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---
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 — **400** (pass) · upper
- Passage — **1130** (pass) · lower
- Passage, Third Reading — **8128** (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).