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MA S768

Bill

Status

Introduced

2/27/2025

Primary Sponsor

John Keenan

Click for details

Origin

Senate

194th General Court

AI Summary

  • Establishes a 10-member special commission to develop statutory and regulatory framework for insurance rate-setting on properties with affordability restrictions and properties where tenants use housing vouchers

  • Commissioner of Insurance (or designee) serves as chair, with members including 1 House representative, 1 Senator, the Secretary of Housing and Livable Communities, and the Attorney General (or designees)

  • Includes representatives from Citizens' Housing and Planning Association, Massachusetts Association of Community Development Corporations, Builders of Color Coalition, National Association of Industrial and Office Properties Massachusetts, and an insurance trade association

  • Commission must report findings and proposed legislation to House and Senate Ways and Means committees, Joint Committee on Financial Services, and Joint Committee on Housing by December 31, 2026

Legislative Description

Resolve creating a special commission on affordable housing insurance

Last Action

Committee recommended ought to pass and referred to the committee on Senate Ways and Means

2/19/2026

Committee Referrals

Ways and Means2/19/2026
Rules1/8/2026
Financial Services2/27/2025

Full Bill Text

No bill text available