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FL S0740
Bill
Status
Failed
4/30/2010
Primary Sponsor
Michael Bennett
Click for details
AI Summary
- Removes requirement that both the Governor and Chief Financial Officer must be on the prevailing side when the Financial Services Commission appoints or removes directors by majority vote
- Director of the Office of Insurance Regulation must have 5 years of responsible private sector experience or 5 years as a senior examiner/employee at a state or federal regulatory agency within the previous 10 years to qualify for appointment
- Director of the Office of Financial Regulation must have 5 years of responsible private sector experience or 5 years as a senior examiner/employee at a state or federal regulatory agency within the previous 10 years to qualify for appointment
- Commission must reconfirm the appointment of both the Director of Insurance Regulation and Director of Financial Regulation every 2 years in accordance with the State Constitution
- Effective date: July 1, 2010
Legislative Description
Financial Services Commission [CPSC]
Last Action
Died in Committee on Governmental Oversight and Accountability
4/30/2010
Committee Referrals
Governmental Oversight and Accountability3/22/2010
Banking and Insurance12/17/2009
Full Bill Text
No bill text available