S0414 — Florida Homeowners' Construction Recovery Fund

Bill S0414, proposing scheduled increases to maximum payment amounts from the Florida Homeowners' Construction Recovery Fund for Division I and Division II claims, died in committee on March 8, 2024.

The bill would have increased the maximum payment amounts available from the recovery fund for both individual and aggregate claims under Division I and Division II. The specific dollar amounts and effective date for the increases were not enacted, as the bill did not advance from the Regulated Industries Committee.

Homeowners and construction recovery fund claimants in Florida, had the bill been enacted.

The bill died in the Regulated Industries Committee on March 8, 2024, and did not become law.