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 flood insurance rates. Financial Services.
AI Summary
This bill requires the commissioner to conduct a biennial investigation into flood insurance rates set by the National Flood Insurance Program. The investigation will focus on the affordability of flood insurance for homeowners and businesses, the sustainability of the program, and whether the premiums accurately reflect the risk of loss. The commissioner must make the biennial report publicly available and submit it to the clerks of the Massachusetts House of Representatives and Senate.
Committee Categories
Business and Industry
Sponsors (2)
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/H905 |
| Bill | https://malegislature.gov/Bills/191/H905.pdf |
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