsory refusal, suspension, or revocation of agent’s, title agency’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 41 (pdf)
    626.621 Grounds for discretionary refusal, suspension, or revocation of agent’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 42 (pdf)
    626.7315 Prohibition against the unlicensed transaction of general lines insurance.
    626.7492 Reinsurance intermediaries. Page 43 (pdf)
    626.752 Exchange of business. Page 47 (pdf)
    626.785 Qualifications for license. Page 47 (pdf)
    626.793 Excess or rejected business. Page 48 (pdf)
    626.837 Excess or rejected business. Page 49 (pdf)
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies. Page 50 (pdf)
    626.8437 Grounds for denial, suspension, revocation, or refusal to renew license or appointment. Page 50 (pdf)
    626.844 Grounds for discretionary refusal, suspension, or revocation of license or appointment. Page 51 (pdf)
    626.8473 Escrow; trust fund. Page 52 (pdf)
    626.854 “Public adjuster” defined; prohibitions. Page 55 (pdf)
    626.874 Catastrophe or emergency adjusters. Page 56 (pdf)
    626.9892 Anti-Fraud Reward Program; reporting of insurance fraud. Page 57 (pdf)
    626.9957 Conduct prohibited; denial, revocation, or suspension of registration. Page 57 (pdf)
    627.351 Insurance risk apportionment plans. Page 58 (pdf)
    627.4215 Disclosures to policyholders; coverage of behavioral health care services. Page 61 (pdf)
    627.7015 Alternative procedure for resolution of disputed property insurance claims. Page 62 (pdf)
    627.7074 Alternative procedure for resolution of disputed sinkhole insurance claims. Page 63 (pdf)
    627.745 Mediation of claims. Page 64 (pdf)
    631.141 Conduct of delinquency proceeding; domestic and alien insurers. Page 69 (pdf)
    631.152 Conduct of delinquency proceeding; foreign insurers. Page 129 (pdf)
    631.252 Continuation of coverage. Page 70 (pdf)
    631.398 Prevention of insolvencies. Page 130 (pdf)
    631.56 Board of directors. Page 71 (pdf)
    631.716 Board of directors. Page 73 (pdf)
    631.816 Board of directors. Page 75 (pdf)
    631.912 Board of directors. Page 77 (pdf)
    633.1423 Page 80 (pdf)
    634.181 Grounds for compulsory refusal, suspension, or revocation of license or appointment of salespersons. Page 83 (pdf)
    634.191 Grounds for discretionary refusal, suspension, or revocation of license or appointment of salespersons. Page 86 (pdf)
    634.320 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 88 (pdf)
    634.321 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 91 (pdf)
    634.419 License and appointment required. Page 92 (pdf)
    634.422 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 93 (pdf)
    634.423 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 96 (pdf)
    648.25 Definitions. Page 98 (pdf)
    648.26 Department of Financial Services; administration. Page 100 (pdf)
    648.27 Licenses and appointments; general. Page 101 (pdf)
    648.285 Bond agency; ownership requirements. Page 101 (pdf)
    648.30 Licensure and appointment required; prohibited acts; penalties. Page 105 (pdf)
    648.31 Appointment taxes and fees. Page 105 (pdf)
    648.34 Bail bond agents; qualifications. Page 106 (pdf)
    648.355 Temporary limited license as limited surety agent or professional bail bond agent; pending examination. Page 107 (pdf)
    648.382 Appointment of bail bond agents and temporary bail bond agents; effective date of appointment. Page 112 (pdf)
    648.386 Qualifications for prelicensing and continuing education schools and instructors. Page 116 (pdf)
    648.387 Primary bail bond agents; duties. Page 117 (pdf)
    648.3875 Page 119 (pdf)
    648.39 Termination of appointment of managing general agents, bail bond agents, and temporary bail bond agents. Page 119 (pdf)
    648.41 Termination of appointment of temporary bail bond agents. Page 120 (pdf)
    648.42 Registration of bail bond agents. Page 120 (pdf)
    648.44 Prohibitions; penalty. Page 121 (pdf)
    648.441 Furnishing supplies to unlicensed bail bond agent prohibited; civil liability and penalty. Page 126 (pdf)
    648.46 Procedure for disciplinary action against licensees. Page 126 (pdf)
    648.50 Effect of suspension, revocation upon associated licenses and licensees. Page 127 (pdf)
    717.135 Recovery agreements and purchase agreements for claims filed by a claimant’s representative; fees and costs. Page 128 (pdf)
    843.021 Unlawful possession of a concealed handcuff key. Page 129 (pdf)
    903.09 Justification of sureties. Page 131 (pdf)

