House Bill 1127

AN ACT TO CREATE THE STRENGTHEN MISSISSIPPI HOMES ACT; TO PROVIDE THAT THE STRENGTHEN MISSISSIPPI HOMES PROGRAM SHALL BE ESTABLISHED WITHIN THE MISSISSIPPI WINDSTORM UNDERWRITERS ASSOCIATION; TO CREATE THE STRENGTHEN MISSISSIPPI HOMES FUND; TO AUTHORIZE THE PROGRAM TO APPLY FOR FINANCIAL GRANTS TO RETROFIT INSURABLE PROPERTY TO RESIST LOSS DUE TO HURRICANE, TORNADO OR OTHER CATASTROPHIC WINDSTORM EVENTS; TO AUTHORIZE THE PROGRAM TO MAKE GRANTS OR FUNDING AVAILABLE TO NONPROFIT ENTITIES FOR PROJECTS TO RETROFIT AN INSURABLE PROPERTY; TO PROVIDE THAT TO BE ELIGIBLE FOR A GRANT, A RESIDENTIAL PROPERTY OWNER MUST HAVE AN INSURABLE PROPERTY THAT HAS BEEN GRANTED A HOMESTEAD EXEMPTION AND MUST BE ABLE TO MEET THE ELIGIBILITY REQUIREMENTS ESTABLISHED BY THE ASSOCIATION; TO PROVIDE THAT DOCUMENTS, MATERIALS AND OTHER DOCUMENTS SUBMITTED TO THE ASSOCIATION BY PROPERTY OWNERS AND INSURANCE COMPANIES SHALL BE EXEMPT FROM THE MISSISSIPPI PUBLIC RECORDS ACT; TO AUTHORIZE THAT A RESIDENTIAL PROPERTY OWNER MAY HIRE ANY LICENSED CONTRACTOR TO PERFORM RETROFITTING WORK ON INSURABLE PROPERTY; TO AMEND SECTION 83-2-33, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ALL PROPERTY AND CASUALTY INSURANCE COMPANIES DOING BUSINESS IN THIS STATE SHALL CONTRIBUTE, IN PROPORTION TO THEIR GROSS PREMIUMS, TO THE STRENGTHEN MISSISSIPPI HOMES FUND; TO PROVIDE THAT TOTAL CONTRIBUTIONS COLLECTED FOR THE STRENGTHEN MISSISSIPPI HOMES FUND SHALL NOT EXCEED ONE MILLION FIVE HUNDRED THOUSAND DOLLARS; TO TRANSFER FIVE MILLION DOLLARS FROM THE MISSISSIPPI SURPLUS LINES ASSOCIATION TO THE STRENGTHEN MISSISSIPPI HOMES FUND; TO AMEND SECTION 25-61-12, MISSISSIPPI CODE OF 1972, TO CONFORM; TO AMEND SECTION 83-34-5, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE MISSISSIPPI WINDSTORM UNDERWRITERS ASSOCIATION TO ADMINISTER THE STRENGTHEN MISSISSIPPI HOMES FUND; TO BRING FORWARD SECTIONS 83-75-1, 83-75-3, 83-75-5 AND 83-75-7, MISSISSIPPI CODE OF 1972, WHICH PROVIDE THE HOMEOWNERS INSURANCE DISCOUNT FOR HURRICANE OR WINDSTORM DAMAGE MITIGATION, FOR THE PURPOSE OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 83-1-191, MISSISSIPPI CODE OF 1972, WHICH CREATES THE COMPREHENSIVE HURRICANE DAMAGE MITIGATION PROGRAM, FOR THE PURPOSE OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 83-1-201, MISSISSIPPI CODE OF 1972, WHICH CREATES THE MISSISSIPPI WINDSTORM MITIGATION COORDINATING COUNCIL, FOR THE PURPOSE OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 83-34-16, MISSISSIPPI CODE OF 1972, WHICH CREATES THE FORTIFIED HOME PREMIUM DISCOUNT, FOR THE PURPOSE OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 17-2-1, MISSISSIPPI CODE OF 1972, WHICH PROVIDES FOR CERTAIN RESIDENTIAL AND BUILDING CODES, FOR THE PURPOSE OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 83-1-37, MISSISSIPPI CODE OF 1972, WHICH CREATES THE MUNICIPAL FIRE PROTECTION FUND, FOR THE PURPOSE OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 83-1-39, MISSISSIPPI CODE OF 1972, WHICH CREATES THE COUNTY VOLUNTEER FIRE DEPARTMENT FUND, FOR THE PURPOSE OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 83-2-3, MISSISSIPPI CODE OF 1972, WHICH PROVIDES RATE STANDARDS, FOR THE PURPOSE OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTIONS 27-7-1001, 27-7-1003 AND 27-7-1005, MISSISSIPPI CODE OF 1972, WHICH PROVIDE FOR THE CATASTROPHE SAVINGS ACCOUNT, FOR THE PURPOSE OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 83-34-7, MISSISSIPPI CODE OF 1972, WHICH CREATES THE BOARD OF DIRECTORS OF THE MISSISSIPPI INSURANCE UNDERWRITING ASSOCIATION, FOR THE PURPOSE OF POSSIBLE AMENDMENT; AND FOR RELATED PURPOSES.

In the House of Representatives

• Henry Zuber III

  Sponsor

l9n doesn't hold this bill's text yet.

In the House of Representatives Feb 14 – Mar 5

1. Feb 14Referred to the House committees on Insurance and on Appropriations A
2. Mar 5Died in committee in the House