summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to civil liability for improper flood hazard determinations. Financial Services.
AI Summary
This bill aims to establish civil liability for companies or contractors who incorrectly complete standard flood hazard determination forms on behalf of banks or insurance companies. The bill allows the owner of a building or structure to bring a civil lawsuit if the flood hazard determination was wrong, resulting in damages such as the failure to obtain flood insurance. The bill also includes a rebuttable presumption that the determination was conducted correctly if certified by a professional engineer or land surveyor, which can be overcome by a preponderance of evidence. If successful, the court may award actual damages, reasonable attorney's fees, and court costs.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see H5160 (on 12/01/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H904 |
| Bill | https://malegislature.gov/Bills/191/H904.pdf |
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