    Top of SectionTop of Page

  • CS/CS/HB 487, Engrossed 1 Posted 4/25/2023 at 6:02 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1158 (c3) Department of Financial Services DiCeglie Similar Last Action: 4/28/2023 S Laid on Table, companion bill(s) passed, see CS/CS/HB 487 (Ch. 2023-144) -SJ 621
    H 987 Public Deposits Botana Compare Last Action: 5/5/2023 H Died on Second Reading Calendar
    S 1360 Public Deposits Ingoglia Compare Last Action: 5/5/2023 S Died in Banking and Insurance

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    861932 - Amendment
    Between lines 1058 and 1059 insert:
    DiCeglie 4/27/2023
    1:29 PM
    House: Concur
    5/3/2023
    Web Page
    PDF
    118852 - Amendment
    Delete lines 3309 - 3342.
    DiCeglie 4/27/2023
    1:30 PM
    House: Concur
    5/3/2023
    Web Page
    PDF

    Floor Votes (3)

    Date Chamber Result
    4/26/2023 10:29 AM House 75 Yeas - 40 Nays
    4/28/2023 3:20 PM Senate 37 Yeas - 0 Nays
    5/3/2023 6:08 PM House 112 Yeas - 0 Nays

    Citations - Statutes (75)

    Citation Catchline Location in Bill Location In Bill Help
    20.121 Department of Financial Services. Page 13 (pdf)
    112.215 Government employees; deferred compensation program. Page 15 (pdf)
    215.55952 Annual report on economic impact of a 1-in-100-year hurricane. Page 18 (pdf)
    274.01 Definitions. Page 19 (pdf)
    280.12 Page 133 (pdf)
    440.13 Medical services and supplies; penalty for violations; limitations. Page 20 (pdf)
    440.385 Florida Self-Insurers Guaranty Association, Incorporated. Page 28 (pdf)
    497.005 Definitions. Page 30 (pdf)
    624.1265 Nonprofit religious organization exemption; authority; notice. Page 31 (pdf)
    624.501 Filing, license, appointment, and miscellaneous fees. Page 33 (pdf)
    626.015 Definitions. Page 33 (pdf)
    626.171 Application for license as an agent, customer representative, adjuster, service representative, or reinsurance intermediary. Page 34 (pdf)
    626.173 Insurance agency closure; cancellation of licenses. Page 34 (pdf)
    626.207 Disqualification of applicants and licensees; penalties against licensees; rulemaking authority. Page 35 (pdf)
    626.221 Examination requirement; exemptions. Page 36 (pdf)
    626.2815 Continuing education requirements. Page 37 (pdf)
    626.321 Limited licenses and registration. Page 38 (pdf)
    626.611 Grounds for compulsory refusal, suspension, or revocation of agent’s, title agency’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 41 (pdf)
    626.621 Grounds for discretionary refusal, suspension, or revocation of agent’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 42 (pdf)
    626.7492 Reinsurance intermediaries. Page 43 (pdf)
    626.752 Exchange of business. Page 47 (pdf)
    626.785 Qualifications for license. Page 47 (pdf)
    626.793 Excess or rejected business. Page 48 (pdf)
    626.837 Excess or rejected business. Page 49 (pdf)
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies. Page 50 (pdf)
    626.8437 Grounds for denial, suspension, revocation, or refusal to renew license or appointment. Page 50 (pdf)
    626.844 Grounds for discretionary refusal, suspension, or revocation of license or appointment. Page 51 (pdf)
    626.8473 Escrow; trust fund. Page 52 (pdf)
    626.854 “Public adjuster” defined; prohibitions. Page 55 (pdf)
    626.874 Catastrophe or emergency adjusters. Page 56 (pdf)
