Did not become law. It stopped in the House of Representatives's Insurance Committee on February 19, 2008. The 2008 session has ended.
2008 Regular Session
House Bill 1002
Mississippi Residential Property Insurance Underwriting Association; expand purpose of.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 83-38-1, MISSISSIPPI CODE OF 1972, TO EXPAND THE PURPOSE OF THE MISSISSIPPI RESIDENTIAL PROPERTY INSURANCE UNDERWRITING ASSOCIATION TO ASSURE AN ADEQUATE MARKET FOR HOMEOWNERS INSURANCE; TO AMEND SECTION 83-38-3, MISSISSIPPI CODE OF 1972, TO DEFINE CERTAIN TERMS; TO AMEND SECTION 83-38-5, MISSISSIPPI CODE OF 1972, TO REVISE THE ORGANIZATIONAL STRUCTURE OF THE MISSISSIPPI RESIDENTIAL PROPERTY INSURANCE UNDERWRITING ASSOCIATION LAW; TO CREATE NEW SECTION 83-38-6, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE ASSOCIATION, WITH THE CONSENT OF THE COMMISSIONER OF INSURANCE, TO LEVY ASSESSMENTS AGAINST ASSESSABLE INSURERS BASED UPON THEIR PERCENTAGE OF PARTICIPATION; TO AMEND SECTION 83-38-7, MISSISSIPPI CODE OF 1972, TO REVISE THE POWERS OF THE ASSOCIATION; TO AMEND SECTION 83-38-9, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE ASSOCIATION DIRECTORS SHALL BE THE SAME AS THOSE IN THE MISSISSIPPI WINDSTORM UNDERWRITING ASSOCIATION; TO AMEND SECTION 83-38-13, MISSISSIPPI CODE OF 1972, IN CONFORMITY; TO AMEND SECTION 83-38-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ASSOCIATION POLICY RATES SHALL NOT BE EXCESSIVE, INADEQUATE OR UNFAIRLY DISCRIMINATORY; TO AMEND SECTION 83-38-19, MISSISSIPPI CODE OF 1972, TO REQUIRE RULINGS OF THE ASSOCIATION TO BE FIRST APPEALED TO THE COMMISSIONER OF INSURANCE; TO CREATE NEW SECTION 83-38-28, MISSISSIPPI CODE OF 1972, TO REQUIRE THE COMMISSIONER OF INSURANCE TO APPROVE ASSOCIATION RATES AT LEAST ADEQUATE TO FUND ANNUAL REINSURANCE ABOVE A CERTAIN RESERVE; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
February 4 to February 19, 2008, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesFeb 4 to Feb 19 · stopped15 days
InsuranceFeb 4 to Feb 19 · stopped15 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.