Florida House Bill 167 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 14 2013 - 25% progression, died in chamber
Action: 2013-04-29 - Laid on Table, companion bill(s) passed, see CS/CS/SB 166 (Ch. 2013-163)
Text: Latest bill text (Comm Sub) [PDF]

Provides that recommendations relating to annuities made by insurer or its agents apply to all consumers not just senior consumers; revises & provides definitions; revises duties of insurers & agents; provides that recommendations must be based on consumer suitability information; revises information relating to annuities that must be provided by insurer or its agent to consumer; revises requirements for monitoring contractors that provide certain functions for insurer relating to insurer's system for supervising recommendations; revises provisions relating to relationship between act & federal Financial Industry Regulatory Authority; prohibits specified charges for annuities issued to persons 65 years of age or older; increases period that unconditional refund must remain available with respect to certain annuity contracts; makes such unconditional refunds available to all prospective annuity contract buyers without regard to buyer's age; revises requirements for cover pages of annuity contracts.

Annuities

Rep. Mike Fasano [R]

House Insurance and Banking Subcommittee

Sen. Douglas Broxson [R]

Date	Chamber	Action
2013-04-29	House	Laid on Table, companion bill(s) passed, see CS/CS/SB 166 (Ch. 2013-163)
2013-04-29	House	Substituted CS/CS/SB 166
2013-04-26	House	Placed on Special Order Calendar, 04/29/13
2013-03-14	House	Placed on Calendar
2013-03-14	House	Favorable by- Regulatory Affairs Committee; YEAS 15 NAYS 0
2013-03-12	House	On Committee agenda-- Regulatory Affairs Committee, 03/14/13, 1:30 pm, 404 HOB
2013-03-07	House	Now in Regulatory Affairs Committee
2013-03-07	House	Favorable by Government Operations Appropriations Subcommittee; YEAS 11 NAYS 0
2013-03-05	House	CS by Insurance and Banking Subcommittee read 1st time
2013-03-05	House	On Committee agenda-- Government Operations Appropriations Subcommittee, 03/07/13, 1:00 pm, Morris Hall
2013-03-05	House	Introduced
2013-02-21	House	Now in Government Operations Appropriations Subcommittee
2013-02-19	House	Pending review of CS under Rule 7.19(c)
2013-02-13	House	CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0
2013-02-06	House	On Committee agenda-- Insurance and Banking Subcommittee, 02/13/13, 9:00 am, 404 HOB
2013-01-23	House	Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee
2013-01-14	House	Filed

S0166 (Similar To) 2013-06-17 - Chapter No. 2013-163

Chapter	Article	Section	Citation Type	Statute Text
626	99		Amended Code	See Bill Text
627	4554		Amended Code	See Bill Text

Type	Source
Summary	http://www.flsenate.gov/Session/Bill/2013/167
Text	http://www.flsenate.gov/Session/Bill/2013/0167/BillText/Filed/PDF
Text	http://www.flsenate.gov/Session/Bill/2013/0167/BillText/c1/PDF
Amendment	http://www.flsenate.gov/Session/Bill/2013/0167/Amendment/534457/PDF
Amendment	http://www.flsenate.gov/Session/Bill/2013/0167/Amendment/791359/PDF
Amendment	http://www.flsenate.gov/Session/Bill/2013/0167/Amendment/761815/PDF
Amendment	http://www.flsenate.gov/Session/Bill/2013/0167/Amendment/845709/PDF
Amendment	http://www.flsenate.gov/Session/Bill/2013/0167/Amendment/036261/PDF
Amendment	http://www.flsenate.gov/Session/Bill/2013/0167/Amendment/872695/PDF
Amendment	http://www.flsenate.gov/Session/Bill/2013/0167/Amendment/255767/PDF