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MS HB307

Bill

Official Source

Status

Failed

3/5/2024

Primary Sponsor

Ronnie Crudup

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Property and casualty insurers must require insured property owners to clean up blighted real property before reimbursing more than one-fourth of damages owed
  • The Commissioner of Insurance is authorized to enforce this requirement and adopt necessary rules and regulations
  • Effective date is July 1, 2024

Legislative Description

Property and casualty insurance; require blighted real property to be cleaned up before insurer pays insured certain damages.

Last Action

Died In Committee

3/5/2024

Committee Referrals

Insurance1/18/2024

Full Bill Text

No bill text available