--- type: "Bill" title: "Insurance" description: "Insurance; Specifying a qualification for a local governmental entity’s representative on a self-insurer’s governing body; revising membership requirements for specified members of the Florida Commission on Hurricane Loss Projection Methodology; authorizing insurers to file with the Office of Insurance Regulation personal lines residential property insurance rating plans providing rate differentials based on certain windstorm mitigation construction standards; revising the timeframe for advance notices from insurers to insureds of automatic bank withdrawal increases, etc." jurisdiction: "us/states/fl" legislature: "Florida Legislature" session: "2023" identifier: "SB 418" citation: "Florida SB 418 (2023)" classification: ["bill"] subjects: ["vessels"] status: "enacted" chapter_law: "2023-217" primary_sponsors: ["Banking and Insurance", "Military and Veterans Affairs, Space, and Domestic Security", "Perry", "Rules"] version_count: 6 action_count: 45 vote_count: 6 first_action: "2023-01-26" last_action: "2023-06-16" source: "openstates" source_identifier: "ocd-bill/64ebadae-1bdf-49f4-9b8b-afab2f2686bd" source_url: "https://flsenate.gov/Session/Bill/2023/418/ByCategory" source_hash: "0e1d9cc9be298125c0b043cb4b20ac19b0fc0574a9e04e4d046d2948bec61322" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-fl"] --- # Florida SB 418 (2023) — Insurance Insurance; Specifying a qualification for a local governmental entity’s representative on a self-insurer’s governing body; revising membership requirements for specified members of the Florida Commission on Hurricane Loss Projection Methodology; authorizing insurers to file with the Office of Insurance Regulation personal lines residential property insurance rating plans providing rate differentials based on certain windstorm mitigation construction standards; revising the timeframe for advance notices from insurers to insureds of automatic bank withdrawal increases, etc. **Enacted** — Laws of Florida, Chapter 2023-217. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **S 418 Filed** (filed) — [source](https://flsenate.gov/Session/Bill/2023/418/BillText/Filed/HTML) 2. **S 418 c1** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2023/418/BillText/c1/HTML) 3. **S 418 c2** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2023/418/BillText/c2/HTML) 4. **S 418 c3** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2023/418/BillText/c3/HTML) 5. **S 418 e1** (engrossed) — [source](https://flsenate.gov/Session/Bill/2023/418/BillText/e1/HTML) 6. **S 418 er** (enrolled) — [source](https://flsenate.gov/Session/Bill/2023/418/BillText/er/HTML) ## Votes - Favorable with Committee Substitute — **19–0** (pass) · upper - Passage — **110–0** (pass) · lower - Passage, Third Reading — **119–0** (pass) · lower - Favorable with Committee Substitute — **7–0** (pass) · upper - Favorable with Committee Substitute — **12–0** (pass) · upper - Third Reading — **39–0** (pass) · upper ## Sponsors - Banking and Insurance — primary (person) - Military and Veterans Affairs, Space, and Domestic Security — primary (person) - Perry — primary (person) - Rules — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2023-01-26** Filed `filing` - **2023-02-09** Referred to Banking and Insurance; Military and Veterans Affairs, Space, and Domestic Security; Rules `referral-committee` - **2023-02-13** On Committee agenda-- Banking and Insurance, 02/21/23, 3:30 pm, 412 Knott Building - **2023-02-21** CS by Banking and Insurance; YEAS 12 NAYS 0 - **2023-02-23** Pending reference review under Rule 4.7(2) - (Committee Substitute) - **2023-02-23** Now in Military and Veterans Affairs, Space, and Domestic Security - **2023-03-02** On Committee agenda-- Military and Veterans Affairs, Space, and Domestic Security, 03/07/23, 2:00 pm, 301 Senate Building - **2023-03-07** Introduced `introduction` - **2023-03-07** CS/CS by Military and Veterans Affairs, Space, and Domestic Security; YEAS 7 NAYS 0 - **2023-03-07** CS by Banking and Insurance read 1st time - **2023-03-08** Pending reference review under Rule 4.7(2) - (Committee Substitute) - **2023-03-08** Now in Rules - **2023-03-08** CS/CS by Military and Veterans Affairs, Space, and Domestic Security read 1st time - **2023-04-06** On Committee agenda-- Rules, 04/11/23, 8:30 am, 412 Knott Building - **2023-04-11** CS/CS/CS by- Rules; YEAS 19 NAYS 0 - **2023-04-12** Pending reference review -under Rule 4.7(2) - (Committee Substitute) - **2023-04-12** CS/CS/CS by Rules read 1st time - **2023-04-13** Placed on Calendar, on 2nd reading - **2023-04-13** Placed on Special Order Calendar, 04/19/23 - **2023-04-19** Read 2nd time `reading-2` - **2023-04-19** Amendment(s) adopted (174606) - **2023-04-19** Read 3rd time `reading-3` - **2023-04-19** CS passed as amended; YEAS 39 NAYS 0 `passage` - **2023-04-19** Immediately certified - **2023-04-19** In Messages - **2023-04-28** Bill referred to House Calendar - **2023-04-28** Bill added to Special Order Calendar (5/1/2023) - **2023-04-28** 1st Reading (Engrossed 1) `reading-1` - **2023-05-01** Read 2nd time `reading-2` - **2023-05-01** Amendment 394669 adopted - **2023-05-01** Placed on 3rd reading `reading-3` - **2023-05-01** Added to Third Reading Calendar - **2023-05-02** Read 3rd time `reading-3` - **2023-05-02** CS passed as amended; YEAS 119, NAYS 0 `passage` - **2023-05-02** In returning messages - **2023-05-03** Refused to concur in 1 amendment(s) (394669) - **2023-05-03** Requested House to recede - **2023-05-03** In Messages - **2023-05-04** Added to Senate Message List - **2023-05-04** Amendment 394669 Recede - **2023-05-04** CS passed; YEAS 110, NAYS 0 `passage` - **2023-05-04** Ordered enrolled `enrolled` - **2023-06-05** Signed by Officers and presented to Governor `executive-receipt` - **2023-06-12** Approved by Governor `executive-signature` - **2023-06-16** Chapter No. 2023-217, companion bill(s) passed, see CS/CS/HB 1185 (Ch. 2023-130) ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/64ebadae-1bdf-49f4-9b8b-afab2f2686bd`. Confidence: reported (aggregated from official Florida legislature records).