HB 1127 (2012) -  Citizens Property Insurance Corporation

General Bill by Albritton (CO-SPONSORS) Weinstein
Citizens Property Insurance Corporation: Reduces to 2 percent from 6 percent amount of projected deficit in coastal account for prior calendar year which is recovered through regular assessments; requires that remaining projected deficits in personal & commercial lines accounts be recovered through emergency assessments after accounting for Citizens policyholder surcharge; requires OIR of FSC to notify assessable insurers & Florida Surplus Lines Service Office of dates assessable insurers shall collect & pay emergency assessments; removes reference to recoupment of residual market deficit assessments; requires board of governors to make determination that account has projected deficit before it levies Citizens policyholder surcharge; requires limited apportionment company begin collecting regular assessments within 90 days & pay in full within 15 months after assessment is levied; authorizes OIR to assist Citizens Property Insurance Corporation in collection of assessments; replaces term "market equalization surcharge" with term "policyholder surcharge."
Effective Date: July 1, 2012
Last Event: Chapter No. 2012-80 on Sunday, April 8, 2012 7:49 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 1346 Subject: Property Insurance Relationship: Compare

Bill Text

  • Enrolled
  • Original Filed Version
    • A 875378 , Alexander Date Filed: 03/08/12, Line#: 1053 Senate: Withdrawn 3/9/2012 11:35:10 PM
    • A 254117 , Nelson (EAC) Date Filed: 02/07/12, Line#: 322 House(c): Withdrawn 02/08/2012 05:03 PM
    • A 779073 , Nelson (EAC) Date Filed: 02/07/12, Line#: 365 House(c): Withdrawn 02/08/2012 05:03 PM

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 4/16/2012 1:48:44 PM
Chamber: House Committee: Final Bill Analysis 3/19/2012 5:33:13 PM
Chamber: House Committee: Economic Affairs Committee 2/9/2012 10:48:02 AM
Chamber: House Committee: Economic Affairs Committee 2/6/2012 6:07:20 PM
Chamber: House Committee: Government Operations Appropriations Subcommittee 1/31/2012 7:23:25 PM
Chamber: House Committee: Government Operations Appropriations Subcommittee 1/27/2012 4:57:47 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/25/2012 1:36:17 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/22/2012 3:11:44 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 02/23/2012 02:47 PM   Yeas: 89 Nays: 25 Action: Passage Action 2: Vote Detail: Vote [Seq# 879] Barcode:
Chamber: Senate Date: 03/09/2012 11:35 PM   Yeas: 38 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 126] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2012-80 Time: 04/08/2012 - 7:49 PM Member: Committee: Version: er
Event: Approved by Governor Time: 04/06/2012 - 7:10 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 03/30/2012 - 10:37 AM Member: Committee: Version: er
Event: H Ordered enrolled Time: 03/10/2012 - 12:09 AM Member: Committee: Version: __
Event: H In Messages Time: 03/10/2012 - 12:09 AM Member: Committee: Version: __
Event: S Passed; YEAS 38 NAYS 0 -SJ 1671 Time: 03/09/2012 - 11:35 PM Member: Committee: Version: __
Event: S Read 3rd time -SJ 1671 Time: 03/09/2012 - 11:35 PM Member: Committee: Version: __
Event: S Read 2nd time -SJ 1671 Time: 03/09/2012 - 11:35 PM Member: Committee: Version: __
Event: S Substituted for CS/SB 1346 -SJ 1671 Time: 03/09/2012 - 11:35 PM Member: Committee: Version: __
Event: S Placed on Calendar, on 2nd reading -SJ 1671 Time: 03/09/2012 - 11:35 PM Member: Committee: Version: __
Event: S Withdrawn from Banking and Insurance; Budget Subcommittee on General Government Appropriations; Budget -SJ 1671 Time: 03/09/2012 - 11:35 PM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Budget Subcommittee on General Government Appropriations; Budget -SJ 827 Time: 03/05/2012 - 6:54 PM Member: Committee: Version: __
Event: S Received -SJ 827 Time: 03/05/2012 - 6:50 PM Member: Committee: Version: __
Event: S In Messages Time: 02/24/2012 - 4:40 PM Member: Committee: Version: __
Event: H Message sent to senate Time: 02/24/2012 - 3:52 PM Member: Committee: Version: __
Event: H Passage on third reading Time: 02/23/2012 - 2:47 PM Member: Committee: Version: __
Event: H Passed; YEAS 89, NAYS 25 Time: 02/23/2012 - 2:46 PM Member: Committee: Version: __
Event: H Read 3rd time Time: 02/23/2012 - 2:46 PM Member: Committee: Version: __
Event: H Added to Third Reading Calendar Time: 02/22/2012 - 5:17 PM Member: Committee: Version: __
Event: H Placed on 3rd reading Time: 02/22/2012 - 4:22 PM Member: Committee: Version: __
Event: H Read 2nd time Time: 02/22/2012 - 4:14 PM Member: Committee: Version: __
Event: H Bill added to Special Order Calendar (2/22/2012) Time: 02/20/2012 - 6:40 PM Member: Committee: Version: __
Event: H Added to Second Reading Calendar Time: 02/09/2012 - 10:48 AM Member: Committee: Version: __
Event: H Bill released to House Calendar Time: 02/09/2012 - 10:48 AM Member: Committee: Version: __
Event: H Reported out of Economic Affairs Committee Time: 02/09/2012 - 10:48 AM Member: Committee: Economic Affairs Committee Version: __
Event: H Favorable by Economic Affairs Committee Time: 02/08/2012 - 10:30 AM Member: Committee: Economic Affairs Committee Version: __
Event: H Added to Economic Affairs Committee agenda Time: 02/06/2012 - 4:26 PM Member: Committee: Economic Affairs Committee Version: __
Event: H Now in Economic Affairs Committee Time: 02/01/2012 - 8:30 AM Member: Committee: Economic Affairs Committee Version: __
Event: H Reported out of Government Operations Appropriations Subcommittee Time: 02/01/2012 - 8:30 AM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Favorable by Government Operations Appropriations Subcommittee Time: 01/31/2012 - 6:00 PM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Added to Government Operations Appropriations Subcommittee agenda Time: 01/27/2012 - 4:15 PM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Now in Government Operations Appropriations Subcommittee Time: 01/25/2012 - 1:35 PM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 01/25/2012 - 1:35 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable by Insurance & Banking Subcommittee Time: 01/24/2012 - 4:30 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 01/20/2012 - 4:20 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added as workshop bill to Insurance & Banking Subcommittee agenda Time: 01/12/2012 - 4:18 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/10/2012 - 11:59 PM Member: Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 01/09/2012 - 12:01 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 01/09/2012 - 12:01 PM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Government Operations Appropriations Subcommittee Time: 01/09/2012 - 12:01 PM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 01/09/2012 - 12:01 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 12/27/2011 - 8:07 AM Member: Albritton Committee: Version: __