CS/CS/SB 902 -  Motor Vehicle Retail Financial Agreements

General Bill by Commerce and Tourism and Banking and Insurance and Boyd
Motor Vehicle Retail Financial Agreements: Revising the definition of the term “guaranteed asset protection product”; requiring entities to refund the portions of the purchase price of the contract for a guaranteed asset protection product under certain circumstances; creating the "Florida Vehicle Value Protection Agreements Act"; authorizing the offer, sale, or gift of vehicle value protection agreements in compliance with a certain act, etc.
Effective Date: 10/01/2024
Last Event: 05/07/24 Chapter No. 2024-142 on Tuesday, May 7, 2024 12:39 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 01/16/24 11:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 10   Nays 0
  • Commerce and Tourism
    • On agenda for: 01/30/24 9:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 5   Nays 0
  • Fiscal Policy
    • On agenda for: 02/15/24 12:00 PM
    • Favorable (final action) Votes: Yeas 17   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/HB 605 Subject: Asset Protection Products Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Fiscal Policy 2/16/2024 10:04:00 AM
Chamber: Senate Committee: Fiscal Policy 2/13/2024 1:46:06 PM
Chamber: Senate Committee: Commerce and Tourism 1/30/2024 5:09:13 PM
Chamber: Senate Committee: Commerce and Tourism 1/29/2024 9:02:27 AM
Chamber: Senate Committee: Banking and Insurance 1/18/2024 10:33:55 AM
Chamber: Senate Committee: Banking and Insurance 1/12/2024 10:58:33 AM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: Senate Date: 02/28/2024 11:19 AM   Yeas: 40 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 17] Barcode:
Chamber: House Date: 03/05/2024 12:28 PM   Yeas: 113 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 861] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2024-142 Time: 05/07/2024 - 12:39 PM Member: Committee: Version: er
Event: Approved by Governor Time: 05/06/2024 - 6:57 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 04/22/2024 - 9:24 AM Member: Committee: Version: er
Event: S Ordered enrolled Time: 03/05/2024 - 12:55 PM Member: Committee: Version: c2
Event: H Message sent to senate Time: 03/05/2024 - 12:52 PM Member: Committee: Version: c2
Event: H CS passed; YEAS 113, NAYS 0 Time: 03/05/2024 - 12:28 PM Member: Committee: Version: c2
Event: H Read 3rd time Time: 03/05/2024 - 12:28 PM Member: Committee: Version: c2
Event: H Added to Third Reading Calendar Time: 03/04/2024 - 3:32 PM Member: Committee: Version: c2
Event: H Placed on 3rd reading Time: 03/04/2024 - 2:02 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 03/04/2024 - 2:01 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 03/01/2024 - 9:20 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (3/4/2024) Time: 03/01/2024 - 6:29 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 03/01/2024 - 6:06 PM Member: Committee: Version: c2
Event: H In Messages Time: 02/28/2024 - 12:15 PM Member: Committee: Version: c2
Event: S CS passed; YEAS 40 NAYS 0 -SJ 497 Time: 02/28/2024 - 11:19 AM Member: Committee: Version: c2
Event: S Read 3rd time -SJ 497 Time: 02/28/2024 - 11:19 AM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 496 Time: 02/28/2024 - 11:18 AM Member: Committee: Version: c2
Event: S Placed on Special Order Calendar, 02/28/24 Time: 02/26/2024 - 8:02 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading Time: 02/16/2024 - 11:12 AM Member: Committee: Fiscal Policy Version: c2
Event: S Favorable by- Fiscal Policy; YEAS 17 NAYS 0 Time: 02/15/2024 - 6:53 PM Member: Committee: Fiscal Policy Version: c2
Event: S On Committee agenda-- Fiscal Policy, 02/15/24, 12:00 pm, 412 Knott Building Time: 02/12/2024 - 3:02 PM Member: Committee: Fiscal Policy Version: c2
Event: S CS/CS by Commerce and Tourism read 1st time Time: 02/01/2024 - 5:58 PM Member: Committee: Commerce and Tourism Version: c2
Event: S Now in Fiscal Policy Time: 02/01/2024 - 9:59 AM Member: Committee: Fiscal Policy Version: c2
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 01/31/2024 - 8:45 AM Member: Committee: Commerce and Tourism Version: c2
Event: S CS/CS by Commerce and Tourism; YEAS 5 NAYS 0 Time: 01/30/2024 - 11:18 AM Member: Committee: Commerce and Tourism Version: c1
Event: S On Committee agenda-- Commerce and Tourism, 01/30/24, 9:00 am, 110 Senate Building Time: 01/25/2024 - 3:14 PM Member: Committee: Commerce and Tourism Version: c1
Event: S CS by Banking and Insurance read 1st time Time: 01/18/2024 - 4:30 PM Member: Committee: Banking and Insurance Version: c1
Event: S Now in Commerce and Tourism Time: 01/18/2024 - 1:20 PM Member: Committee: Commerce and Tourism Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 01/18/2024 - 12:22 PM Member: Committee: Banking and Insurance Version: __
Event: S CS by Banking and Insurance; YEAS 10 NAYS 0 Time: 01/16/2024 - 12:42 PM Member: Committee: Banking and Insurance Version: __
Event: S On Committee agenda-- Banking and Insurance, 01/16/24, 11:00 am, 412 Knott Building Time: 01/11/2024 - 3:05 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced Time: 01/09/2024 - 9:37 AM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Commerce and Tourism; Fiscal Policy Time: 01/04/2024 - 6:08 PM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 12/13/2023 - 9:58 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
520.02 CS/CS/HB 605
520.07 CS/CS/HB 605
520.151 CS/CS/HB 605
520.152 CS/CS/HB 605
520.153 CS/CS/HB 605
520.154 CS/CS/HB 605
520.155 CS/CS/HB 605
520.156 CS/CS/HB 605
520.157 CS/CS/HB 605

(*) Not the latest version