CS/HB 7021 (2008) - Florida Hurricane Catastrophe Fund

General Bill by Policy & Budget Council and Jobs & Entrepreneurship Council and Reagan (CO-SPONSORS) Ausley; Chestnut; Gibbons; Kriseman; Long; Richardson; Sands; Scionti; Seiler; Soto

Florida Hurricane Catastrophe Fund: Creates Division of the Florida Hurricane Catastrophe Fund within SBA; transfers powers, duties, & responsibilities of administration of fund from SBA to division; requires SBA to appoint director; extends for additional year offer of reimbursement coverage for specified insurers; revises qualifying criteria for such insurers; provides penalties & interest for failing to collect & remit specified assessments; increases membership of board of directors of Florida Hurricane Catastrophe Fund Finance Corporation; revises methodology for calculating TICL coverage multiples for purposes of reducing insurer's fund coverage limit; increases percentage of reimbursement of insurer's TICL coverage under TICL options addendum; assigns Florida Commission on Hurricane Loss Projection Methodology to division.

Effective Date: June 1, 2008

Last Event: Died on Third Reading Calendar, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2012 (Ch. 2008-220), CS/CS/SB 2860 (Ch. 2008-66) on Friday, May 2, 2008 6:02 PM

Date Available for Final Passage: Tuesday, April 29, 2008 9:57 AM

PCB committee actions:

PCB JEC 08-01 recommended by:

Jobs & Entrepreneurship Council
- On agenda for: 02/21/08 9:00 AM View Notice
- Favorable (final action) See Votes

Referred Committees and Committee Actions

House Referrals

Policy & Budget Council
- On agenda for: 04/14/08 3:15 PM
  View Notice Meeting Packets Action Packets
- Favorable With Council Substitute (final action) See Votes
- On agenda for: 04/15/08 9:00 AM
  View Notice Meeting Packets Action Packets
- Heard At Previous Meeting (final action)

Related Bills

Bill #	Subject	Relationship
Bill #: CS/CS/SB 2012	Subject: Insurance [EPCC]	Relationship: Compare
Bill #: CS/CS/CS/SB 2156	Subject: Florida Hurricane Catastrophe Fund [EPCC]	Relationship: Compare
Bill #: CS/CS/SB 2860	Subject: Insurance [EPCC]	Relationship: Compare

Bill Text

Engrossed 1
Committee Substitute 1
- A 019163 , Reagan Date Filed: 04/24/08, Page#: 0, Line#: 325 House: Adopted 04/25/2008 09:56 AM
- A 196579 , Reagan Date Filed: 04/22/08, Page#: 0, Line#: 1703 House: Adopted 04/25/2008 09:57 AM
Original Filed Version
PCB JEC 08-01

Staff Analysis

Chamber	Committee
Chamber: House	Committee: Policy & Budget Council 4/17/2008 4:59:27 PM
Chamber: House	Committee: Policy & Budget Council 4/13/2008 2:58:29 PM
Chamber: House	Committee: Jobs & Entrepreneurship Council 3/17/2008 1:17:46 PM
Chamber: House	Committee: Jobs & Entrepreneurship Council 2/21/2008 12:46:21 PM
Chamber: House	Committee: Jobs & Entrepreneurship Council 2/20/2008 6:08:26 PM

Vote History

(No Votes Recorded)

Bill History

Event	Time	Member	Committee	Ver.
Event: H Died on Third Reading Calendar, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2012 (Ch. 2008-220), CS/CS/SB 2860 (Ch. 2008-66)	Time: 05/02/2008 - 6:02 PM	Member:	Committee:	Version:
Event: H Added to Third Reading Calendar	Time: 04/25/2008 - 7:09 PM	Member:	Committee:	Version: e1
Event: H Amendment 196579 adopted	Time: 04/25/2008 - 9:57 AM	Member:	Committee:	Version: c1
Event: H Amendment 019163 adopted	Time: 04/25/2008 - 9:56 AM	Member:	Committee:	Version: c1
Event: H Read 2nd time	Time: 04/25/2008 - 9:53 AM	Member:	Committee:	Version: c1
Event: H Amendment 019163 filed	Time: 04/24/2008 - 12:13 PM	Member:	Committee:	Version: c1
Event: H Bill added to Special Order Calendar (4/25/2008)	Time: 04/23/2008 - 8:50 PM	Member:	Committee:	Version: c1
Event: H Amendment 196579 filed	Time: 04/22/2008 - 4:11 PM	Member:	Committee:	Version: c1
Event: H Added to Second Reading Calendar	Time: 04/17/2008 - 11:23 PM	Member:	Committee:	Version: c1
Event: H Bill referred to House Calendar	Time: 04/17/2008 - 11:23 PM	Member:	Committee:	Version: c1
Event: H 1st Reading	Time: 04/16/2008 - 10:55 PM	Member:	Committee:	Version: c1
Event: H CS Filed	Time: 04/16/2008 - 10:28 AM	Member:	Committee:	Version: c1
Event: H Laid on Table under Rule 7.19	Time: 04/16/2008 - 10:28 AM	Member:	Committee:	Version: __
Event: H Reported out of Policy & Budget Council	Time: 04/16/2008 - 10:11 AM	Member:	Committee: Policy & Budget Council	Version: __
Event: H Favorable with CS by Policy & Budget Council	Time: 04/14/2008 - 6:00 PM	Member:	Committee: Policy & Budget Council	Version: __
Event: H Added to Policy & Budget Council agenda	Time: 04/11/2008 - 4:24 PM	Member:	Committee: Policy & Budget Council	Version: __
Event: H Added to Policy & Budget Council agenda	Time: 04/10/2008 - 11:55 AM	Member:	Committee: Policy & Budget Council	Version: __
Event: H Now in Policy & Budget Council	Time: 03/07/2008 - 8:27 PM	Member:	Committee: Policy & Budget Council	Version: __
Event: H Referred to Policy & Budget Council	Time: 03/07/2008 - 8:27 PM	Member:	Committee: Policy & Budget Council	Version: __
Event: H 1st Reading	Time: 03/07/2008 - 6:50 PM	Member:	Committee:	Version: __
Event: H Filed	Time: 03/07/2008 - 8:45 AM	Member:	Committee: Jobs & Entrepreneurship Council	Version: __

Statutes Referenced by this Bill

Statute	Other Bill Citations
215.555	CS/HB 983, HB 1497, HB 7011
215.557
215.5586	HB 245, HB 7011, HB 7103
215.559	HB 5003, HB 7011
215.5595	HB 5003, CS/HB 5057
624.424
627.0628	HB 7011
627.351	CS/HB 697, CS/HB 983, CS/HB 1001, HB 7011