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FL H1029

Bill

Status

Failed

5/5/2017

Primary Sponsor

Commerce Committee

Click for details

Origin

House of Representatives

2017 Regular Session

AI Summary

  • 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).

  • 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.

  • Extends the same promotional item allowance ($25 value limit) to title insurance agents, title insurance agencies, and title insurers for advertising purposes.

  • 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