Action Packet - Insurance & Banking Subcommittee (February 17, 2021)
Summary
Action packet for the Insurance & Banking Subcommittee meeting on Wednesday, February 17, 2021, at 10:00 am, with a committee meeting report and a committee amendment. The report records HB 425 (Disposition of Unclaimed Property) as Favorable With Committee Substitute, Yeas: 18, Nays: 0, with Amendment 479313 adopted, and HB 467 (Insurance Adjuster Examination Requirements) as Favorable, Yeas: 17, Nays: 0. Meredith Stanfield of the Department of Financial Services is listed as waiving in support on HB 425, and Mary Linzee Branham and Ash C. Williams are listed for a Florida Hurricane Catastrophe Fund Update. The amendment, offered by Representative Clemons, adds that a claim is void if proof of payment is not provided for a Uniform Unclaimed Property Purchase Agreement form.
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“Action Packet - Insurance & Banking Subcommittee (February 17, 2021).”
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Insurance & Banking Subcommittee
Wednesday, February 17, 2021
10:00 AM - 12:00 PM
Morris Hall (17 HOB)
Action Packet
Chris Sprowls Nick DiCeglie
Speaker Chair
COMMITTEE MEETING REPORT
Insurance & Banking Subcommittee
2/17/2021 10:00AM
Location: Morris Hall (17 HOB)
Summary:
Insurance & Banking Subcommittee
Wednesday February 17, 2021 10:00 am
HB 425 Favorable With Committee Substitute Yeas: 18 Nays: 0
Amendment 479313 Adopted
HB 467 Favorable Yeas: 17 Nays: 0
Committee meeting was reported out: Wednesday, February 17, 2021 1:21PM
Print Date: 02/17/2021 01:21 pm Leagis ® Page 1 of 5
COMMITTEE MEETING REPORT
Insurance & Banking Subcommittee
2/17/2021 10:00AM
Location: Morris Hall (17 HOB)
Attendance:
Present Absent Excused
Nick DiCeglie (Chair) X
Webster Barnaby X
Mike Beltran X
Kamia Brown X
Fentrice Driskell X
Tom Fabricio X
Elizabeth Fetterhoff X
Brett Hage X
Omari Hardy X
Traci Koster X
Michele Rayner X
William Robinson X
Carlos Smith X
David Smith X
John Snyder X
Jackie Toledo X
Matt Willhite X
Ardian Zika X
Totals: 18 0 0
Committee meeting was reported out: Wednesday, February 17, 2021 1:21PM
Print Date: 02/17/2021 01:21 pm Leagis ® Page 2 of 5
COMMITTEE MEETING REPORT
Insurance & Banking Subcommittee
2/17/2021 10:00AM
Location: Morris Hall (17 HOB)
HB 425 : Disposition of Unclaimed Property
X Favorable With Committee Substitute
Yea Nay No Vote Absentee Absentee
Yea Nay
Webster Barnaby X
Mike Beltran X
Kamia Brown X
Fentrice Driskell X
Tom Fabricio X
Elizabeth Fetterhoff X
Brett Hage X
Omari Hardy X
Traci Koster X
Michele Rayner X
William Robinson X
Carlos Smith X
David Smith X
John Snyder X
Jackie Toledo X
Matt Willhite X
Ardian Zika X
Nick DiCeglie (Chair) X
Total Yeas: 18 Total Nays: 0
HB 425 Amendments
Amendment 479313
X Adopted
Appearances:
Disposition of Unclaimed Property
Meredith Stanfield (Lobbyist) (State Employee) - Waive In Support
Department of Financial Services
200 E. Gaines St.,
Tallahassee, Florida 32399
Phone: (850) 545-4693
Committee meeting was reported out: Wednesday, February 17, 2021 1:21PM
Print Date: 02/17/2021 01:21 pm Leagis ® Page 3 of 5
COMMITTEE MEETING REPORT
Insurance & Banking Subcommittee
2/17/2021 10:00AM
Location: Morris Hall (17 HOB)
HB 467 : Insurance Adjuster Examination Requirements
X Favorable
Yea Nay No Vote Absentee Absentee
Yea Nay
Webster Barnaby X
Mike Beltran X
Kamia Brown X
Fentrice Driskell X
Tom Fabricio X
Elizabeth Fetterhoff X
Brett Hage X
Omari Hardy X
Traci Koster X
Michele Rayner X
William Robinson X
Carlos Smith X
David Smith X
John Snyder X
Jackie Toledo X
Matt Willhite X
Ardian Zika X
Nick DiCeglie (Chair) X
Total Yeas: 17 Total Nays: 0
Committee meeting was reported out: Wednesday, February 17, 2021 1:21PM
Print Date: 02/17/2021 01:21 pm Leagis ® Page 4 of 5
COMMITTEE MEETING REPORT
Insurance & Banking Subcommittee
2/17/2021 10:00AM
Location: Morris Hall (17 HOB)
Presentation/Workshop/Other Business Appearances:
Florida Hurricane Catastrophe Fund Update
Branham, Mary Linzee (At Request Of Chair) - Information Only
Florida Hurricane Catastrophe Fund
Director of Legal and Risk Operations
1801 Hermitage Blvd., Suite 100
Tallahassee, Florida 32308
Phone: (850) 413-1342
Florida Hurricane Catastrophe Fund Update
Williams, Ash C. (At Request Of Chair) - Information Only
State Board of Administration
Executive Director and Chief Investment Officer
1801 Hermitage Blvd., Suite 100
Tallahassee, Florida 32317
Phone: (850) 413-1255
Committee meeting was reported out: Wednesday, February 17, 2021 1:21PM
Print Date: 02/17/2021 01:21 pm Leagis ® Page 5 of 5
COMMITTEE/SUBCOMMITTEE AMENDMENT
Bill No. HB 425 (2021)
Amendment No. 1
COMMITTEE/SUBCOMMITTEE ACTION
ADOPTED X (Y/N)
ADOPTED AS AMENDED (Y/N)
ADOPTED W/O OBJECTION (Y/N)
FAILED TO ADOPT (Y/N)
WITHDRAWN (Y/N)
OTHER
1 Committee/Subcommittee hearing bill: Insurance & Banking
2 Subcommittee
3 Representative Clemons offered the following:
4
5 Amendment
6 Remove lines 301-304 and insert:
7 (3) For a Uniform Unclaimed Property Purchase Agreement
8 form, proof that the seller has received payment must be filed
9 with the department along with the claim. If proof of payment is
10 not provided, the claim is void.
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Published On: 2/16/2021 7:19:05 PM
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