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CS/CS/HB 721: Paid Family Leave Insurance

GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Chaney ; (CO-INTRODUCERS) Benjamin ; Hunschofsky ; Leek ; McFarland ; Nixon ; Woodson

Paid Family Leave Insurance; Authorizes life insurers to transact paid family leave insurance; provides circumstances under which paid family leave insurance may be issued & purchased under paid family leave insurance policy; provides circumstances under which family leave insurance benefits may be provided; requires that paid family leave insurance policies specify details & requirements relating to covered circumstances; specifies requirements for policies relating to benefit periods, waiting periods, benefit amounts, certain offsets, & payment of benefits; provides that eligibility for family leave insurance benefits may be limited, excluded, or reduced, but any such limitation, exclusion, or reduction must be specified in policy; provides circumstances under which limitations, exclusions, & reductions are permissible; provides applicable provisions for calculating rates; provides that paid family leave insurance forms & riders are subject to review by OIR; specifies means by which policy must offer family leave insurance benefits.

Effective Date: 5/25/2023
Last Action: 5/26/2023 - Chapter No. 2023-149
Bill Text: PDF
Senate Committee References:
  1. Fiscal Policy (FP)



Bill History

Date Chamber Action
2/10/2023 House • Filed
2/21/2023 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)
3/10/2023 House • Added to Insurance & Banking Subcommittee agenda
3/14/2023 House • Favorable with CS by Insurance & Banking Subcommittee
3/15/2023 House • Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
3/16/2023 House • Referred to Appropriations Committee
• Referred to Commerce Committee
• Now in Appropriations Committee
• 1st Reading (Committee Substitute 1)
3/24/2023 House • Added to Appropriations Committee agenda
3/28/2023 House • Favorable by Appropriations Committee
• Reported out of Appropriations Committee
• Now in Commerce Committee
4/6/2023 House • Added to Commerce Committee agenda
4/11/2023 House • Favorable with CS by Commerce Committee (Amended)
4/13/2023 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 (4/20/2023)
• 1st Reading (Committee Substitute 2)
4/20/2023 House • Read 2nd time
• Added to Third Reading Calendar
• Read 3rd time
• CS passed; YEAS 115, NAYS 0
4/20/2023 Senate • In Messages
4/21/2023 Senate • Referred to Fiscal Policy
4/25/2023 Senate • Received
5/1/2023 Senate • Withdrawn from Fiscal Policy -SJ 645
• Placed on Calendar, on 2nd reading
• Substituted for CS/SB 670 -SJ 645
• Read 2nd time -SJ 645
• Read 3rd time -SJ 645
• CS passed; YEAS 39 NAYS 0 -SJ 645
5/1/2023 House • In Messages
• Ordered enrolled
5/16/2023 • Signed by Officers and presented to Governor
5/25/2023 • Approved by Governor
5/26/2023 • Chapter No. 2023-149