--- type: "Bill" title: "Citizens Property Insurance Corporation" description: "Citizens Property Insurance Corporation; Revises circumstances under which certain insurers' association shall levy market equalization surcharges on policyholders; provides that certain accounts for Citizens Property Insurance Corporation revenues, assets, liability, losses, & expenses are now maintained as Citizens account; revises requirements for certain coverages by corporation; requires inclusion of quota share primary insurance in certain policies; specifies that certain provisions apply to personal lines residential risks that are primary residences and to personal lines residential risks that are not primary residences; provides that comparisons of comparable coverages under certain personal lines residential risks & commercial lines residential risks do not apply to policies that do not cover primary residences; provides that certain risks that could not be insured under standard policies are eligible for certain basic policies; revises corporation's plan of operation." jurisdiction: "us/states/fl" legislature: "Florida Legislature" session: "2024" identifier: "HB 1503" citation: "Florida HB 1503 (2024)" classification: ["bill"] subjects: ["insurance"] status: "enacted" chapter_law: "2024-179" primary_sponsors: ["Esposito"] version_count: 6 action_count: 45 vote_count: 3 first_action: "2024-01-08" last_action: "2024-05-13" source: "openstates" source_identifier: "ocd-bill/e475633c-004d-4304-9937-e9e0b821569f" source_url: "https://flsenate.gov/Session/Bill/2024/1503/ByCategory" source_hash: "a9cd6f2489029f8bf0a91d3c3ce537466537d0c72c257663437f0c87cc86947d" 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 HB 1503 (2024) — Citizens Property Insurance Corporation Citizens Property Insurance Corporation; Revises circumstances under which certain insurers' association shall levy market equalization surcharges on policyholders; provides that certain accounts for Citizens Property Insurance Corporation revenues, assets, liability, losses, & expenses are now maintained as Citizens account; revises requirements for certain coverages by corporation; requires inclusion of quota share primary insurance in certain policies; specifies that certain provisions apply to personal lines residential risks that are primary residences and to personal lines residential risks that are not primary residences; provides that comparisons of comparable coverages under certain personal lines residential risks & commercial lines residential risks do not apply to policies that do not cover primary residences; provides that certain risks that could not be insured under standard policies are eligible for certain basic policies; revises corporation's plan of operation. **Enacted** — Laws of Florida, Chapter 2024-179. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **H 1503 Filed** (filed) — [source](https://flsenate.gov/Session/Bill/2024/1503/BillText/Filed/PDF) 2. **H 1503 c1** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2024/1503/BillText/c1/PDF) 3. **H 1503 c2** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2024/1503/BillText/c2/PDF) 4. **H 1503 e1** (engrossed) — [source](https://flsenate.gov/Session/Bill/2024/1503/BillText/e1/PDF) 5. **H 1503 e2** (engrossed) — [source](https://flsenate.gov/Session/Bill/2024/1503/BillText/e2/PDF) 6. **H 1503 er** (enrolled) — [source](https://flsenate.gov/Session/Bill/2024/1503/BillText/er/PDF) ## Votes - Third Reading — **40–0** (pass) · upper - Passage — **113–0** (pass) · lower - Passage, Third Reading — **81–28** (pass) · lower ## Sponsors - Commerce Committee — primary (organization) - Esposito — primary (person) - Insurance & Banking Subcommittee — primary (organization) - Barnaby — cosponsor (person) - Snyder — cosponsor (person) - Truenow — cosponsor (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2024-01-08** Filed `filing` - **2024-01-09** 1st Reading (Original Filed Version) `filing, reading-1` - **2024-01-13** Referred to Insurance & Banking Subcommittee `referral-committee` - **2024-01-13** Referred to Commerce Committee `referral-committee` - **2024-01-13** Now in Insurance & Banking Subcommittee - **2024-01-30** PCS added to Insurance & Banking Subcommittee agenda - **2024-02-01** Favorable with CS by Insurance & Banking Subcommittee `committee-passage-favorable` - **2024-02-04** Reported out of Insurance & Banking Subcommittee - **2024-02-04** Laid on Table under Rule 7.18(a) `deferral` - **2024-02-04** CS Filed `filing` - **2024-02-05** Referred to Commerce Committee `referral-committee` - **2024-02-05** Now in Commerce Committee - **2024-02-05** 1st Reading (Committee Substitute 1) `reading-1` - **2024-02-20** PCS added to Commerce Committee agenda - **2024-02-22** Favorable with CS by Commerce Committee `committee-passage-favorable` - **2024-02-26** Reported out of Commerce Committee - **2024-02-26** Laid on Table under Rule 7.18(a) `deferral` - **2024-02-26** CS Filed `filing` - **2024-02-26** Bill referred to House Calendar - **2024-02-26** Bill added to Special Order Calendar (2/29/2024) - **2024-02-26** 1st Reading (Committee Substitute 2) `reading-1` - **2024-02-29** Read 2nd time `reading-2` - **2024-02-29** Amendment 681737 adopted - **2024-02-29** Placed on 3rd reading `reading-3` - **2024-02-29** Added to Third Reading Calendar - **2024-03-01** Read 3rd time `reading-3` - **2024-03-01** CS passed as amended; YEAS 81, NAYS 28 `passage` - **2024-03-01** In Messages - **2024-03-01** Referred to Fiscal Policy `referral-committee` - **2024-03-01** Received `enrolled` - **2024-03-06** Withdrawn from Fiscal Policy `withdrawal` - **2024-03-06** Placed on Calendar, on 2nd reading - **2024-03-06** Substituted for CS/CS/SB 1716 - **2024-03-06** Read 2nd time `reading-2` - **2024-03-06** Amendment(s) adopted (102780) - **2024-03-06** Read 3rd time `reading-3` - **2024-03-06** CS passed as amended; YEAS 40 NAYS 0 `passage` - **2024-03-06** In Messages - **2024-03-07** Added to Senate Message List - **2024-03-07** Amendment 102780 Concur - **2024-03-07** CS passed as amended; YEAS 113, NAYS 0 `passage` - **2024-03-07** Ordered engrossed, then enrolled `enrolled` - **2024-04-25** Signed by Officers and presented to Governor `executive-receipt` - **2024-05-10** Approved by Governor `executive-signature` - **2024-05-13** Chapter No. 2024-179 ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e475633c-004d-4304-9937-e9e0b821569f`. Confidence: reported (aggregated from official Florida legislature records).