summary
Introduced
02/16/2023
02/16/2023
In Committee
04/26/2023
04/26/2023
Crossed Over
04/28/2023
04/28/2023
Passed
04/28/2023
04/28/2023
Dead
Signed/Enacted/Adopted
06/01/2023
06/01/2023
Introduced Session
2023 Regular Session
Bill Summary
Provides that licensed inspectors are to provide hurricane mitigation inspections on site-built, single-family, residential properties; revises information provided to homeowners as part of hurricane mitigation inspection; revises criteria for mitigation grant eligibility for homeowners; revises amount low-income homeowners may receive from DFS under grant program; removes provision authorizing low-income homeowners to use grant funds for specified purposes; removes provision requiring contracts entered into by DFS to be reviewed & approved by LBC; requires DFS to develop certain quality assurance & reinspection program.
AI Summary
This bill amends the existing My Safe Florida Home Program to make several changes. It requires that inspectors conducting home inspections for the program be licensed, rather than just trained and certified. It revises the information that must be provided to homeowners as part of the hurricane mitigation inspections, including estimated insurance premium discounts. The bill also revises the eligibility criteria for the mitigation grant program, increasing the maximum insured value of eligible homes to $700,000 and increasing the maximum grant amount for low-income homeowners to $10,000. Additionally, the bill removes the requirement for contracts entered into by the Department of Financial Services to be reviewed and approved by the Legislative Budget Commission, and requires the department to develop a quality assurance and reinspection program.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (5)
Other Sponsors (1)
Insurance & Banking Subcommittee (House)
Last Action
Chapter No. 2023-176 (on 06/01/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
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