Senate Bill 2405

AN ACT TO CREATE THE "MAKE MISSISSIPPI RESILIENT AND STRONG ACT"; TO ESTABLISH THE MISSISSIPPI WINDSTORM MITIGATION ASSOCIATION UNDER THE SUPERVISION OF THE MISSISSIPPI INSURANCE COMMISSIONER; TO PROVIDE SERVICES TO MEMBERS; TO PROMOTE WELFARE AND ECONOMIC DEVELOPMENT THROUGH STRENGTHENING OF RESIDENTIAL HOMES AND COMMERCIAL PROPERTIES TO PROTECT AGAINST SEVERE WEATHER; TO PROVIDE FOR GRANTS TO ASSIST IN STRENGTHENING OF RESIDENTIAL HOMES AND COMMERCIAL PROPERTIES; TO PROVIDE FOR MEMBERSHIP OF THE ASSOCIATION; TO PROVIDE ANNUAL REPORTING REQUIREMENTS OF THE ASSOCIATION; TO PROVIDE FOR THE SUPERVISION OF THE ASSOCIATION BY THE COMMISSIONER OF INSURANCE; TO PROVIDE FOR ELECTION OF A BOARD OF DIRECTORS; TO PROVIDE THE POWERS OF THE ASSOCIATION; TO PROVIDE FOR ASSESSMENTS AGAINST INSURERS TO FUND THE ASSOCIATION; TO PROVIDE THAT A MEMBER INSURER MAY OFFSET ITS ASSESSMENT AGAINST ITS PREMIUM, FRANCHISE OR INCOME AS LIABILITY; TO PROVIDE THAT MEMBER INSURERS SHALL BE IMMUNE FROM ACTS OR OMISSIONS IN THE PERFORMANCE OF THEIR DUTIES; AND FOR RELATED PURPOSES.

In the Senate

• Brian Rhodes

  Sponsor

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

In the Senate Jan 20 – Feb 4

1. Jan 20Referred to the Senate committees on Insurance and on Appropriations
2. Feb 4Died in committee in the Senate