MD HB1219

University System of Maryland must conduct a study evaluating the relationship between climate change, homeowner's insurance availability and pricing, and emergency/disaster preparedness

Study oversight includes representatives from the Senate, House of Delegates, Department of Natural Resources, Department of the Environment, Maryland Department of Emergency Management, Maryland Insurance Administration, and county/municipal emergency managers

Required evaluation topics include climate change's impact on insurance costs, changes in federal disaster-related policies and grant funding, and existing local disaster recovery resources

Final report due to the General Assembly by January 1, 2027, must include overview of the National Flood Insurance Program, Community Rating System, and private flood insurance market

Recommendations must address state incentives for home resilience improvements (tax credits, grants, loans), insurance rate adjustments for resilience investments, and emergency management funding mechanisms