HB 1695 CS (2004) -  Department of Financial Services

General Bill by Negron
Department of Financial Services: Transfers regulation of insurance adjusters from the Office of Insurance Regulation to the Department of Financial Services; provides for the Chief Financial Officer to have an official seal; provides for the Chief Financial Officer to also be known as the Treasurer; provides for the head of the Office of Insurance Regulation to also be known as the Commissioner of Insurance Regulation; provides for the head of the Office of Financial Regulation to also be known as the Commissioner of Financial Regulation; reallocates duties and responsibilities of the department, the office, and the Financial Services Commission; reallocates duties and responsibilities of the director of the office and the Chief Financial Officer; specifies that the transfer does not affect the regulation of adjusters in administrative or judicial proceedings; provides for substitution of appropriate parties in interest in such proceedings; preserves certain licenses, forms, and actions; expands nonapplication provisions relating to certain real estate practices to include persons or private parties seeking certain relief for actions pertaining to commercial real property; providing an exception; requires state agencies and other affiliated entities to deposit any settlement proceeds resulting from a claim brought on behalf of the state into the State Treasury; adds the Commissioner of Agriculture to the Financial Management Information Board and the Coordinating Council of the Financial Management Information Board; delays the repeal date for provisions relating to the Enterprise Resource Planning Integration Task Force; authorizes the Chief Financial Officer to provide services on a fee basis; expands an authorization for the Chief Financial Officer to invest funds to include reverse repurchase agreements; requires the Chief Financial Officer to administer a collateral management service for state agencies required to deposit or pledge collateral; specifies eligible collateral arrangements; requires the Chief Financial Officer to collect certain charges as specified in service level agreements; expands an authorization for the Chief Financial Officer to invest funds of boards, associations, or entities; requires administrative costs of a deferred compensation plan to be self-funded, requires self-funding fees to be paid by investment providers, authorizes recoupment of such fees from plan participants, and requires deposit of such fees into the Deferred Compensation Trust Fund; authorizes certain investment option providers to be exempt from certain qualified public depository requirements; authorizes costs incurred pursuant to guaranteed energy performance savings contracts to be financed by a master equipment financing agreement; provides time limitations on certain repayments of funds.
Companion Bill passed CS/CS/SB 2994 Financial Services Department By Appropriations and Banking and Insurance and Posey
Effective Date: upon becoming a law
Last Event: Companion Bill passed, refer to CS/CS/SB 2994 on Thursday, April 29, 2004 3:50 PM; HB Laid on Table

