CS/CS/HB 1227 (2011) -  Surplus Lines Insurance

General Bill by Finance & Tax Committee and Insurance & Banking Subcommittee and Hager
Surplus Lines Insurance: Requires surplus lines agent to file quarterly affidavit stating all surplus lines insurance transacted during preceding quarter has been submitted to Florida Surplus Lines Service Office (FSLSO); requires premium tax due on surplus lines policy to be computed on gross premium; provides limit on tax; revises payment dates for service fee; requires service fee to be computed on gross premium; authorizes DFS & OIR to enter into agreement with other states for collection & allocation of nonadmitted insurance taxes; provides terms for agreement; requires FSLSO to implement agreement; authorizes department to adopt rules; provides for application; requires DFS to submit initial report to Legislature by specified date if agreement has been entered into; repeals section effective on that specified date, if no agreement has been entered into before that date; repeals section effective on specified date if Legislature has not ratified any agreement before that date; requires annual reports; requires certain insureds or self-insurers engaging in specified insurance transactions with foreign or alien insurer to compute premium tax & service fees based on gross premium; provides limit on tax; requires such insureds or self-insurers to pay applicable premium tax to department & service fee to FSLSO on or before specified time.
Companion Bill passed CS/CS/CS/SB 1816 Surplus Lines Insurance By Budget and Budget Subcommittee on Finance and Tax and Banking and Insurance and Fasano
Effective Date: upon becoming a law
Last Event: Companion bill(s) passed, see CS/CS/CS/SB 1816 (Ch. 2011-46) on Wednesday, May 4, 2011 10:09 AM; HB Laid on Table
Date Available for Final Passage: Tuesday, May 03, 2011 6:39 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/CS/SB 1816 Subject: Surplus Lines Insurance Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 6/28/2011 2:32:16 PM
Chamber: House Committee: Finance & Tax Committee 4/25/2011 12:42:04 PM
Chamber: House Committee: Finance & Tax Committee 4/18/2011 5:13:41 PM
Chamber: House Committee: Finance & Tax Committee 4/10/2011 8:18:44 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/30/2011 7:02:02 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/22/2011 4:47:26 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table; companion bill(s) passed, see CS/CS/CS/SB 1816 (Ch. 2011-46) Time: 05/04/2011 - 10:09 AM Member: Committee: Version: e1
Event: H Temporarily postponed, on 3rd Reading Time: 05/02/2011 - 3:41 PM Member: Committee: Version: e1
Event: H Added to Third Reading Calendar Time: 04/29/2011 - 9:35 PM Member: Committee: Version: e1
Event: H Amendment 195255 adopted Time: 04/29/2011 - 6:39 PM Member: Committee: Version: c2
Event: H Amendment 895673 adopted Time: 04/29/2011 - 6:38 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 04/29/2011 - 6:37 PM Member: Committee: Version: c2
Event: H Amendment 230911 withdrawn Time: 04/29/2011 - 11:13 AM Member: Committee: Version: c2
Event: H Amendment 195255 filed Time: 04/28/2011 - 2:04 PM Member: Committee: Version: c2
Event: H Amendment 895673 filed Time: 04/28/2011 - 2:04 PM Member: Committee: Version: c2
Event: H Amendment 230911 filed Time: 04/28/2011 - 1:56 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (4/29/2011) Time: 04/27/2011 - 8:20 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 04/26/2011 - 7:22 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 04/26/2011 - 7:22 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 04/25/2011 - 7:13 PM Member: Committee: Version: c2
Event: H CS Filed Time: 04/25/2011 - 1:00 PM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.19(a) Time: 04/25/2011 - 1:00 PM Member: Committee: Version: c1
Event: H Reported out of Finance & Tax Committee Time: 04/25/2011 - 12:42 PM Member: Committee: Finance & Tax Committee Version: c1
Event: H Favorable with CS by Finance & Tax Committee Time: 04/20/2011 - 2:42 PM Member: Committee: Finance & Tax Committee Version: c1
Event: H PCS added to Finance & Tax Committee agenda Time: 04/18/2011 - 4:18 PM Member: Committee: Finance & Tax Committee Version: c1
Event: H Removed from Meeting Agenda of Finance & Tax Committee Time: 04/11/2011 - 5:22 PM Member: Committee: Finance & Tax Committee Version: c1
Event: H Added to Finance & Tax Committee agenda Time: 04/08/2011 - 4:27 PM Member: Committee: Finance & Tax Committee Version: c1
Event: H 1st Reading Time: 03/31/2011 - 8:01 PM Member: Committee: Version: c1
Event: H Now in Finance & Tax Committee Time: 03/31/2011 - 12:56 PM Member: Committee: Finance & Tax Committee Version: c1
Event: H Referred to Economic Affairs Committee Time: 03/31/2011 - 12:56 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Referred to Finance & Tax Committee Time: 03/31/2011 - 12:56 PM Member: Committee: Finance & Tax Committee Version: c1
Event: H CS Filed Time: 03/30/2011 - 7:11 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 03/30/2011 - 7:11 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 03/30/2011 - 7:00 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 03/23/2011 - 4:00 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 03/21/2011 - 4:13 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 03/14/2011 - 11:28 AM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Finance & Tax Committee Time: 03/14/2011 - 11:28 AM Member: Committee: Finance & Tax Committee Version: __
Event: H Referred to Rulemaking & Regulation Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Rulemaking & Regulation Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 03/08/2011 - 10:24 PM Member: Committee: Version: __
Event: H Filed Time: 03/04/2011 - 10:58 AM Member: Hager Committee: Version: __