CS/CS/SB 1716: Citizens Property Insurance Corporation

GENERAL BILL by Fiscal Policy, Banking and Insurance, Boyd

Citizens Property Insurance Corporation; Revising a requirement for certain flood insurance; providing that certain structures located within certain zip codes are eligible for coverage from the corporation; providing that certain accounts for Citizens Property Insurance Corporation revenues, assets, liabilities, losses, and expenses are now maintained as the Citizens account; deleting provisions relating to surcharges and regular assessments upon determination of projected deficits; providing that certain personal lines residential risks are not eligible for any policy issued by the corporation, etc.

Current Bill Version Posted: 2/29/2024 02:31 PM

• Senate Committee References (2)

  1. Fiscal Policy (FP)
  2. Banking and Insurance (BI)

• Related Bills (4)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  H 1503 (er) by Insurance & Banking Subcommittee Citizens Property Insurance Corporation Last Action: 5/13/2024 Chapter No. 2024-179	Similar
  H 565 by Mooney Coverage by Citizens Property Insurance Corporation Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/CS/HB 1503 (Ch. 2024-179)	Compare
  H 1213 by Roach, Cassel Windstorm Coverage by Citizens Property Insurance Corporation Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/CS/HB 1503 (Ch. 2024-179)	Compare
  S 604 by Rodriguez Citizens Property Insurance Corporation Last Action: 3/8/2024 S Died in Banking and Insurance, companion bill(s) passed, see CS/CS/HB 1503 (Ch. 2024-179)	Compare

• Citations - Statute (3)

  The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
  
  The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.

  627.351	Insurance risk apportionment plans.	Page 4 (pdf) , Page 5 (pdf)
  627.3511	Depopulation of Citizens Property Insurance Corporation.	Page 98 (pdf)
  627.3518	Citizens Property Insurance Corporation policyholder eligibility clearinghouse program.	Page 102 (pdf)

• Bill History

  S = Senate, H = House

  1/5/2024	S	• Filed
  1/11/2024	S	• Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy • Introduced
  1/17/2024	S	• On Committee agenda-- Banking and Insurance, 01/22/24, 4:00 pm, 412 Knott Building --Temporarily Postponed
  1/24/2024	S	• On Committee agenda-- Banking and Insurance, 01/29/24, 1:30 pm, 412 Knott Building
  1/29/2024	S	• CS by Banking and Insurance; YEAS 9 NAYS 0
  1/30/2024	S	• Pending reference review under Rule 4.7(2) - (Committee Substitute) • Original reference(s) removed: Appropriations Committee on Agriculture, Environment, and General Government • Remaining references corrected to Fiscal Policy • Now in Fiscal Policy
  2/1/2024	S	• CS by Banking and Insurance read 1st time
  2/12/2024	S	• On Committee agenda-- Fiscal Policy, 02/15/24, 12:00 pm, 412 Knott Building --Temporarily Postponed
  2/22/2024	S	• On Committee agenda-- Fiscal Policy, 02/27/24, 9:00 am, 412 Knott Building
  2/27/2024	S	• CS/CS by- Fiscal Policy; YEAS 19 NAYS 0
  2/29/2024	S	• Pending reference review -under Rule 4.7(2) - (Committee Substitute) • CS/CS by Fiscal Policy read 1st time
  3/4/2024	S	• Placed on Calendar, on 2nd reading • Placed on Special Order Calendar, 03/06/24
  3/6/2024	S	• Read 2nd time -SJ 808 • Substituted CS/CS/HB 1503 -SJ 808 • Laid on Table, companion bill(s) passed, see CS/CS/HB 1503 (Ch. 2024-179) -SJ 808