FIC: Construction Defect Bill Passes House

By:  Katrina Callaway, FIC General Counsel A bill designed to provide clarification as to when the statute of limitation and statute of repose start for construction defect claims by defining when the construction contract is considered complete passed the House on March 30, 2017 by a vote of 114-0.  The Senate companion, which is identical,…

FIC: Prejudgment Interest Finally Clears Senate Rules; Amended But Still Opposed by Business

By:  Sam Miller, FIC Consultant SB 334 Prejudgment Interest — by Steube This is now the bill:266818 – Amendment (Delete All) PDF398962 – Substitute Amendment (Delete All) (266818) PDF471646 – Amendment to Substitute Amendment (398962) PDF The second committee substitute and revised staff analysis should be available soon, probably early next week. FIC will distribute…

FIC: TNC Bill Postponed on House Floor

By:   Katrina Callaway, FIC General CounselThe House postponed consideration of the TNC bill, HB 221, by the full House on March 29, 2017.  We believe the bill was postponed because Florida’s CFO, Jeff Atwater, wants the TNC enforcement provisions given to him in the bill amended to require enforcement actions be pursued initially in an…