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MS HB323

Bill

Official Source

Status

Failed

3/5/2013

Primary Sponsor

Gary Chism

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Increases the maximum reward the Commissioner of Insurance may offer for information leading to apprehension, indictment, and conviction of persons responsible for willful destruction by fire or explosion from $1,000 to $5,000.
  • Requires the Commissioner to print and post reward notices in conspicuous places and utilize news media and other informational materials to encourage people to provide information.
  • Funds reward payments, printing costs, and distribution expenses from premium taxes under Sections 27-15-103 and 27-15-109.
  • Requires the Commissioner to maintain a separate account of all disbursed monies and report them in the annual report.
  • Effective date is July 1, 2013.

Legislative Description

Commissioner of Insurance; increase the amount of reward which may be offered in cases of arson.

Last Action

Died In Committee

3/5/2013

Committee Referrals

Insurance1/25/2013
Insurance1/14/2013

Full Bill Text

No bill text available