Loading chat...

FL S0634

Bill

Official Source

Status

Introduced

1/26/2011

Primary Sponsor

David Simmons

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Repeals section 215.55951, Florida Statutes, which prohibited Citizens Property Insurance Corporation from using certain amendments or transfers of funds for rate or assessment increase purposes.

  • Removes an obsolete statutory prohibition that had previously restricted the corporation's financial practices related to rate adjustments.

  • Effective date of July 1, 2011.

Legislative Description

Citizens Property Ins. Corp./Prohibited Activities

Last Action

Read 2nd time -SJ 361

4/6/2011

Committee Referrals

Community Affairs2/23/2011
Banking and Insurance2/9/2011

Full Bill Text

No bill text available