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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)

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  • Bill History

    Date Chamber Action
    11/28/2023 Senate • Filed
    12/5/2023 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
    1/9/2024 Senate • Introduced
    3/8/2024 Senate • Died in Banking and Insurance, companion bill(s) passed, see CS/CS/HB 1503 (Ch. 2024-179)

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  • SB 604, Original Filed Version (Current Bill Version) Posted 11/28/2023 at 4:41 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 565 Coverage by Citizens Property Insurance Corporation Mooney 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

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 1 (pdf)

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