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FL H1011

Bill

Status

Failed

4/30/2010

Primary Sponsor

Scott Plakon

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Removes the requirement that both the Governor and Chief Financial Officer must vote on the prevailing side to appoint or remove the Director of the Office of Insurance Regulation and Director of the Office of Financial Regulation
  • Requires the Financial Services Commission to reconfirm appointments of both directors every 2 years in accordance with Article IV, Section 6(a) of the State Constitution
  • Maintains the minimum qualifications for both director positions, requiring 5 years of relevant private sector or senior regulatory experience within the previous 10 years
  • Takes effect July 1, 2010

Legislative Description

Department of Financial Services

Last Action

Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)

4/30/2010

Committee Referrals

Insurance, Business & Financial Affairs Policy2/25/2010

Full Bill Text

No bill text available