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: HB 1181 CS Subject: Deceptive and Unfair Trade Practices Relationship: Compare
Bill #: SB 2404 Subject: Deceptive & Unfair Trade Practices Relationship: Compare
Bill #: CS/CS/SB 2994 Subject: Financial Services Department Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: State Administration 4/19/2004 5:44:44 PM
Chamber: House Committee: State Administration 4/13/2004 1:26:41 PM
Chamber: House Committee: Insurance 4/12/2004 6:09:15 PM
Chamber: House Committee: Insurance 4/1/2004 3:41:28 PM
Chamber: House Committee: Insurance 3/29/2004 8:04:03 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table, refer to CS/CS/SB 2994 Time: 04/29/2004 - 3:50 PM Member: Committee: Version:
Event: H Substituted CS/CS/SB 2994 Time: 04/29/2004 - 3:50 PM Member: Committee: Version:
Event: H Bill released to House Calendar Time: 04/29/2004 - 3:49 PM Member: Committee: Version:
Event: H Withdrawn from Appropriations Time: 04/29/2004 - 3:49 PM Member: Committee: Appropriations Version:
Event: H Bill added to Special Order Calendar (4/29/2004 5:17:17 AM) Time: 04/29/2004 - 3:48 PM Member: Committee: Version:
Event: H Now in Appropriations Time: 04/21/2004 - 9:54 PM Member: Committee: Appropriations Version:
Event: H Remaining referral: Appropriations Time: 04/21/2004 - 9:54 PM Member: Committee: Appropriations Version:
Event: H Withdrawn from Subcommittee on Commerce & Local Affairs Appropriations Time: 04/20/2004 - 3:47 PM Member: Committee: Subcommittee on Commerce & Local Affairs Appropriations Version:
Event: H Recommendation: CS by State Administration ; Pending Review of CS under Rule 6.3 Time: 04/19/2004 - 1:48 PM Member: Committee: State Administration Version:
Event: H Bill released from committee Time: 04/19/2004 - 1:48 PM Member: Committee: State Administration Version:
Event: H Bill passed referred committee Time: 04/19/2004 - 1:48 PM Member: Committee: State Administration Version:
Event: H Now in State Administration Time: 04/13/2004 - 3:54 PM Member: Committee: State Administration Version:
Event: H Remaining referral: Appropriations Time: 04/13/2004 - 3:54 PM Member: Committee: Appropriations Version:
Event: H Remaining referral: Subcommittee on Commerce & Local Affairs Appropriations Time: 04/13/2004 - 3:54 PM Member: Committee: Subcommittee on Commerce & Local Affairs Appropriations Version:
Event: H Remaining referral: State Administration Time: 04/13/2004 - 3:54 PM Member: Committee: State Administration Version:
Event: H Bill added to State Administration agenda Time: 04/12/2004 - 4:26 PM Member: Committee: State Administration Version:
Event: H Recommendation: CS by Insurance ; Pending Review of CS under Rule 6.3 Time: 04/12/2004 - 11:06 AM Member: Committee: Insurance Version:
Event: H Bill released from committee Time: 04/12/2004 - 11:06 AM Member: Committee: Insurance Version:
Event: H Bill passed referred committee Time: 04/12/2004 - 11:06 AM Member: Committee: Insurance Version:
Event: H Bill added to Insurance agenda Time: 03/30/2004 - 4:22 PM Member: Committee: Insurance Version:
Event: H Bill now in Insurance Time: 03/30/2004 - 2:48 PM Member: Committee: Insurance Version:
Event: H Bill released from committee Time: 03/30/2004 - 2:48 PM Member: Committee: Subcommittee on Insurance Regulation Version:
Event: H Bill Passed referred committee with amendment(s) Time: 03/30/2004 - 2:48 PM Member: Committee: Subcommittee on Insurance Regulation Version:
Event: H Bill added to Subcommittee on Insurance Regulation agenda Time: 03/26/2004 - 4:12 PM Member: Committee: Subcommittee on Insurance Regulation Version:
Event: H Now in Subcommittee on Insurance Regulation Time: 03/09/2004 - 1:53 PM Member: Committee: Subcommittee on Insurance Regulation Version:
Event: H Bill referred to committee Time: 03/09/2004 - 1:53 PM Member: Committee: Appropriations Version:
Event: H Bill referred to committee Time: 03/09/2004 - 1:53 PM Member: Committee: Subcommittee on Commerce & Local Affairs Appropriations Version:
Event: H Bill referred to committee Time: 03/09/2004 - 1:53 PM Member: Committee: State Administration Version:
Event: H Bill referred to committee Time: 03/09/2004 - 1:53 PM Member: Committee: Insurance Version:
Event: H Bill referred to committee Time: 03/09/2004 - 1:53 PM Member: Committee: Subcommittee on Insurance Regulation Version:
Event: H 1st Reading Time: 03/03/2004 - 1:25 AM Member: Committee: Version:
Event: H Filed timely Time: 03/02/2004 - 11:42 AM Member: Negron Committee: Version:

Statutes Referenced by this Bill

Statute Other Bill Citations
17.0416
17.16
17.57
17.59
17.61 HB 2009
20.121 HB 323 CS, HB 557 CS
110.1227
112.215 HB 1749
215.31
215.95
215.96 HB 1837
287.064 HB 1749, HB 1905
408.05 HB 701 CS, HB 1629
501.212 HB 1071, HB 1181 CS
516.35
624.313
624.317
624.501
626.016 HB 779
626.112 HB 779
626.161
626.171 HB 779
626.181
626.191 HB 779, HB 1629
626.211
626.221
626.231
626.241 HB 617 CS
626.251
626.261
626.266 HB 1905
626.271
626.281
626.2817
626.291
626.301
626.371 HB 1065
626.381
626.431
626.461
626.471
626.521
626.541
626.551
626.611
626.621
626.631
626.641 HB 779
626.661
626.681
626.691
626.692
626.8582
626.8584
626.859
626.863
626.865 HB 1065
626.866 HB 1065
626.867 HB 1065
626.869
626.8695
626.8696
626.8697
626.8698
626.870
626.871
626.872
626.873
626.8732
626.8734
626.8736
626.8738
626.874 HB 1065
626.878
626.9543
626.989
627.0628 HB 1071
627.285
627.6699 HB 1629
627.7012