    626.9892 Anti-Fraud Reward Program; reporting of insurance fraud. Page 57 (pdf)
    626.9957 Conduct prohibited; denial, revocation, or suspension of registration. Page 57 (pdf)
    627.351 Insurance risk apportionment plans. Page 58 (pdf)
    627.4215 Disclosures to policyholders; coverage of behavioral health care services. Page 61 (pdf)
    627.7015 Alternative procedure for resolution of disputed property insurance claims. Page 62 (pdf)
    627.7074 Alternative procedure for resolution of disputed sinkhole insurance claims. Page 63 (pdf)
    627.745 Mediation of claims. Page 64 (pdf)
    631.141 Conduct of delinquency proceeding; domestic and alien insurers. Page 69 (pdf)
    631.152 Conduct of delinquency proceeding; foreign insurers. Page 129 (pdf)
    631.252 Continuation of coverage. Page 70 (pdf)
    631.398 Prevention of insolvencies. Page 130 (pdf)
    631.56 Board of directors. Page 71 (pdf)
    631.716 Board of directors. Page 73 (pdf)
    631.816 Board of directors. Page 75 (pdf)
    631.912 Board of directors. Page 77 (pdf)
    633.1423 Page 80 (pdf)
    634.181 Grounds for compulsory refusal, suspension, or revocation of license or appointment of salespersons. Page 83 (pdf)
    634.191 Grounds for discretionary refusal, suspension, or revocation of license or appointment of salespersons. Page 86 (pdf)
    634.320 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 88 (pdf)
    634.321 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 91 (pdf)
    634.419 License and appointment required. Page 92 (pdf)
    634.422 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 93 (pdf)
    634.423 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 96 (pdf)
    648.25 Definitions. Page 98 (pdf)
    648.26 Department of Financial Services; administration. Page 100 (pdf)
    648.27 Licenses and appointments; general. Page 101 (pdf)
    648.285 Bond agency; ownership requirements. Page 101 (pdf)
    648.30 Licensure and appointment required; prohibited acts; penalties. Page 105 (pdf)
    648.31 Appointment taxes and fees. Page 105 (pdf)
    648.34 Bail bond agents; qualifications. Page 106 (pdf)
    648.355 Temporary limited license as limited surety agent or professional bail bond agent; pending examination. Page 107 (pdf)
    648.382 Appointment of bail bond agents and temporary bail bond agents; effective date of appointment. Page 112 (pdf)
    648.386 Qualifications for prelicensing and continuing education schools and instructors. Page 116 (pdf)
    648.387 Primary bail bond agents; duties. Page 117 (pdf)
    648.3875 Page 119 (pdf)
    648.39 Termination of appointment of managing general agents, bail bond agents, and temporary bail bond agents. Page 119 (pdf)
    648.41 Termination of appointment of temporary bail bond agents. Page 120 (pdf)
    648.42 Registration of bail bond agents. Page 120 (pdf)
    648.44 Prohibitions; penalty. Page 121 (pdf)
    648.441 Furnishing supplies to unlicensed bail bond agent prohibited; civil liability and penalty. Page 126 (pdf)
    648.46 Procedure for disciplinary action against licensees. Page 126 (pdf)
    648.50 Effect of suspension, revocation upon associated licenses and licensees. Page 127 (pdf)
    717.135 Recovery agreements and purchase agreements for claims filed by a claimant’s representative; fees and costs. Page 128 (pdf)
    843.021 Unlawful possession of a concealed handcuff key. Page 129 (pdf)
    903.09 Justification of sureties. Page 131 (pdf)

