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FL H1029
Bill
Status
Failed
5/5/2017
Primary Sponsor
Commerce Committee
Click for details
AI Summary
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Amends Florida Statutes section 626.9541 to permit licensed insurers and their agents to give advertising and promotional items valued at $100 or less per customer within one calendar year (previously limited to $25 per item).
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Allows licensed insurers and agents to make charitable contributions, as defined in Internal Revenue Code section 170(c), up to $100 per calendar year on behalf of each insured or prospective insured.
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Extends the same promotional item allowance ($25 value limit) to title insurance agents, title insurance agencies, and title insurers for advertising purposes.
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Effective date is July 1, 2017.
Legislative Description
Unfair Insurance Trade Practices
Last Action
Died in Banking and Insurance
5/5/2017
Committee Referrals
Banking and Insurance4/25/2017
Commerce Committee3/28/2017
Insurance And Banking Subcommittee3/6/2017
Full Bill Text
No bill text available