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FL S0168

Bill

Status

Failed

4/30/2021

Primary Sponsor

Banking and Insurance

Click for details

Origin

Senate

2021 Regular Session

AI Summary

  • Extends the Hurricane Loss Mitigation Program, housed in the Division of Emergency Management, by delaying its repeal date from June 30, 2021 to June 30, 2031
  • Removes language stating that rates resulting from the Manufactured Housing and Mobile Home Mitigation and Enhancement Program are not considered competitive rates for purposes of Citizens Property Insurance Corporation coverage under s. 627.351(6)(d)1. and 2.
  • Maintains the grant program administered through Tallahassee Community College to mitigate damage and enhance manufactured and mobile homes, addressing issues such as weakened trusses, wood rot, termite damage, and tie-down systems
  • Requires Citizens Property Insurance Corporation to provide actuarially reasonable discounts, credits, or rate reductions for manufactured or mobile home owners who complete mitigation improvements
  • Requires Tallahassee Community College to submit an annual report by January 1 to the Governor, Senate President, and House Speaker detailing program participation, improvements made, and changes in insurance availability

Legislative Description

Hurricane Loss Mitigation Program

Last Action

Died in Messages; companion bill(s) passed, see SB 2502 (Ch. 2021-37)

4/30/2021

Committee Referrals

Appropriations3/10/2021
Community Affairs2/4/2021
Banking and Insurance12/9/2020

Full Bill Text

No bill text available