Disposition of Insurance Proceeds
Summary
Disposition of Insurance Proceeds; Adding requirements for mortgagees and assignees holding certain insurance proceeds pending completion of all or part of damage repairs; specifying requirements for the disposition of certain insurance proceeds received by financial institutions and their subsidiaries relating to mortgage loans they hold; providing an exception from a requirement for a financial institution or subsidiary to endorse certain negotiable instruments, etc.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2020
Last action Mar 14, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
1
Mar 14, 2020
Senate · Failed
Died in Banking and Insurance
Mar 14, 2020
Senate · Failed
Indefinitely postponed and withdrawn from consideration
Jan 14, 2020
Senate · Introduced
Introduced
Jan 13, 2020
Senate · Referred to committee
Referred to Banking and Insurance; Judiciary; Rules
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bill Montford
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 1408
Scope: FL
Hi! I can help you understand SB 1408. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline