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 30+ years of experience in print and online media. He is currently an editor and production manager at Extensive Enterprises Media. Reach him on Twitter @PhilAmmann.



#FlaPol

Florida Politics is a statewide, new media platform covering campaigns, elections, government, policy, and lobbying in Florida. This platform and all of its content are owned by Extensive Enterprises Media.

Publisher: Peter Schorsch @PeterSchorschFL

Contributors & reporters: Phil Ammann, Drew Dixon, Roseanne Dunkelberger, A.G. Gancarski, Ryan Nicol, Jacob Ogles, Cole Pepper, Jesse Scheckner, Drew Wilson, and Mike Wright.

Email: [email protected]
Twitter: @PeterSchorschFL
Phone: (727) 642-3162
Address: 204 37th Avenue North #182
St. Petersburg, Florida 33704