Florida HB 319: Pub. Rec./Military Personnel and Their Families

Bill Text

HB 319 2026

CODING: Words stricken are deletions; words underlined are additions.
hb319-00
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

A bill to be entitled 1
An act relating to property insurance interstate 2
compact; requiring the Commissioner of Insurance 3
Regulation to initiate a compact with other states to 4
establish a national risk pool for property insurance 5
for natural disasters for a specified purpose; 6
requiring the commissioner to enter into the compact 7
with a minimum number of member states; providing an 8
effective date. 9
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Be It Enacted by the Legislature of the State of Florida: 11
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Section 1. The Commissioner of Insurance Regulation shall, 13
by December 31, 2027, initiate a compact with other states to 14
establish a national risk pool for property insurance for 15
natural disasters in order to reduce the financial risks to this 16
state and its residents and shall, as soon as feasible, enter 17
into the compact with at least 14 other member states. 18
Section 2. This act shall take effect July 1, 2026. 19