    Top of SectionTop of Page

  • CS/CS/HB 487, Committee Substitute 2 Posted 4/20/2023 at 4:36 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1158 (c3) Department of Financial Services DiCeglie Similar Last Action: 4/28/2023 S Laid on Table, companion bill(s) passed, see CS/CS/HB 487 (Ch. 2023-144) -SJ 621

    Floor Amendments (3)

    Amendment Sponsor Filed Last Floor Action Format
    186023 - Amendment
    Between lines 1493 and 1494, insert:
    Salzman 4/21/2023
    9:30 AM
    House: Adopted
    4/25/2023
    PDF
    355413 - Amendment
    Remove lines 3246-3252 and insert:
    Salzman 4/21/2023
    9:30 AM
    House: Adopted
    4/25/2023
    PDF
    880299 - Amendment
    Between lines 3266 and 3267, insert:
    Salzman 4/21/2023
    3:33 PM
    House: Adopted
    4/25/2023
    PDF

    Citations - Statutes (72)

    Citation Catchline Location in Bill Location In Bill Help
    20.121 Department of Financial Services. Page 12 (pdf)
    112.215 Government employees; deferred compensation program. Page 14 (pdf)
    215.55952 Annual report on economic impact of a 1-in-100-year hurricane. Page 18 (pdf)
    274.01 Definitions. Page 19 (pdf)
    440.13 Medical services and supplies; penalty for violations; limitations. Page 19 (pdf)
    440.385 Florida Self-Insurers Guaranty Association, Incorporated. Page 27 (pdf)
    497.005 Definitions. Page 30 (pdf)
    624.1265 Nonprofit religious organization exemption; authority; notice. Page 31 (pdf)
    624.501 Filing, license, appointment, and miscellaneous fees. Page 32 (pdf)
    626.015 Definitions. Page 33 (pdf)
    626.171 Application for license as an agent, customer representative, adjuster, service representative, or reinsurance intermediary. Page 33 (pdf)
    626.173 Insurance agency closure; cancellation of licenses. Page 34 (pdf)
    626.207 Disqualification of applicants and licensees; penalties against licensees; rulemaking authority. Page 35 (pdf)
    626.221 Examination requirement; exemptions. Page 36 (pdf)
    626.2815 Continuing education requirements. Page 37 (pdf)
    626.321 Limited licenses and registration. Page 38 (pdf)
    626.611 Grounds for compulsory refusal, suspension, or revocation of agent’s, title agency’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 41 (pdf)
    626.621 Grounds for discretionary refusal, suspension, or revocation of agent’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 42 (pdf)
    626.7492 Reinsurance intermediaries. Page 42 (pdf)
    626.752 Exchange of business. Page 46 (pdf)
    626.785 Qualifications for license. Page 47 (pdf)
    626.793 Excess or rejected business. Page 48 (pdf)
    626.837 Excess or rejected business. Page 49 (pdf)
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies. Page 49 (pdf)
    626.8437 Grounds for denial, suspension, revocation, or refusal to renew license or appointment. Page 50 (pdf)
    626.844 Grounds for discretionary refusal, suspension, or revocation of license or appointment. Page 51 (pdf)
    626.8473 Escrow; trust fund. Page 52 (pdf)
    626.854 “Public adjuster” defined; prohibitions. Page 54 (pdf)
    626.874 Catastrophe or emergency adjusters. Page 55 (pdf)
    626.9892 Anti-Fraud Reward Program; reporting of insurance fraud. Page 56 (pdf)
