CS/SB 914 (2020) -  Contingency Risk Multipliers

General Bill by Banking and Insurance and Brandes
Contingency Risk Multipliers: Providing that, for certain attorney fees awarded for claims arising under property insurance policies, a strong presumption is created that a lodestar fee is sufficient and reasonable; providing that such presumption may be rebutted only under certain circumstances, etc.
Effective Date: 07/01/2020
Last Event: 03/14/20 S Died in Rules on Saturday, March 14, 2020 12:00 AM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 01/21/20 12:00 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 5   Nays 3
  • Judiciary
    • On agenda for: 02/04/20 12:30 PM
    • Favorable (final action) Votes: Yeas 4   Nays 2
  • Rules

Related Bills

Bill # Subject Relationship
Bill #: HB 7071 Subject: Contingency Risk Multipliers Relationship: Identical

Bill Text

  • Committee Substitute 1
    • A 292098 , Judiciary, Rodriguez Date Filed: 02/04/20, Line#: 17 Senate(c): Withdrawn 02/04/2020 04:49 PM
  • Original Filed Version
    • A 806840 , Banking and Insurance, Brandes Date Filed: 01/21/20, Line#: 17 Senate(c): Replaced by Committee Substitute 01/21/2020 01:52 PM
    • T 232410 , Banking and Insurance, Brandes Date Filed: 01/21/20, Line#: 2 Senate(c): Replaced by Committee Substitute 01/21/2020 01:52 PM

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Judiciary 2/4/2020 4:48:58 PM
Chamber: Senate Committee: Judiciary 2/3/2020 12:36:21 PM
Chamber: Senate Committee: Banking and Insurance 1/22/2020 1:16:24 PM
Chamber: Senate Committee: Banking and Insurance 1/17/2020 12:15:20 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Rules Time: 03/14/2020 - 12:00 AM Member: Committee: Rules Version: c1
Event: S Indefinitely postponed and withdrawn from consideration Time: 03/14/2020 - 12:00 AM Member: Committee: Version: c1
Event: S Now in Rules Time: 02/04/2020 - 5:18 PM Member: Committee: Rules Version: c1
Event: S Favorable by Judiciary; YEAS 4 NAYS 2 -SJ 239 Time: 02/04/2020 - 2:56 PM Member: Committee: Judiciary Version: c1
Event: S On Committee agenda-- Judiciary, 02/04/20, 12:30 pm, 110 Senate Building Time: 01/30/2020 - 4:44 PM Member: Committee: Judiciary Version: c1
Event: S CS by Banking and Insurance read 1st time -SJ 196 Time: 01/27/2020 - 3:20 PM Member: Committee: Banking and Insurance Version: c1
Event: S Now in Judiciary Time: 01/23/2020 - 1:38 PM Member: Committee: Judiciary Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 01/22/2020 - 2:06 PM Member: Committee: Banking and Insurance Version: __
Event: S CS by Banking and Insurance; YEAS 5 NAYS 3 -SJ 155 Time: 01/21/2020 - 1:36 PM Member: Committee: Banking and Insurance Version: __
Event: S On Committee agenda-- Banking and Insurance, 01/21/20, 12:00 pm, 412 Knott Building Time: 01/16/2020 - 3:41 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced -SJ 69 Time: 01/14/2020 - 11:02 AM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Judiciary; Rules -SJ 70 Time: 12/13/2019 - 11:34 AM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 11/14/2019 - 9:08 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
627.428 HB 7071

(*) Not the latest version