MS SB2332

Extends the repeal date of Mississippi Code Section 83-1-191 from July 1, 2021 to July 1, 2025, continuing the Comprehensive Hurricane Damage Mitigation Program within the Department of Insurance.

Establishes a cost-benefit study on wind hazard mitigation construction measures for residential and commercial properties in wind-borne debris regions, with data used to develop actuarially appropriate insurance discounts.

Authorizes wind certification and hurricane mitigation inspections of residential and commercial properties by trained, certified, and background-checked inspectors to identify needed improvements and provide cost estimates and discount information.

Permits financial grants to encourage property owners to retrofit single-family residential and commercial properties to reduce hurricane damage vulnerability.

Creates an advisory council composed of insurance industry representatives, homebuilders, legislative members, and state agency directors to advise the program administrator, with members compensated at the per diem rate authorized by state law.