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Glossary of Legislative Terms

SB 102: Property Insurance

GENERAL BILL by Jones

Property Insurance; Creating the Property Insurance Commission; providing for the election of the Commissioner of Insurance Regulation; prohibiting the commissioner from engaging in certain activities or employment for a specified period after leaving office; prohibiting property insurers from claiming insolvency under specified circumstances; requiring residential property insurers to release specified information to insureds upon request, etc. APPROPRIATION: $300,000,000

Effective Date: 7/1/2024
 Last Action: 3/8/2024 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Ethics and Elections (EE)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    10/4/2023 Senate • Filed
    10/17/2023 Senate • Referred to Banking and Insurance; Ethics and Elections; Appropriations
    1/9/2024 Senate • Introduced
    3/8/2024 Senate • Died in Banking and Insurance

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  • SB 102, Original Filed Version (Current Bill Version) Posted 10/4/2023 at 4:18 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1017 Insurance Edmonds Identical Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee Track This Bill
    H 1489 Insurance Driskell, Keen Compare Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee Track This Bill
    S 1556 Insurance Davis Compare Last Action: 3/8/2024 S Died in Banking and Insurance Track This Bill

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    11.91 Page 2 (pdf)
    20.121 Department of Financial Services. Page 4 (pdf)
    112.3134 Page 7 (pdf)
    494.0026 Disposition of insurance proceeds. Page 7 (pdf)
    624.401 Certificate of authority required. Page 8 (pdf)
    627.0629 Residential property insurance; rate filings. Page 10 (pdf)
    627.701 Liability of insureds; coinsurance; deductibles. Page 10 (pdf)
    627.715 Flood insurance. Page 23 (pdf)
    627.7152 Assignment agreements. Page 24 (pdf)
    627.7156 Page 26 (pdf)

    Citations - Chapter Law (1)

    Chapter Law Section Amended Location in Bill Location In Bill Help
    2022-268 Section 4 Page 27 (pdf)

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