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The Florida Senate

SB 604: Citizens Property Insurance Corporation

GENERAL BILL by Rodriguez

Citizens Property Insurance Corporation; Revising eligibility for coverage by the corporation in certain counties to include personal lines residential structures that have a dwelling replacement cost of less than a specified amount; requiring the corporation to annually implement a rate increase up to a specified percentage for any single policy issued by the corporation, excluding increases associated with coverage changes and surcharges, etc.

Effective Date: 7/1/2024
Last Action: 3/8/2024 Senate - Died in Banking and Insurance, companion bill(s) passed, see CS/CS/HB 1503 (Ch. 2024-179)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Fiscal Policy (FP)



Related Bills

Bill Number Subject Filed By Relationship Last Action and Location Track Bills
H 565 Coverage by Citizens Property Insurance Corporation Mooney, Jr. Similar Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/CS/HB 1503 (Ch. 2024-179)
H 1503 (er) Citizens Property Insurance Corporation Insurance & Banking Subcommittee Compare Last Action: 5/13/2024 Chapter No. 2024-179
S 1716 (c2) Citizens Property Insurance Corporation Boyd Compare Last Action: 3/6/2024 S Laid on Table, companion bill(s) passed, see CS/CS/HB 1503 (Ch. 2024-179) -SJ 808