summary
Introduced
03/29/2021
03/29/2021
In Committee
04/07/2022
04/07/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation relative to the remediation of home heating oil releases. Financial Services.
AI Summary
This bill amends Massachusetts law to require homeowners' insurance policies to provide coverage for the remediation of home heating oil releases. Specifically, it mandates that insurers provide first-party property coverage for response action costs and property damage caused by a home heating oil release, as well as third-party liability coverage for claims arising from such a release. The bill sets minimum coverage amounts and allows for a deductible not exceeding $1,000 per claim. The law will take effect on January 1, 2022.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (4)
Last Action
New draft substituted, see S2821 (on 04/14/2022)
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/192/S676 |
| Bill | https://malegislature.gov/Bills/192/S676.pdf |
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