Loading chat...
MA S768
Bill
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