CS/CS/HB 813 (2020) -  Protection of Vulnerable Investors

General Bill by Commerce Committee and Insurance & Banking Subcommittee and McClure and Silvers (CO-SPONSORS) Brown; Perez; Zika
Protection of Vulnerable Investors: Requires securities dealers, investment advisers, & associated persons to report knowledge or suspicion of abuse, neglect, or exploitation of vulnerable adults to DCF; authorizes dealers & investment advisers to delay certain disbursements or transactions based on reasonable belief of financial exploitation of specified adult; requires dealer or investment adviser to notify certain persons & OFR of such delays within specified timeframe; authorizes dealer or investment adviser to extend delay; provides that length of such delays may be shortened or extended by court of competent jurisdiction; provides immunity from administrative & civil liability for dealers, investment advisers, & associated persons; requires dealers & investment advisers to develop certain training policies or programs & maintain written records of compliance.
Effective Date: July 1, 2020
Last Event: Chapter No. 2020-157 on Wednesday, July 1, 2020 3:18 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 1672 Subject: Protection of Vulnerable Investors Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 7/2/2020 2:31:45 PM
Chamber: House Committee: Final Bill Analysis 3/16/2020 8:52:16 AM
Chamber: House Committee: Commerce Committee 2/10/2020 9:32:20 AM
Chamber: House Committee: Commerce Committee 2/4/2020 4:03:48 PM
Chamber: House Committee: Children, Families & Seniors Subcommittee 1/29/2020 11:43:02 AM
Chamber: House Committee: Children, Families & Seniors Subcommittee 1/28/2020 10:58:31 AM
Chamber: House Committee: Insurance & Banking Subcommittee 1/16/2020 5:31:16 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/13/2020 4:06:24 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 02/20/2020 01:44 PM   Yeas: 118 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 451] Barcode:
Chamber: Senate Date: 03/12/2020 10:21 AM   Yeas: 38 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 11] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2020-157 Time: 07/01/2020 - 3:18 PM Member: Committee: Version: er
Event: Approved by Governor Time: 06/30/2020 - 8:41 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/17/2020 - 10:42 AM Member: Committee: Version: er
Event: H Ordered enrolled Time: 03/12/2020 - 10:59 AM Member: Committee: Version: c2
Event: H In Messages Time: 03/12/2020 - 10:59 AM Member: Committee: Version: c2
Event: S CS passed; YEAS 38 NAYS 0 -SJ 731 Time: 03/12/2020 - 10:22 AM Member: Committee: Version: c2
Event: S Read 3rd time -SJ 731 Time: 03/12/2020 - 10:21 AM Member: Committee: Version: c2
Event: S Placed on 3rd reading Time: 03/11/2020 - 5:31 PM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 699 Time: 03/11/2020 - 5:31 PM Member: Committee: Version: c2
Event: S Substituted for CS/SB 1672 -SJ 699 Time: 03/11/2020 - 5:31 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading Time: 03/11/2020 - 5:31 PM Member: Committee: Version: c2
Event: S Withdrawn from Banking and Insurance; Judiciary; Rules -SJ 699 Time: 03/11/2020 - 5:31 PM Member: Committee: Banking and Insurance Version: c2
Event: S Received -SJ 366 Time: 03/02/2020 - 3:48 PM Member: Committee: Version: c2
Event: S Referred to Banking and Insurance; Judiciary; Rules -SJ 366 Time: 02/27/2020 - 4:41 PM Member: Committee: Banking and Insurance Version: c2
Event: H Message sent to senate Time: 02/26/2020 - 5:08 PM Member: Committee: Version: c2
Event: S In Messages Time: 02/26/2020 - 4:35 PM Member: Committee: Version: c2
Event: H CS passed; YEAS 118, NAYS 0 Time: 02/20/2020 - 1:44 PM Member: Committee: Version: c2
Event: H Read 3rd time Time: 02/20/2020 - 1:43 PM Member: Committee: Version: c2
Event: H Added to Third Reading Calendar Time: 02/19/2020 - 6:23 PM Member: Committee: Version: c2
Event: H Placed on 3rd reading Time: 02/19/2020 - 2:13 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 02/19/2020 - 2:13 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (2/19/2020) Time: 02/13/2020 - 4:07 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 02/11/2020 - 3:59 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 02/11/2020 - 3:59 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 02/10/2020 - 5:27 PM Member: Committee: Version: c2
Event: H CS Filed Time: 02/10/2020 - 9:38 AM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.18(a) Time: 02/10/2020 - 9:38 AM Member: Committee: Version: c1
Event: H Reported out of Commerce Committee Time: 02/10/2020 - 9:33 AM Member: Committee: Commerce Committee Version: c1
Event: H Favorable with CS by Commerce Committee Time: 02/06/2020 - 2:50 PM Member: Committee: Commerce Committee Version: c1
Event: H Added to Commerce Committee agenda Time: 02/04/2020 - 3:57 PM Member: Committee: Commerce Committee Version: c1
Event: H Now in Commerce Committee Time: 01/29/2020 - 1:18 PM Member: Committee: Commerce Committee Version: c1
Event: H Reported out of Children, Families & Seniors Subcommittee Time: 01/29/2020 - 1:18 PM Member: Committee: Children, Families & Seniors Subcommittee Version: c1
Event: H Favorable by Children, Families & Seniors Subcommittee Time: 01/29/2020 - 10:53 AM Member: Committee: Children, Families & Seniors Subcommittee Version: c1
Event: H Added to Children, Families & Seniors Subcommittee agenda Time: 01/27/2020 - 4:07 PM Member: Committee: Children, Families & Seniors Subcommittee Version: c1
Event: H Now in Children, Families & Seniors Subcommittee Time: 01/20/2020 - 2:20 PM Member: Committee: Children, Families & Seniors Subcommittee Version: c1
Event: H Referred to Commerce Committee Time: 01/20/2020 - 2:20 PM Member: Committee: Commerce Committee Version: c1
Event: H Referred to Children, Families & Seniors Subcommittee Time: 01/20/2020 - 2:20 PM Member: Committee: Children, Families & Seniors Subcommittee Version: c1
Event: H 1st Reading Time: 01/16/2020 - 9:54 PM Member: Committee: Version: c1
Event: H CS Filed Time: 01/16/2020 - 5:39 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 01/16/2020 - 5:39 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 01/16/2020 - 5:31 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 01/15/2020 - 6:29 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/14/2020 - 11:19 PM Member: Committee: Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 01/13/2020 - 4:04 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 12/16/2019 - 3:10 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 12/16/2019 - 3:10 PM Member: Committee: Commerce Committee Version: __
Event: H Referred to Children, Families & Seniors Subcommittee Time: 12/16/2019 - 3:10 PM Member: Committee: Children, Families & Seniors Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 12/16/2019 - 3:10 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 11/26/2019 - 11:52 AM Member: McClure Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
415.1034 CS/SB 1672
517.34 CS/SB 1672