bf8b4e475b
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
126 lines
7.2 KiB
Markdown
126 lines
7.2 KiB
Markdown
---
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type: "Bill"
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title: "Department of Financial Services"
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description: "Department of Financial Services; Revises eligibility for plans of deferred compensation established by CFO; authorizes judge of compensation claims to order injured employee's evaluation by expert medical advisor; revises conditions for nonprofit religious organization to be exempt from requirements of insurance code; adds limited license for transacting preneed funeral agreement insurance; revises licensure requirements for reinsurance intermediary brokers & reinsurance intermediary managers; authorizes certain persons to obtain limited license to sell only policies of life insurance covering expense of prearrangement for funeral services or merchandise; revises requirements, conditions, & procedures for bail bond agency license."
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jurisdiction: "us/states/fl"
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legislature: "Florida Legislature"
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session: "2023"
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identifier: "HB 487"
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citation: "Florida HB 487 (2023)"
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classification: ["bill"]
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subjects: ["and solicitations", "crimes", "criminal procedure and corrections", "executive branch", "insurance", "judicial branch", "labor", "public business", "public lands and property", "real and personal property", "regulation of professions and occupations", "state organization"]
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status: "enacted"
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chapter_law: "2023-144"
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primary_sponsors: ["Salzman"]
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version_count: 6
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action_count: 54
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vote_count: 6
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first_action: "2023-01-24"
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last_action: "2023-05-26"
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source: "openstates"
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source_identifier: "ocd-bill/1bd5117e-b711-4e41-b889-cd3a6ee79223"
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source_url: "https://flsenate.gov/Session/Bill/2023/487/ByCategory"
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source_hash: "b0751c54f0edb110d4c1c8aeb9189b86295cd099732e711686fdfa885873bfbd"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-fl"]
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---
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# Florida HB 487 (2023) — Department of Financial Services
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Department of Financial Services; Revises eligibility for plans of deferred compensation established by CFO; authorizes judge of compensation claims to order injured employee's evaluation by expert medical advisor; revises conditions for nonprofit religious organization to be exempt from requirements of insurance code; adds limited license for transacting preneed funeral agreement insurance; revises licensure requirements for reinsurance intermediary brokers & reinsurance intermediary managers; authorizes certain persons to obtain limited license to sell only policies of life insurance covering expense of prearrangement for funeral services or merchandise; revises requirements, conditions, & procedures for bail bond agency license.
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**Enacted** — Laws of Florida, Chapter 2023-144.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **H 487 Filed** (filed) — [source](https://flsenate.gov/Session/Bill/2023/487/BillText/Filed/PDF)
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2. **H 487 c1** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2023/487/BillText/c1/PDF)
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3. **H 487 c2** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2023/487/BillText/c2/PDF)
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4. **H 487 e1** (engrossed) — [source](https://flsenate.gov/Session/Bill/2023/487/BillText/e1/PDF)
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5. **H 487 e2** (engrossed) — [source](https://flsenate.gov/Session/Bill/2023/487/BillText/e2/PDF)
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6. **H 487 er** (enrolled) — [source](https://flsenate.gov/Session/Bill/2023/487/BillText/er/PDF)
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## Votes
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- Favorable With Committee Substitute (Insurance & Banking Subcommittee) — **18–0** (pass) · lower
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- Passage — **112–0** (pass) · lower
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- Passage, Third Reading — **75–40** (pass) · lower
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- Third Reading — **37–0** (pass) · upper
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- Favorable With Amendment(s) (Commerce Committee) — **19–0** (pass) · lower
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- Favorable (Appropriations Committee) — **27–0** (pass) · lower
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## Sponsors
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- Commerce Committee — primary (organization)
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- Insurance & Banking Subcommittee — primary (organization)
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- Salzman — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-01-24** Filed `filing`
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- **2023-02-01** Referred to Insurance & Banking Subcommittee `referral-committee`
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- **2023-02-01** Referred to Appropriations Committee `referral-committee`
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- **2023-02-01** Referred to Commerce Committee `referral-committee`
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- **2023-02-01** Now in Insurance & Banking Subcommittee
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- **2023-03-07** 1st Reading (Original Filed Version) `filing, reading-1`
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- **2023-03-17** Added to Insurance & Banking Subcommittee agenda
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- **2023-03-21** Favorable with CS by Insurance & Banking Subcommittee `committee-passage-favorable`
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- **2023-03-30** Reported out of Insurance & Banking Subcommittee
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- **2023-03-30** Laid on Table under Rule 7.18(a) `deferral`
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- **2023-03-30** CS Filed `filing`
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- **2023-03-30** 1st Reading (Committee Substitute 1) `reading-1`
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- **2023-03-31** Referred to Appropriations Committee `referral-committee`
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- **2023-03-31** Referred to Commerce Committee `referral-committee`
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- **2023-03-31** Now in Appropriations Committee
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- **2023-04-10** Added to Appropriations Committee agenda
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- **2023-04-12** Favorable by Appropriations Committee `committee-passage-favorable`
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- **2023-04-12** Reported out of Appropriations Committee
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- **2023-04-12** Now in Commerce Committee
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- **2023-04-13** PCS added to Commerce Committee agenda
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- **2023-04-18** Favorable with CS by Commerce Committee `committee-passage-favorable`
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- **2023-04-20** Reported out of Commerce Committee
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- **2023-04-20** Laid on Table under Rule 7.18(a) `deferral`
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- **2023-04-20** CS Filed `filing`
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- **2023-04-20** Bill referred to House Calendar
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- **2023-04-20** Bill added to Special Order Calendar (4/25/2023)
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- **2023-04-20** 1st Reading (Committee Substitute 2) `reading-1`
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- **2023-04-25** Read 2nd time `reading-2`
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- **2023-04-25** Amendment 186023 adopted
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- **2023-04-25** Amendment 355413 adopted
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- **2023-04-25** Amendment 880299 adopted
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- **2023-04-25** Placed on 3rd reading `reading-3`
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- **2023-04-25** Added to Third Reading Calendar
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- **2023-04-26** Read 3rd time `reading-3`
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- **2023-04-26** CS passed as amended; YEAS 75, NAYS 40 `passage`
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- **2023-04-26** In Messages
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- **2023-04-26** Referred to Fiscal Policy `referral-committee`
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- **2023-04-26** Received `enrolled`
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- **2023-04-28** Withdrawn from Fiscal Policy `withdrawal`
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- **2023-04-28** Placed on Calendar, on 2nd reading
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- **2023-04-28** Substituted for CS/CS/CS/SB 1158
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- **2023-04-28** Read 2nd time `reading-2`
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- **2023-04-28** Amendment(s) adopted (118852, 861932)
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- **2023-04-28** Read 3rd time `reading-3`
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- **2023-04-28** CS passed as amended; YEAS 37 NAYS 0 `passage`
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- **2023-04-28** In Messages
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- **2023-05-03** Added to Senate Message List
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- **2023-05-03** Amendment 861932 Concur
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- **2023-05-03** Amendment 118852 Concur
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- **2023-05-03** CS passed as amended; YEAS 112, NAYS 0 `passage`
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- **2023-05-03** Ordered engrossed, then enrolled `enrolled`
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- **2023-05-16** Signed by Officers and presented to Governor `executive-receipt`
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- **2023-05-25** Approved by Governor `executive-signature`
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- **2023-05-26** Chapter No. 2023-144
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1bd5117e-b711-4e41-b889-cd3a6ee79223`. Confidence: reported (aggregated from official Florida legislature records).
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