summary
Introduced
01/03/2024
01/03/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
03/08/2024
03/08/2024
Introduced Session
2024 Regular Session
Bill Summary
An act relating to My Safe Florida Home Program; amending s. 215.5586, F.S.; providing for home inspections for flood damage under the My Safe Florida Home Program; requiring the Department of Financial Services to contract with flood certification entities to provide mitigation inspections; providing requirements for flood certification entities to qualify for selection by the department; revising requirements for wind certification entities to qualify for selection by the department; revising the purpose of the program mitigation grants; providing requirements for flood mitigation grants; providing details for the maximum state contribution to the mitigation grants; authorizing flood mitigation inspectors to participate as mitigation contractors under the program under certain circumstances; requiring matching fund grants to be made available to certain entities for projects that reduce flood damage; revising uses for hurricane mitigation grants; providing uses for flood mitigation grants; revising requirements for grants for townhouses; providing requirements for grants for condominium units; prohibiting the department from awarding mitigation grants to homeowners under certain circumstances; authorizing education and outreach campaigns on flood inspections and flood damage mitigation; providing rulemaking authority; revising the department inspector list to include flood mitigation inspectors and flood mitigation inspections; providing appropriations; providing an effective date.
AI Summary
This bill establishes the My Safe Florida Home Program within the Department of Financial Services to provide hurricane and flood damage mitigation inspections and grants for eligible homeowners. Key provisions include:
- Allowing the department to contract with flood certification entities to provide flood mitigation inspections, in addition to existing wind certification entities for hurricane mitigation inspections.
- Expanding the program's purpose to include flood damage mitigation, in addition to hurricane damage mitigation.
- Establishing eligibility requirements for flood mitigation grants, including that the home must be in a 100-year floodplain, the community must participate in the National Flood Insurance Program, and the home must be covered by flood insurance.
- Increasing the maximum state contribution for the combined hurricane and flood mitigation grants to a lifetime cap of $10,000 per home.
- Authorizing the department to conduct education and outreach campaigns on flood inspections and flood damage mitigation.
- Appropriating $200 million in nonrecurring funds for mitigation grants and $5 million for administrative costs for the 2024-2025 fiscal year.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Died in Insurance & Banking Subcommittee (on 03/08/2024)
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://www.flsenate.gov/Session/Bill/2024/1143 |
BillText | https://www.flsenate.gov/Session/Bill/2024/1143/BillText/Filed/PDF |
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