2025 Regular SessionFlorida Legislature

S1612: Financial Services

Legislative Summary

Revising the conditions for insurance coverage to be eligible for export; requiring state financial institutions to pay a semiannual assessment for specified time periods; authorizing the office to issue a specified certificate under certain circumstances; authorizing certain elected officers, directors, or committee members of a credit union to be reimbursed for certain expenses, etc.

Demographic Impact

Overall analysis of equity impact

Neutral
Low Confidence

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Bill History

2/27/2025
Filed
Senate
3/6/2025
Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
Senate
3/10/2025
Introduced
Senate
3/12/2025
On Committee agenda-- Banking and Insurance, 03/17/25, 1:30 pm, 412 Knott Building
Senate
3/17/2025
CS by Banking and Insurance; YEAS 7 NAYS 0
Senate
3/19/2025
Pending reference review under Rule 4.7(2) - (Committee Substitute)
Senate
3/19/2025
Now in Appropriations Committee on Agriculture, Environment, and General Government
Senate
3/19/2025
CS by Banking and Insurance read 1st time
Senate
4/7/2025
On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 04/10/25, 11:00 am, 412 Knott Building
Senate
4/10/2025
Favorable by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 11 NAYS 0
Senate
4/10/2025
Now in Fiscal Policy
Senate
4/14/2025
On Committee agenda-- Fiscal Policy, 04/17/25, 9:00 am, 412 Knott Building
Senate
4/17/2025
CS/CS by- Fiscal Policy; YEAS 14 NAYS 3
Senate
4/21/2025
Pending reference review -under Rule 4.7(2) - (Committee Substitute)
Senate
4/22/2025
CS/CS by Fiscal Policy read 1st time
Senate
4/24/2025
Placed on Calendar, on 2nd reading
Senate

Amendments

Senate Committee Substitue Amendment #517760 Amendment (523462)

Replaced by Committee Substitute

3/17/2025Not Adopted

Senate Committee Amendment #523462

3/14/2025Not Adopted

Roll Call Votes

Senate Fiscal Policy
4/17/2025
14
Yea
3
Nay
0
Not Voting
2
Absent
Result: PASSED
Senate Appropriations Committee on Agriculture, Environment, and General Government
4/10/2025
11
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Senate Banking and Insurance
3/17/2025
7
Yea
0
Nay
0
Not Voting
3
Absent
Result: PASSED

Status Information

Current Status
Introduced(2/27/2025)
Chamber
Senate

Sponsors

Republican: 1

Primary Sponsor

Erin Grall
Erin Grall
Republican

Documents

Comm Sub
Bill Text4/21/202536.4 KB
Comm Sub
Bill Text3/19/202510.5 KB
Introduced
Bill Text2/27/202511.6 KB
Veto Letter
Veto Letter4/21/2025450.3 KB
Veto Letter
Veto Letter4/16/2025265.0 KB
Veto Letter
Veto Letter4/10/2025266.7 KB
Veto Letter
Veto Letter4/9/2025266.7 KB
Veto Letter
Veto Letter3/19/2025259.9 KB
Veto Letter
Veto Letter3/14/2025283.5 KB