Florida House Bill 379 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on March 9 2012 - 100% progression
Action: 2012-03-09 - Died in Banking and Insurance, companion bill(s) passed, see CS/CS/HB 1101 (Ch.
Text: Latest bill text (Engrossed) [PDF]

Expands kinds of insurance for which captive insurer may seek licensure; limits risks certain captive insurers may insure; specifies requirements & conditions relating to captive insurer's authority to conduct business; requires before licensure captive insurers must file or submit to OIR specified information, documents, & statements; requires captive insurance company to file specific evidence with office relating to financial condition & quality of management & operations of company; specifies fees to be paid by captive insurance or reinsurance companies; authorizes Commissioner of Insurance Regulation to grant captive insurance company license to conduct insurance business until specified date; authorizes foreign or alien captive insurance company to become domestic captive insurance company by complying with requirements; authorizes office to waive requirements for public hearings relating to redomestication of alien captive insurance company; specifies industrial insured captive insurance companies are not required to be incorporated in this state; requires biographical affidavits, background investigations, & fingerprint cards for all officers & directors; provides restrictions on officers & directors involved with insolvent insurers.

Captive Insurance

House Economic Affairs Committee

Rep. Mike Horner [R]

House Insurance and Banking Subcommittee

Rep. Jeanette Nunez [R]

2012-02-23 - House - House: Third Reading RCS#871 (Y: 115 N: 0 NV: 5 Abs: 0) [PASS]

Date	Chamber	Action
2012-03-09		Died in Banking and Insurance, companion bill(s) passed, see CS/CS/HB 1101 (Ch.
2012-03-05		Referred to Banking and Insurance; Budget Subcommittee on General Government Appropriations; Budget -SJ 841
2012-03-05		Received -SJ 841
2012-02-24		In Messages
2012-02-23		CS passed as amended; YEAS 115 NAYS 0 -HJ 777
2012-02-23		Read 3rd time -HJ 776
2012-02-22		Placed on 3rd reading
2012-02-22		Read 2nd time -HJ 726
2012-02-20		Placed on Special Order Calendar, 02/22/12
2012-01-23		CS/CS by Economic Affairs Committee read 1st time -HJ 242
2012-01-23		Placed on Calendar -HJ 246
2012-01-20		Pending review of CS -under Rule 7.19(c)
2012-01-12		CS/CS by- Economic Affairs Committee; YEAS 15 NAYS 0 -HJ 248
2012-01-10		CS by Insurance and Banking Subcommittee read 1st time -HJ 165
2012-01-10		Introduced -HJ 38
2011-12-09		Now in Economic Affairs Committee -HJ 169
2011-12-09		Original reference(s) removed: Finance and Tax Committee
2011-12-07		Pending review of CS under Rule 7.19(c)
2011-11-16		CS by Insurance and Banking Subcommittee; YEAS 15 NAYS 0 -HJ 176
2011-11-09		On Committee agenda-- Insurance and Banking Subcommittee, 11/16/11, 8:00 am, 404 HOB
2011-10-28		Referred to Insurance and Banking Subcommittee; Finance and Tax Committee; Economic Affairs Committee -HJ 38
2011-10-17		Filed

Chapter	Article	Section	Citation Type	Statute Text
626	7491		Amended Code	See Bill Text
628	901		Amended Code	See Bill Text
628	903		Amended Code	See Bill Text
628	905		Amended Code	See Bill Text
628	906		Amended Code	See Bill Text
628	907		Amended Code	See Bill Text
628	908		Amended Code	See Bill Text
628	909		Amended Code	See Bill Text
628	910		Amended Code	See Bill Text
628	911		Amended Code	See Bill Text
628	912		Amended Code	See Bill Text
628	913		Amended Code	See Bill Text
628	914		Amended Code	See Bill Text
628	9141		Amended Code	See Bill Text
628	9142		Amended Code	See Bill Text
628	918		Amended Code	See Bill Text
628	919		Amended Code	See Bill Text
628	920		Amended Code	See Bill Text

Type	Source
Summary	http://www.flsenate.gov/Session/Bill/2012/379
Text	http://www.flsenate.gov/Session/Bill/2012/0379/BillText/Filed/HTML
Text	http://www.flsenate.gov/Session/Bill/2012/0379/BillText/c1/HTML
Text	http://www.flsenate.gov/Session/Bill/2012/0379/BillText/c2/PDF
Text	http://www.flsenate.gov/Session/Bill/2012/0379/BillText/e1/PDF
Roll Call	http://www.flsenate.gov/Session/Bill/2012/379/Vote/HouseVote_h0379e1871.PDF