CS/CS/HB 1503 -  Citizens Property Insurance Corporation

General Bill by Commerce Committee and Insurance & Banking Subcommittee and Esposito (CO-SPONSORS) Barnaby; Snyder; Truenow
Citizens Property Insurance Corporation: Revises circumstances under which certain insurers' association shall levy market equalization surcharges on policyholders; provides that certain accounts for Citizens Property Insurance Corporation revenues, assets, liability, losses, & expenses are now maintained as Citizens account; revises requirements for certain coverages by corporation; requires inclusion of quota share primary insurance in certain policies; specifies that certain provisions apply to personal lines residential risks that are primary residences and to personal lines residential risks that are not primary residences; provides that comparisons of comparable coverages under certain personal lines residential risks & commercial lines residential risks do not apply to policies that do not cover primary residences; provides that certain risks that could not be insured under standard policies are eligible for certain basic policies; revises corporation's plan of operation.
Effective Date: July 1, 2024 except as otherwise provided
Last Event: Signed by Officers and presented to Governor on Thursday, April 25, 2024 1:56 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 1716 Subject: Citizens Property Insurance Corporation Relationship: Similar
Bill #: HB 565 Subject: Coverage by Citizens Property Insurance Corporation Relationship: Compare
Bill #: HB 1213 Subject: Windstorm Coverage by Citizens Property Insurance Corporation Relationship: Compare
Bill #: SB 604 Subject: Citizens Property Insurance Corporation Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 3/20/2024 1:28:40 PM
Chamber: House Committee: Commerce Committee 2/26/2024 5:02:27 PM
Chamber: House Committee: Commerce Committee 2/21/2024 1:36:44 PM
Chamber: House Committee: Insurance & Banking Subcommittee 2/4/2024 10:43:57 AM
Chamber: House Committee: Insurance & Banking Subcommittee 1/30/2024 4:50:14 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 03/01/2024 01:41 PM   Yeas: 81 Nays: 28 Action: Action 2: Passage Vote Detail: Vote [Seq# 780] Barcode:
Chamber: Senate Date: 03/06/2024 03:24 PM   Yeas: 40 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 28] Barcode:
Chamber: House Date: 03/07/2024 06:01 PM   Yeas: 113 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 969] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Signed by Officers and presented to Governor Time: 04/25/2024 - 1:56 PM Member: Committee: Version: er
Event: H Message sent to senate Time: 03/07/2024 - 6:17 PM Member: Committee: Version: e1
Event: H Ordered engrossed, then enrolled Time: 03/07/2024 - 6:01 PM Member: Committee: Version: e1
Event: H CS passed as amended; YEAS 113, NAYS 0 Time: 03/07/2024 - 6:01 PM Member: Committee: Version: e1
Event: H Amendment 102780 Concur Time: 03/07/2024 - 6:01 PM Member: Committee: Version: e1
Event: H Added to Senate Message List Time: 03/07/2024 - 5:24 PM Member: Committee: Version: e1
Event: H In Messages Time: 03/06/2024 - 5:44 PM Member: Committee: Version: e1
Event: S CS passed as amended; YEAS 40 NAYS 0 -SJ 827 Time: 03/06/2024 - 3:24 PM Member: Committee: Version: e1
Event: S Read 3rd time -SJ 827 Time: 03/06/2024 - 3:23 PM Member: Committee: Version: e1
Event: S Amendment(s) adopted (102780) -SJ 827 Time: 03/06/2024 - 3:23 PM Member: Committee: Version: e1
Event: S Read 2nd time -SJ 808 Time: 03/06/2024 - 3:21 PM Member: Committee: Version: e1
Event: S Substituted for CS/CS/SB 1716 -SJ 808 Time: 03/06/2024 - 3:21 PM Member: Committee: Version: e1
Event: S Placed on Calendar, on 2nd reading Time: 03/06/2024 - 3:21 PM Member: Committee: Version: e1
Event: S Withdrawn from Fiscal Policy -SJ 808 Time: 03/06/2024 - 3:21 PM Member: Committee: Version: e1
Event: S Received Time: 03/01/2024 - 7:11 PM Member: Committee: Version: e1
Event: H Message sent to senate Time: 03/01/2024 - 3:22 PM Member: Committee: Version: e1
Event: S Referred to Fiscal Policy Time: 03/01/2024 - 3:20 PM Member: Committee: Fiscal Policy Version: e1
Event: S In Messages Time: 03/01/2024 - 2:49 PM Member: Committee: Version: e1
Event: H CS passed as amended; YEAS 81, NAYS 28 Time: 03/01/2024 - 1:40 PM Member: Committee: Version: e1
Event: H Read 3rd time Time: 03/01/2024 - 1:34 PM Member: Committee: Version: e1
Event: H Added to Third Reading Calendar Time: 02/29/2024 - 8:21 PM Member: Committee: Version: c2
Event: H Placed on 3rd reading Time: 02/29/2024 - 5:14 PM Member: Committee: Version: c2
Event: H Amendment 681737 adopted Time: 02/29/2024 - 5:14 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 02/29/2024 - 4:57 PM Member: Committee: Version: c2
Event: H Amendment 681737 filed Time: 02/27/2024 - 3:56 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 02/26/2024 - 7:31 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (2/29/2024) Time: 02/26/2024 - 7:07 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 02/26/2024 - 6:00 PM Member: Committee: Version: c2
Event: H CS Filed Time: 02/26/2024 - 5:07 PM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.18(a) Time: 02/26/2024 - 5:07 PM Member: Committee: Version: c1
Event: H Reported out of Commerce Committee Time: 02/26/2024 - 5:03 PM Member: Committee: Commerce Committee Version: c1
Event: H Favorable with CS by Commerce Committee Time: 02/22/2024 - 7:09 PM Member: Committee: Commerce Committee Version: c1
Event: H PCS added to Commerce Committee agenda Time: 02/20/2024 - 4:24 PM Member: Committee: Commerce Committee Version: c1
Event: H 1st Reading Time: 02/05/2024 - 4:35 PM Member: Committee: Version: c1
Event: H Now in Commerce Committee Time: 02/05/2024 - 12:41 PM Member: Committee: Commerce Committee Version: c1
Event: H Referred to Commerce Committee Time: 02/05/2024 - 12:41 PM Member: Committee: Commerce Committee Version: c1
Event: H CS Filed Time: 02/04/2024 - 3:41 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 02/04/2024 - 3:41 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 02/04/2024 - 10:45 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 02/01/2024 - 3:29 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H PCS added to Insurance & Banking Subcommittee agenda Time: 01/30/2024 - 3:56 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 01/13/2024 - 9:37 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 01/13/2024 - 9:37 AM Member: Committee: Commerce Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 01/13/2024 - 9:37 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/09/2024 - 11:31 PM Member: Committee: Version: __
Event: H Filed Time: 01/08/2024 - 10:22 AM Member: Esposito Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
627.351 SB 74, HB 565, SB 604, CS/HB 625, HB 655, SB 802, HB 889, CS/HB 893, CS/CS/CS/HB 989, HB 1015, CS/CS/CS/SB 1098, CS/SB 1106, HB 1213, SB 1428, CS/CS/HB 1611, CS/CS/SB 1622, CS/CS/SB 1716, HB 5003, HB 7029
627.3511 HB 1213, CS/CS/SB 1716
627.3518 HB 1213, CS/CS/SB 1716