Bill Summary

HB 557 Florida Insurance Guaranty Association (2015 Session)
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Sponsors
by Raburn  CS Sponsors: Regulatory Affairs Committee, Insurance & Banking Subcommittee
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Summary
Florida Insurance Guaranty Association: Defines term "assessment year"; revises provisions relating to levy of assessments on insurers by Florida Insurance Guaranty Association; specifies conditions under which such assessments are paid; revises procedures & timeframes for levying of assessments; revises provisions relating to assessments that are premium & not subject to premium tax; limits insurer's liability for uncollectible emergency assessments; deletes requirement to file final accounting report documenting recoupment; revises exemption for assessments; requires charges or recoupments to be displayed separately on premium statements to policyholders & prohibits their inclusion in rates. Effective Date: July 1, 2015
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committees of reference
   H Insurance & Banking Subcommittee
   H Finance & Tax Committee
   H Regulatory Affairs Committee
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Actions
02/02/15
HOUSE 
Filed
02/11/15
HOUSE 
Referred to Insurance & Banking Subcommittee; Finance & Tax Committee; Regulatory Affairs Committee
02/11/15
HOUSE 
Now in Insurance & Banking Subcommittee
02/25/15
______ 
Bill to be Discussed During the Office of EDR's Revenue Estimating Impact Conference, 02/26/15, 1:00 pm, 117 K (No Votes Will Be Taken)
02/27/15
HOUSE 
On Committee agenda - Insurance & Banking Subcommittee, 03/03/15, 4:30 pm, 404 H
03/03/15
HOUSE 
Favorable with CS by Insurance & Banking Subcommittee; 12 Yeas, 0 Nays
03/04/15
HOUSE 
Committee Substitute Text (C1) Filed
03/05/15
HOUSE 
Now in Finance & Tax Committee
03/23/15
HOUSE 
On Committee agenda - Finance & Tax Committee, 03/25/15, 1:00 pm, 17 H
03/25/15
HOUSE 
Favorable by Finance & Tax Committee; 16 Yeas, 0 Nays
03/25/15
HOUSE 
Now in Regulatory Affairs Committee
03/30/15
HOUSE 
On Committee agenda - Regulatory Affairs Committee, 04/01/15, 8:00 am, 404 H
04/01/15
HOUSE 
Favorable with CS by Regulatory Affairs Committee; 13 Yeas, 0 Nays
04/02/15
HOUSE 
Committee Substitute Text (C2) Filed
04/03/15
HOUSE 
Placed on Calendar, on 2nd reading
04/22/15
HOUSE 
Placed on Special Order Calendar, 04/24/15
04/24/15
HOUSE 
Substituted for SB 0836; Laid on Table, Refer to SB 0836
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bill text & filed amendments
0557
Filed on 02/02/15
PDF
Amendment 824791
Raburn
Filed on 03/02/15
Adopted
PDF
0557C1
Filed on 03/04/15
PDF
Amendment 667471
Raburn
Filed on 03/31/15
Adopted
PDF
0557C2
Filed on 04/02/15
PDF
No amendments to this bill text filed.
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Statute Citations
631.54
631.57
631.64
627.727
631.55
Research & Reports
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