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CS/CS/CS/HB 799: Property Insurance

GENERAL BILL by Commerce Committee ; State Administration & Technology Appropriations Subcommittee ; Insurance & Banking Subcommittee ; Griffitts ; (CO-INTRODUCERS) Barnaby ; Canady ; Chaney ; Leek ; Roth

Property Insurance; Requires residential property insurance rate filings to account for windstorm mitigation measures undertaken by policyholders; requires wind uplift prevention to be included in windstorm damage mitigation techniques for residential property insurance rate filings; revises rate change limitations for specified policies written by Citizens Property Insurance Corporation; revises applicability of flood coverage requirements for personal lines residential policyholders of corporation; authorizes corporation to adopt policy forms that provide for resolution of certain disputes in proceedings before Division of Administrative Hearings; provides that such policies are not subject to mandatory binding arbitration provisions; prohibiting a property insurer that requires flood coverage as a condition for wind coverage from denying certain claims except under certain circumstances; requires wind-loss mitigation study conducted by OIR. APPROPRIATION: $750,000

Effective Date: 7/1/2023
Last Action: 6/1/2023 - Chapter No. 2023-175; companion bill(s) passed, see CS/CS/SB 154 (Ch. 2023-203), SB 2502 (Ch. 2023-240)
Bill Text: PDF
Senate Committee References:
  1. Fiscal Policy (FP)



Bill History

Date Chamber Action
2/14/2023 House • Filed
2/21/2023 House • Referred to Insurance & Banking Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
3/7/2023 House • PCS added to Insurance & Banking Subcommittee agenda
• 1st Reading (Original Filed Version)
3/9/2023 House • Favorable with CS by Insurance & Banking Subcommittee
• Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in State Administration & Technology Appropriations Subcommittee
• 1st Reading (Committee Substitute 1)
3/27/2023 House • Added to State Administration & Technology Appropriations Subcommittee agenda
3/29/2023 House • Favorable with CS by State Administration & Technology Appropriations Subcommittee
3/30/2023 House • Reported out of State Administration & Technology Appropriations Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 2)
3/31/2023 House • Referred to Commerce 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 3)
4/25/2023 House • Read 2nd time
• Placed on 3rd reading
• Added to Third Reading Calendar
4/26/2023 House • Read 3rd time
• CS passed; YEAS 115, NAYS 0
4/26/2023 Senate • In Messages
• Referred to Fiscal Policy
• Received
5/1/2023 Senate • Withdrawn from Fiscal Policy -SJ 664
• Placed on Calendar, on 2nd reading
• Substituted for CS/CS/SB 594 -SJ 664
• Read 2nd time -SJ 664
• Amendment(s) adopted (140692, 593712) -SJ 664
• Read 3rd time -SJ 665
• CS passed as amended; YEAS 32 NAYS 7 -SJ 665
5/1/2023 House • In Messages
5/3/2023 House • Added to Senate Message List
• Amendment 140692 Concur
• Amendment 593712 Concur
• CS passed as amended; YEAS 87, NAYS 28
• Ordered engrossed, then enrolled
5/16/2023 • Signed by Officers and presented to Governor
5/31/2023 • Approved by Governor
6/1/2023 • Chapter No. 2023-175; companion bill(s) passed, see CS/CS/SB 154 (Ch. 2023-203), SB 2502 (Ch. 2023-240)