    626.9957 Conduct prohibited; denial, revocation, or suspension of registration. Page 57 (pdf)
    627.351 Insurance risk apportionment plans. Page 57 (pdf)
    627.7015 Alternative procedure for resolution of disputed property insurance claims. Page 60 (pdf)
    627.7074 Alternative procedure for resolution of disputed sinkhole insurance claims. Page 62 (pdf)
    631.141 Conduct of delinquency proceeding; domestic and alien insurers. Page 68 (pdf)
    631.152 Conduct of delinquency proceeding; foreign insurers. Page 128 (pdf)
    631.252 Continuation of coverage. Page 68 (pdf)
    631.398 Prevention of insolvencies. Page 128 (pdf)
    631.56 Board of directors. Page 69 (pdf)
    631.716 Board of directors. Page 72 (pdf)
    631.816 Board of directors. Page 74 (pdf)
    631.912 Board of directors. Page 76 (pdf)
    633.1423 Page 78 (pdf)
    634.181 Grounds for compulsory refusal, suspension, or revocation of license or appointment of salespersons. Page 81 (pdf)
    634.191 Grounds for discretionary refusal, suspension, or revocation of license or appointment of salespersons. Page 85 (pdf)
    634.320 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 86 (pdf)
    634.321 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 89 (pdf)
    634.419 License and appointment required. Page 91 (pdf)
    634.422 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 92 (pdf)
    634.423 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 95 (pdf)
    648.25 Definitions. Page 96 (pdf)
    648.26 Department of Financial Services; administration. Page 99 (pdf)
    648.27 Licenses and appointments; general. Page 100 (pdf)
    648.285 Bond agency; ownership requirements. Page 100 (pdf)
    648.30 Licensure and appointment required; prohibited acts; penalties. Page 103 (pdf)
    648.31 Appointment taxes and fees. Page 104 (pdf)
    648.34 Bail bond agents; qualifications. Page 104 (pdf)
    648.355 Temporary limited license as limited surety agent or professional bail bond agent; pending examination. Page 106 (pdf)
    648.382 Appointment of bail bond agents and temporary bail bond agents; effective date of appointment. Page 111 (pdf)
    648.386 Qualifications for prelicensing and continuing education schools and instructors. Page 115 (pdf)
    648.387 Primary bail bond agents; duties. Page 115 (pdf)
    648.3875 Page 117 (pdf)
    648.39 Termination of appointment of managing general agents, bail bond agents, and temporary bail bond agents. Page 118 (pdf)
    648.41 Termination of appointment of temporary bail bond agents. Page 119 (pdf)
    648.42 Registration of bail bond agents. Page 119 (pdf)
    648.44 Prohibitions; penalty. Page 120 (pdf)
    648.441 Furnishing supplies to unlicensed bail bond agent prohibited; civil liability and penalty. Page 124 (pdf)
    648.46 Procedure for disciplinary action against licensees. Page 125 (pdf)
    648.50 Effect of suspension, revocation upon associated licenses and licensees. Page 126 (pdf)
    717.135 Recovery agreements and purchase agreements for claims filed by a claimant’s representative; fees and costs. Page 127 (pdf)
    843.021 Unlawful possession of a concealed handcuff key. Page 128 (pdf)
    903.09 Justification of sureties. Page 130 (pdf)

