Senate passes reforms for Department of Financial Services

LEGISLATURE

An amended version of a bill reforming several laws and policies at the Department of Financial Services passed the Senate unanimously. LobbyTools reports that HB 651 is now headed back to the House.

The bill, in part, creates a new grant program for volunteer fire departments and specifies that employees of state universities, special districts and water management districts can participate in the state’s deferred compensation program.

Amendments added by Sen. Alan Hays and Sen. Jeff Brandes are the reason the bill will be returned to the House. LobbyTools notes that Hays’ amendment seeks to push back to 2019 a repeal of the statute exempting medical malpractice insurance premiums from emergency assessments. That exemption was set to expire at the end of May. Brandes’ amendments made some minor tweaks to surplus lines and travel insurance regulation.

Phil Ammann

Phil Ammann is a Tampa Bay-area journalist, editor and writer. With more than three decades of writing, editing, reporting and management experience, Phil produced content for both print and online, in addition to founding several specialty websites, including HRNewsDaily.com. His broad range includes covering news, local government, entertainment reviews, marketing and an advice column. Phil has served as editor and production manager for Extensive Enterprises Media since 2013 and lives in Tampa with his wife, visual artist Margaret Juul. He can be reached on Twitter @PhilAmmann or at [email protected].



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