Action Packet - Insurance & Banking Subcommittee (December 1, 2021)
Summary
Action packet for the Insurance & Banking Subcommittee meeting of Wednesday, December 1, 2021 at Morris Hall. The summary reports HB 123 (Consumer Finance Loans) and HB 273 (Money Services Businesses) each Favorable With Committee Substitute with Yeas: 14, and Amendment 972423 and Amendment 305601 Adopted Without Objection. Appearances on HB 123 were Edda Fernandez of AARP and Scott Jenkins of the Florida Financial Services Association, both waiving in support, and Alex Anderson of the Office of Insurance Regulation, information only. Russell Weigel of the Office of Financial Regulation waived in support on HB 273.
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“Action Packet - Insurance & Banking Subcommittee (December 1, 2021).”
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Insurance & Banking Subcommittee
Wednesday, December 1, 2021
11 :00 AM - 12:30 PM
Morris Hall (17 HOB)
Action Packet
Chris Sprowls Nick DiCeglie
Speaker Chair
COMMITTEE MEETING REPORT
Insurance & Banking Subcommittee
12/1/2021 11:00AM
Location: Morris Hall (17 HOB)
Summary:
Insurance & Banking Subcommittee
Wednesday December 01, 2021 11 :00 am
HB 123 Favorable With Committee Substitute Yeas: 14 Nays: O
Amendment 972423 Adopted Without Objection
HB 273 Favorable With Committee Substitute Yeas: 14 Nays: 0
Amendment 305601 Adopted Without Objection
Committee meeting was reported out: Wednesday, December 01, 2021 12:29PM
Print Date: 12/01/2021 12:29 pm Leagls ® Page 1 of 5
COMMITTEE MEETING REPORT
Insurance & Banking Subcommittee
12/1/2021 11:00AM
Location: Morris Hall (17 HOB)
Attendance:
Present Absent Excused
Nick DiCeglie (Chair) X
Webster Barnaby X
Kamia Brown X
Fentrice Driskell X
Tom Fabricio X
Elizabeth Fetterhoff X
Mike Giallombardo X
Brett Hage X
Omari Hardy X
Evan Jenne X
Traci Koster X
Randall Maggard X
Michele Rayner X
David Smith X
John Snyder X
Jackie Toledo X
Matt Willhite X
Ardian Zika X
Totals: 14 0 4
Committee meeting was reported out: Wednesday, December 01, 2021 12:29PM
Print Date: 12/01/2021 12:29 pm Leagls ® Page 2 of 5
COMMITTEE MEETING REPORT
Insurance & Banking Subcommittee
12/1/2021 11:00AM
Location: Morris Hall (17 HOB)
HB 123 : Consumer Finance Loans
0 Favorable With Committee Substitute
Yea Nay No Vote Absentee Absentee
Yea Nay
Webster Barnaby X
Kamia Brown X
Fentrice Driskell X
Tom Fabricio X
Elizabeth Fetterhoff X
Mike Giallombardo X
Brett Hage X
Omari Hardy X
Evan Jenne X
Traci Koster X
Randall Maggard X
Michele Rayner X
David Smith X
John Snyder X
Jackie Toledo X
Matt Willhite X
Ardian Zika X
Nick DiCeglie (Chair) X
Total Yeas: 14 Total Nays: O
HB 123 Amendments
Amendment 972423
0 Adopted Without Objection
Appearances:
Consumer Finance Loans
Fernandez, Edda (Lobbyist) (Lobbyist Appearance Form Submitted) - Waive In Support
AARP
Associate State Director
215 S. Monroe St, Suite # 603
Tallahassee, Florida
Phone: (786) 804-4508
Consumer Finance Loans
Jenkins, Scott (Lobbyist) - Waive In Support
Florida Financial Services Association
Executive Director
201 East Park Avenue, Suite 200B
Tallahassee, Florida 32301
Phone: (850) 661-0829
Committee meeting was reported out: Wednesday, December 01, 2021 12:29PM
Print Date: 12/01/2021 12:29 pm Leagls ® Page 3 of 5
COMMITTEE MEETING REPORT
Insurance & Banking Subcommittee
12/1/2021 11:00AM
Location: Morris Hall (17 HOB)
HB 123: Consumer Finance Loans (continued)
Appearances: (continued)
Consumer Finance Loans
Alex Anderson (Lobbyist) (State Employee) - Information Only
Office of Insurance Regulation
Legislative Affairs Director
101 E. Gaines St.
Tallahassee, Florida 32399
Committee meeting was reported out: Wednesday, December 01, 2021 12:29PM
Print Date: 12/01/2021 12:29 pm Leagls ® Page 4 of 5
COMMITTEE MEETING REPORT
Insurance & Banking Subcommittee
12/1/2021 11:00AM
Location: Morris Hall (17 HOB)
HB 273 : Money Services Businesses
0 Favorable With Committee Substitute
Yea Nay No Vote Absentee Absentee
Yea Nay
Webster Barnaby X
Kamia Brown X
Fentrice Driskell X
Tom Fabricio X
Elizabeth Fetterhoff X
Mike Giallombardo X
Brett Hage X
Omari Hardy X
Evan Jenne X
Traci Koster X
Randall Maggard X
Michele Rayner X
David Smith X
John Snyder X
Jackie Toledo X
Matt Willhite X
Ardian Zika X
Nick DiCeglie (Chair) X
Total Yeas: 14 Total Nays: 0
HB 273 Amendments
Amendment 305601
0 Adopted Without Objection
Appearances:
Money Services Businesses
Weigel, Russell (Lobbyist) (State Employee) (Lobbyist Appearance Form Submitted) - Waive In Support
Office of Financial Regulation
200 E Gaines St Suite 118, The Fletcher Building
Tallahassee, Florida
Phone: (850)410-9678
Committee meeting was reported out: Wednesday, December 01, 2021 12:29PM
Print Date: 12/01/2021 12:29 pm Leagls ® Page 5 of s
•
COMMITTEE/SUBCOMMITTEE AMENDMENT
Bill No. HB 123 (2022)
Amendment No. 1
COMMITTEE/SUBCOMMITTEE ACTION
ADOPTED (Y/N)
ADOPTED AS AMENDED (Y/N)
ADOPTED W/0 OBJECTION /tY/N)
FAILED TO ADOPT (Y/N)
WITHDRAWN (Y/N)
OTHER
1 Committee/Subcommittee hearing bill: Insurance & Banking
2 Subcommittee
.4 3
5
Representative Stevenson offered the following:
Amendment
6 Remove line 88 and insert:
7 655. 005 ( 1) ( i) . The letter of credit must be issued by a
8 financial institution, as defined in s. 655. 005 ( 1) ( i) .
972423 - h123-line 88.docx
•
Published On: 11/30/2021 2:50:34 PM
Page 1 of 1
•
COMMITTEE/SUBCOMMITTEE AMENDMENT
Bill No. HB 273 (2022)
Amendment No. 1
COMMITTEE/SUBCOMMITTEE ACTION
ADOPTED (Y/N)
ADOPTED AS AMENDED -}YIN)
ADOPTED W/0 OBJECTION JL"'(Y/N)
FAILED TO ADOPT (Y/N)
WITHDRAWN (Y/N)
OTHER
1 Committee/Subcommittee hearing bill: Insurance & Banking
2 Subcommittee
.4 3
5
Representative Aloupis offered the following:
Amendment
6 Remove lines 139-141 and insert:
7 into or redeemed for currency or another medium of exchange.
305601 - h0273 - line 139.docx
•
Published On: 11/30/2021 2:54:50 PM
Page 1 of 1
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