CS/CS/HB 1503: Citizens Property Insurance Corporation
GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Esposito ; (CO-INTRODUCERS) Barnaby ; Snyder ; Truenow
Citizens Property Insurance Corporation; Revises circumstances under which certain insurers' association shall levy market equalization surcharges on policyholders; provides that certain accounts for Citizens Property Insurance Corporation revenues, assets, liability, losses, & expenses are now maintained as Citizens account; revises requirements for certain coverages by corporation; requires inclusion of quota share primary insurance in certain policies; specifies that certain provisions apply to personal lines residential risks that are primary residences and to personal lines residential risks that are not primary residences; provides that comparisons of comparable coverages under certain personal lines residential risks & commercial lines residential risks do not apply to policies that do not cover primary residences; provides that certain risks that could not be insured under standard policies are eligible for certain basic policies; revises corporation's plan of operation.
Last Action: 4/25/2024 - Signed by Officers and presented to Governor
Bill Text: PDF
- Fiscal Policy (FP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/8/2024 | House |
• Filed |
| 1/9/2024 | House |
• 1st Reading (Original Filed Version) |
| 1/13/2024 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 1/30/2024 | House |
• PCS added to Insurance & Banking Subcommittee agenda |
| 2/1/2024 | House |
• Favorable with CS by Insurance & Banking Subcommittee |
| 2/4/2024 | House |
• Reported out of Insurance & Banking Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed |
| 2/5/2024 | House |
• Referred to Commerce Committee • Now in Commerce Committee • 1st Reading (Committee Substitute 1) |
| 2/20/2024 | House |
• PCS added to Commerce Committee agenda |
| 2/22/2024 | House |
• Favorable with CS by Commerce Committee |
| 2/26/2024 | 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 (2/29/2024) • 1st Reading (Committee Substitute 2) |
| 2/29/2024 | House |
• Read 2nd time • Amendment 681737 adopted • Placed on 3rd reading • Added to Third Reading Calendar |
| 3/1/2024 | House |
• Read 3rd time • CS passed as amended; YEAS 81, NAYS 28 |
| 3/1/2024 | Senate |
• In Messages • Referred to Fiscal Policy • Received |
| 3/6/2024 | Senate |
• Withdrawn from Fiscal Policy -SJ 808 • Placed on Calendar, on 2nd reading • Substituted for CS/CS/SB 1716 -SJ 808 • Read 2nd time -SJ 808 • Amendment(s) adopted (102780) -SJ 827 • Read 3rd time -SJ 827 • CS passed as amended; YEAS 40 NAYS 0 -SJ 827 |
| 3/6/2024 | House |
• In Messages |
| 3/7/2024 | House |
• Added to Senate Message List • Amendment 102780 Concur • CS passed as amended; YEAS 113, NAYS 0 • Ordered engrossed, then enrolled |
| 4/25/2024 |
• Signed by Officers and presented to Governor |
731382 - Amendment to Amendment (607656)