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  • CS/HB 487, Committee Substitute 1 Posted 3/30/2023 at 9:03 AM

    Bill Text:   PDF
    Analyses:   Appropriations Committee (Post-Meeting) 4/12/2023 (pdf)
    Commerce Committee (Post-Meeting) 4/20/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1158 (c2) Department of Financial Services DiCeglie Similar Last Action: 4/28/2023 S Laid on Table, companion bill(s) passed, see CS/CS/HB 487 (Ch. 2023-144) -SJ 621

    Citations - Statutes (72)

    Citation Catchline Location in Bill Location In Bill Help
    7.020
    20.121 Department of Financial Services. Page 15 (pdf)
    112.215 Government employees; deferred compensation program. Page 17 (pdf)
    274.01 Definitions. Page 20 (pdf)
    440.13 Medical services and supplies; penalty for violations; limitations. Page 21 (pdf)
    440.38 Security for compensation; insurance carriers and self-insurers. Page 29 (pdf)
    440.385 Florida Self-Insurers Guaranty Association, Incorporated. Page 29 (pdf)
    624.501 Filing, license, appointment, and miscellaneous fees. Page 31 (pdf)
    626.015 Definitions. Page 32 (pdf)
    626.171 Application for license as an agent, customer representative, adjuster, service representative, or reinsurance intermediary. Page 32 (pdf)
    626.173 Insurance agency closure; cancellation of licenses. Page 33 (pdf)
    626.207 Disqualification of applicants and licensees; penalties against licensees; rulemaking authority. Page 34 (pdf)
    626.221 Examination requirement; exemptions. Page 35 (pdf)
    626.2815 Continuing education requirements. Page 40 (pdf)
    626.321 Limited licenses and registration. Page 37 (pdf)
    626.611 Grounds for compulsory refusal, suspension, or revocation of agent’s, title agency’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 40 (pdf)
    626.621 Grounds for discretionary refusal, suspension, or revocation of agent’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 41 (pdf)
    626.7492 Reinsurance intermediaries. Page 42 (pdf)
    626.752 Exchange of business. Page 46 (pdf)
    626.785 Qualifications for license. Page 47 (pdf)
    626.793 Excess or rejected business. Page 47 (pdf)
    626.837 Excess or rejected business. Page 48 (pdf)
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies. Page 52 (pdf)
    626.8437 Grounds for denial, suspension, revocation, or refusal to renew license or appointment. Page 49 (pdf)
    626.844 Grounds for discretionary refusal, suspension, or revocation of license or appointment. Page 50 (pdf)
    626.8473 Escrow; trust fund. Page 51 (pdf)
    626.854 “Public adjuster” defined; prohibitions. Page 54 (pdf)
    626.874 Catastrophe or emergency adjusters. Page 55 (pdf)
    626.9892 Anti-Fraud Reward Program; reporting of insurance fraud. Page 56 (pdf)
    626.9957 Conduct prohibited; denial, revocation, or suspension of registration. Page 56 (pdf)
    627.351 Insurance risk apportionment plans. Page 57 (pdf)
    627.7015 Alternative procedure for resolution of disputed property insurance claims. Page 59 (pdf)
    627.7074 Alternative procedure for resolution of disputed sinkhole insurance claims. Page 61 (pdf)
    627.745 Mediation of claims. Page 61 (pdf)
    631.141 Conduct of delinquency proceeding; domestic and alien insurers. Page 66 (pdf)
    631.152 Conduct of delinquency proceeding; foreign insurers. Page 126 (pdf)
    631.252 Continuation of coverage. Page 67 (pdf)
    631.398 Prevention of insolvencies. Page 127 (pdf)
    631.56 Board of directors. Page 68 (pdf)
    631.716 Board of directors. Page 70 (pdf)
    631.816 Board of directors. Page 72 (pdf)
    631.912 Board of directors. Page 75 (pdf)
    633.1423 Page 77 (pdf)
    634.181 Grounds for compulsory refusal, suspension, or revocation of license or appointment of salespersons. Page 80 (pdf)
    634.191 Grounds for discretionary refusal, suspension, or revocation of license or appointment of salespersons. Page 83 (pdf)
    634.320 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 85 (pdf)
    634.321 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 88 (pdf)
    634.419 License and appointment required. Page 90 (pdf)
    634.422 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 90 (pdf)
    634.423 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 93 (pdf)
    648.25 Definitions. Page 95 (pdf)
    648.26 Department of Financial Services; administration. Page 97 (pdf)
    648.27 Licenses and appointments; general. Page 98 (pdf)
    648.285 Bond agency; ownership requirements. Page 99 (pdf)
    648.30 Licensure and appointment required; prohibited acts; penalties. Page 102 (pdf)
    648.31 Appointment taxes and fees. Page 102 (pdf)
    648.34 Bail bond agents; qualifications. Page 103 (pdf)
    648.355 Temporary limited license as limited surety agent or professional bail bond agent; pending examination. Page 105 (pdf)
    648.382 Appointment of bail bond agents and temporary bail bond agents; effective date of appointment. Page 109 (pdf)
    648.386 Qualifications for prelicensing and continuing education schools and instructors. Page 113 (pdf)
    648.387 Primary bail bond agents; duties. Page 114 (pdf)
    648.3875 Page 116 (pdf)
    648.39 Termination of appointment of managing general agents, bail bond agents, and temporary bail bond agents. Page 116 (pdf)
    648.41 Termination of appointment of temporary bail bond agents. Page 117 (pdf)
    648.42 Registration of bail bond agents. Page 117 (pdf)
    648.44 Prohibitions; penalty. Page 118 (pdf)
    648.441 Furnishing supplies to unlicensed bail bond agent prohibited; civil liability and penalty. Page 122 (pdf)
    648.46 Procedure for disciplinary action against licensees. Page 123 (pdf)
    648.50 Effect of suspension, revocation upon associated licenses and licensees. Page 124 (pdf)
    717.135 Recovery agreements and purchase agreements for claims filed by a claimant’s representative; fees and costs. Page 125 (pdf)
    843.021 Unlawful possession of a concealed handcuff key. Page 126 (pdf)
    903.09 Justification of sureties. Page 128 (pdf)

