summary
Introduced
12/21/2023
12/21/2023
In Committee
01/04/2024
01/04/2024
Crossed Over
Passed
Dead
03/08/2024
03/08/2024
Introduced Session
2024 Regular Session
Bill Summary
An act relating to consumer protection; amending s. 212.134, F.S.; defining terms; revising requirements for payment settlement entities, or their electronic payment facilitators or contracted third parties, in submitting information returns to the Department of Revenue; specifying requirements for third party settlement organizations that conduct certain transactions; providing applicability; amending s. 489.147, F.S.; defining the term “residential property owner”; authorizing a residential property owner to cancel a contract to replace or repair a roof without penalty or obligation under certain circumstances; defining the term “official start date”; requiring certain contractors to include certain language in contracts executed at a specified time; requiring the residential property owner to send a notice of cancellation in a certain manner; amending s. 559.9611, F.S.; revising the definition of the term “depository institution”; amending s. 624.424, F.S.; providing requirements for certain insurers’ accountants; amending s. 626.8796, F.S.; revising the content of certain public adjuster contracts; amending s. 627.43141, F.S.; specifying requirements, which apply as of a specified date, for certain notices regarding a change in policy terms; amending s. 627.6426, F.S.; revising the disclosure requirements of contracts for short-term health insurance; amending s. 627.70132, F.S.; prohibiting a notice of claim for loss assessment coverage from occurring later than a specified date; requiring that such notice be provided to an insurer no later than a specified date; amending s. 791.01, F.S.; revising the definition of the term “fireworks”; amending s. 791.012, F.S.; updating the source of the code for outdoor display of fireworks; providing an effective date.
AI Summary
This bill makes several changes to consumer protection laws in Florida. It amends provisions related to information returns for payment settlement entities, prohibits certain roofing contractor practices, revises definitions of "depository institution" and "fireworks," updates insurance requirements for accountants and public adjuster contracts, specifies notice requirements for changes to insurance policy terms and short-term health insurance coverage, and establishes deadlines for filing loss assessment claims. The bill aims to enhance consumer protections in various financial and insurance-related transactions.
Committee Categories
Justice
Sponsors (1)
Other Sponsors (3)
Banking and Insurance (S), Judiciary (S), Rules (S)
Last Action
Laid on Table, refer to CS/CS/HB 939 (on 03/05/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...