Florida HB 1163: Transportation Facility Designations

Bill Text

HB 1163 2026

CODING: Words stricken are deletions; words underlined are additions.
hb1163-00
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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 risk retention groups; amending s. 2
627.944, F.S.; specifying that risk retention groups 3
registered to do business in this state are insurance 4
companies authorized to do business in this state; 5
providing an effective date. 6
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Be It Enacted by the Legislature of the State of Florida: 8
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Section 1. Subsection (13) is added to section 627.944, 10
Florida Statutes, to read: 11
627.944 Risk retention groups not certificated in this 12
state.—Risk retention groups certificated or licensed in states 13
other than this state and seeking to do business as a risk 14
retention group in this state must observe and abide by the laws 15
of this state as follows: 16
(13) AUTHORIZATION.—A risk retention group registered to 17
do business in this state pursuant to this section is an 18
insurance company authorized to do business in this state. 19
Section 2. This act shall take effect July 1, 2026. 20