Florida 2023 2023 Regular Session

Florida Senate Bill S0418 Analysis / Analysis

Filed 05/02/2023

                    The Florida Senate 
HOUSE MESSAGE SUMMARY  
Prepared By: The Professional Staff of the Committee on Banking and Insurance 
 
 [2023s00418.hms.bi] 
BILL:  CS/CS/CS/SB 418 1st ENG 
INTRODUCER: Rules; Military and Veterans Affairs, Space, and Domestic Security; Banking 
and Insurance; Sen. Perry 
SUBJECT: Insurance 
DATE: May 2, 2023 
 
I.Amendments Contained in Message: 
House Amendment - 394669 
II.Summary of Amendments Contained in Message: 
House Amendment - 394669  
 
The House amendment exempts from the Florida Insurance Code any foreign pure captive 
insurance company that provides liability insurance for environmental liability and financial 
responsibility associated with underground storage tanks located in Florida.