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  • HB 487, Original Filed Version Posted 1/24/2023 at 11:35 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1158 (c1) Department of Financial Services DiCeglie Compare Last Action: 4/28/2023 S Laid on Table, companion bill(s) passed, see CS/CS/HB 487 (Ch. 2023-144) -SJ 621

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    411811 - Strike All Amendment
    Remove everything after the enacting clause and insert:
    Salzman 3/20/2023
    9:15 PM
    Adopted without Objection
    3/21/2023
    PDF

    Citations - Statutes (79)

    Citation Catchline Location in Bill Location In Bill Help
    20.121 Department of Financial Services. Page 17 (pdf)
    28.2221 Electronic access to official records. Page 144 (pdf)
    39.6035 Transition plan. Page 19 (pdf)
    110.113 Pay periods for state officers and employees; salary payments by direct deposit. Page 20 (pdf)
    112.215 Government employees; deferred compensation program. Page 20 (pdf)
    119.071 General exemptions from inspection or copying of public records. Page 146 (pdf)
    215.422 Payments, warrants, and invoices; processing time limits; dispute resolution; agency or judicial branch compliance. Page 23 (pdf)
    274.01 Definitions. Page 24 (pdf)
    440.13 Medical services and supplies; penalty for violations; limitations. Page 25 (pdf)
    440.385 Florida Self-Insurers Guaranty Association, Incorporated. Page 32 (pdf)
    473.312 Continuing education. Page 35 (pdf)
    624.424 Annual statement and other information. Page 35 (pdf)
    624.501 Filing, license, appointment, and miscellaneous fees. Page 36 (pdf)
    626.015 Definitions. Page 37 (pdf)
    626.171 Application for license as an agent, customer representative, adjuster, service representative, or reinsurance intermediary. Page 37 (pdf)
    626.173 Insurance agency closure; cancellation of licenses. Page 38 (pdf)
    626.221 Examination requirement; exemptions. Page 39 (pdf)
    626.2815 Continuing education requirements. Page 40 (pdf)
    626.321 Limited licenses and registration. Page 41 (pdf)
    626.611 Grounds for compulsory refusal, suspension, or revocation of agent’s, title agency’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 44 (pdf)
    626.621 Grounds for discretionary refusal, suspension, or revocation of agent’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. Page 44 (pdf)
    626.7492 Reinsurance intermediaries. Page 45 (pdf)
    626.752 Exchange of business. Page 49 (pdf)
    626.793 Excess or rejected business. Page 50 (pdf)
    626.837 Excess or rejected business. Page 51 (pdf)
    626.841 Definitions. Page 51 (pdf)
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies. Page 52 (pdf)
    626.8437 Grounds for denial, suspension, revocation, or refusal to renew license or appointment. Page 52 (pdf)
    626.844 Grounds for discretionary refusal, suspension, or revocation of license or appointment. Page 53 (pdf)
    626.8473 Escrow; trust fund. Page 54 (pdf)
    626.854 “Public adjuster” defined; prohibitions. Page 57 (pdf)
    626.874 Catastrophe or emergency adjusters. Page 58 (pdf)
    626.9957 Conduct prohibited; denial, revocation, or suspension of registration. Page 59 (pdf)
    627.351 Insurance risk apportionment plans. Page 59 (pdf)
