Florida Senate Committee on Banking and Insurance Meeting Report: January 9, 2012

The Florida Senate Committee on Banking and Insurance (“Committee”) met today, January 9, 2012, during which it heard Senate Bill 676 by Vice Chairman Chris Smith relating to the workers’ compensation certificate-of-exemption process.  The bill would change the definition of “employee” by requiring members of non-construction limited liability companies to elect to be considered an employee for workers’ compensation purposes and revise the requirements for submitting a Notice of Election of Exemption. There was no discussion on the bill, and it passed the Committee by a unanimous vote.

Chairman Garrett Richter passed the gavel to Vice Chairman Smith, and the Committee took up Senate Bill 938, sponsored by Senator Richter.  The bill addresses the licensing of agents, agencies and adjusters in Florida.  The Committee voted the bill out as a Committee Substitute by a unanimous vote. 

At this point, Chairman Richter resumed the gavel, and the Committee took up Senate Bill 438 by Senator Bennett, which makes changes to the calculation of interest charged on consumer finance loans.  There was no discussion on the bill, and the vote was unanimous.  

With no other business before the Committee, the meeting was adjourned.

To view the meeting packet, click here.

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