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MS HB1308
Bill
Status
3/6/2012
Primary Sponsor
Mark Formby
Click for details
AI Summary
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Extends the repeal date of Mississippi's Comprehensive Hurricane Damage Mitigation Program from the current date to July 1, 2015
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The program, administered by the Department of Insurance, provides wind certification inspections, hurricane mitigation assessments, and potential financial grants to help property owners retrofit homes and businesses against hurricane damage
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Inspections must include damage vulnerability assessments, cost estimates for mitigation features, insurer-specific premium discount information, and hurricane resistance ratings
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Program includes an advisory council composed of insurance agents, property insurers, homebuilders, legislative committee chairs, and emergency management officials
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Implementation is contingent on legislative appropriations and does not create an entitlement or obligate the state to fund property inspections or retrofitting
Legislative Description
Comprehensive Hurricane Damage Mitigation Program; extend repealer on.
Last Action
Died In Committee
3/6/2012