    627.4133 Notice of cancellation, nonrenewal, or renewal premium. Page 63 (pdf)
    627.4215 Disclosures to policyholders; coverage of behavioral health care services. Page 66 (pdf)
    627.426 Claims administration. Page 67 (pdf)
    627.7015 Alternative procedure for resolution of disputed property insurance claims. Page 67 (pdf)
    627.7155 Page 69 (pdf)
    627.745 Mediation of claims. Page 70 (pdf)
    631.141 Conduct of delinquency proceeding; domestic and alien insurers. Page 75 (pdf)
    631.152 Conduct of delinquency proceeding; foreign insurers. Page 160 (pdf)
    631.252 Continuation of coverage. Page 76 (pdf)
    631.398 Prevention of insolvencies. Page 161 (pdf)
    631.56 Board of directors. Page 77 (pdf)
    631.716 Board of directors. Page 80 (pdf)
    631.816 Board of directors. Page 84 (pdf)
    631.912 Board of directors. Page 87 (pdf)
    633.1423 Page 90 (pdf)
    634.171 Salesperson to be licensed and appointed. Page 93 (pdf)
    634.181 Grounds for compulsory refusal, suspension, or revocation of license or appointment of salespersons. Page 95 (pdf)
    634.191 Grounds for discretionary refusal, suspension, or revocation of license or appointment of salespersons. Page 98 (pdf)
    634.320 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 100 (pdf)
    634.321 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 103 (pdf)
    634.401 Definitions. Page 105 (pdf)
    634.406 Financial requirements. Page 105 (pdf)
    634.422 Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives. Page 107 (pdf)
    634.423 Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives. Page 110 (pdf)
    648.25 Definitions. Page 111 (pdf)
    648.26 Department of Financial Services; administration. Page 114 (pdf)
    648.27 Licenses and appointments; general. Page 115 (pdf)
    648.285 Bond agency; ownership requirements. Page 115 (pdf)
    648.30 Licensure and appointment required; prohibited acts; penalties. Page 118 (pdf)
    648.31 Appointment taxes and fees. Page 119 (pdf)
    648.34 Bail bond agents; qualifications. Page 119 (pdf)
    648.355 Temporary limited license as limited surety agent or professional bail bond agent; pending examination. Page 121 (pdf)
    648.382 Appointment of bail bond agents and temporary bail bond agents; effective date of appointment. Page 126 (pdf)
    648.386 Qualifications for prelicensing and continuing education schools and instructors. Page 129 (pdf)
    648.3875 Page 130 (pdf)
    648.39 Termination of appointment of managing general agents, bail bond agents, and temporary bail bond agents. Page 130 (pdf)
    648.41 Termination of appointment of temporary bail bond agents. Page 131 (pdf)
    648.42 Registration of bail bond agents. Page 132 (pdf)
    648.44 Prohibitions; penalty. Page 132 (pdf)
    648.441 Furnishing supplies to unlicensed bail bond agent prohibited; civil liability and penalty. Page 137 (pdf)
    648.50 Effect of suspension, revocation upon associated licenses and licensees. Page 137 (pdf)
    651.123 Alternative dispute resolution. Page 138 (pdf)
    843.021 Unlawful possession of a concealed handcuff key. Page 138 (pdf)
    903.09 Justification of sureties. Page 162 (pdf)
    903.28 Remission of forfeiture; conditions. Page 139 (pdf)

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