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Bill > H0423

FL H0423

FL H0423
Hurricane Loss Mitigation Program

summary

Introduced
01/26/2021
In Committee
03/09/2021
Crossed Over
Passed
Dead
04/30/2021

Introduced Session

2021 Regular Session

Bill Summary

An act relating to the Hurricane Loss Mitigation Program; amending s. 215.559, F.S.; deleting construction relating to Citizens Property Insurance Corporation coverage rates; delaying the future repeal of the Hurricane Loss Mitigation Program; providing an effective date.

AI Summary

This bill amends the Hurricane Loss Mitigation Program by deleting language related to Citizens Property Insurance Corporation (CPIC) coverage rates and delaying the future repeal of the program from 2021 to 2031. The Manufactured Housing and Mobile Home Mitigation and Enhancement Program, which is part of the larger Hurricane Loss Mitigation Program, will continue to provide grants to Tallahassee Community College to improve manufactured and mobile homes and educate owners on the benefits of participation. The bill also requires CPIC to provide actuarially reasonable discounts, credits, or other rate reductions for properties with mitigation features installed.

Committee Categories

Budget and Finance, Business and Industry, Health and Social Services

Sponsors (4)

Other Sponsors (1)

Insurance and Banking Subcommittee (House)

Last Action

Died in Appropriations Committee; companion bill(s) passed, see SB 2502 (Ch. 2021-37) (on 04/30/2021)
(2 Companion Bills)

bill text

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bill summary

Document Type Source Location
State Bill Page https://www.flsenate.gov/Session/Bill/2021/423
Bill https://www.flsenate.gov/Session/Bill/2021/423/BillText/c1/PDF
Analysis - Insurance and Banking Subcommittee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2021/423/Analyses/h0423c.IBS.PDF
House Committee Amendment #194093 https://www.flsenate.gov/Session/Bill/2021/423/Amendment/194093/PDF
Analysis - Insurance and Banking Subcommittee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2021/423/Analyses/h0423b.IBS.PDF
Analysis - Pandemics and Public Emergencies Committee (Post-Meet https://www.flsenate.gov/Session/Bill/2021/423/Analyses/h0423a.PPE.PDF
Analysis - Pandemics and Public Emergencies Committee (Post-Meet https://www.flsenate.gov/Session/Bill/2021/423/Analyses/h0423.PPE.PDF
Bill https://www.flsenate.gov/Session/Bill/2021/423/BillText/Filed/PDF
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