FL H0561 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 25 2019 - 25% progression, died in chamber
Action: 2019-02-08 - Withdrawn prior to introduction
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 25 2019 - 25% progression, died in chamber
Action: 2019-02-08 - Withdrawn prior to introduction
Text: Latest bill text (Introduced) [PDF]
Summary
Revises retention multiple to be used starting on specified date; specifies method by which retention multiple must be adjusted for certain coverage levels; requires fund's rate formula to provide for rapid cash build-up; specifies how rapid cash build-up factor trigger is to be calculated; revises amount of money Legislature must appropriate each fiscal year; provides legislative intent that participating insurers must make one special rate filing after specified date; provides parameters & approval mechanism for such rate filing.
Title
Florida Hurricane Catastrophe Fund
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-02-08 | House | Withdrawn prior to introduction |
2019-02-08 | House | Withdrawn from Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee |
2019-02-06 | House | Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee |
2019-01-25 | House | Filed |
Code Citations
Florida State Sources
Type | Source |
---|---|
Summary | https://www.flsenate.gov/Session/Bill/2019/561 |
Text | https://www.flsenate.gov/Session/Bill/2019/561/BillText/Filed/PDF |