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Florida · 2025 Regular Session · Bill

SB 1712: Florida Hurricane Catastrophe Fund and Reinsurance Assistance

Did not advance Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted
  6. Did not advance

Last official action: ·Record last updated:

Plain-language summary

SB 1712 is a bill introduced in the Florida Senate on February 28, 2025. According to its official title, it concerns: Florida Hurricane Catastrophe Fund and Reinsurance Assistance. Primary sponsor: Nick DiCeglie (Republican). Most recent recorded action (June 16, 2025): Died in Banking and Insurance.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Florida Hurricane Catastrophe Fund and Reinsurance Assistance; Specifying the retention multiple for specified contracts under the Florida Hurricane Catastrophe Fund program beginning on a certain date; providing the adjusted retention multiple for insurers electing the 100-percent coverage level; authorizing, rather than requiring, a certain formula to provide for a cash build-up factor; requiring the cash build-up factor to be frozen beginning in a specified contract year and to freeze for a specified period ending by a specified date; authorizing, rather than requiring, eligible RAP insurers to purchase RAP coverage; revising the coverage layers of the Florida Optional Reinsurance Assistance (FORA) program, etc.

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Nick DiCegliePrimary sponsorRepublicanSenate18

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Died in Banking and Insurance
  2. Indefinitely postponed and withdrawn from consideration
  3. Introduced
  4. Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
  5. Filed

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source