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FL H0855

Bill

Status

Failed

4/30/2010

Primary Sponsor

Kevin Ambler

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Creates the Title Insurance Regulatory Trust Fund within the Department of Financial Services to receive all fees and charges collected from title insurers and title insurance agents under s. 637.2031

  • Directs trust fund moneys to be used solely for carrying out the department's title insurance regulatory responsibilities

  • Allows fund balances to remain in the trust fund at the end of each fiscal year rather than reverting to the general fund, making them available for trust fund purposes

  • Requires the trust fund to be reviewed under s. 215.3206 and terminates on July 1, 2014, unless terminated sooner

  • Takes effect October 1, 2010, contingent upon adoption and enactment of House Bill 853 or similar legislation in the same legislative session

Legislative Description

Title Insurance Regulatory Trust Fund/DFS

Last Action

Died in Criminal & Civil Justice Policy Council

4/30/2010

Committee Referrals

Criminal & Civil Justice Policy Council3/30/2010
Insurance, Business & Financial Affairs Policy2/10/2010

Full Bill Text

No bill text available