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CT SB00340

CT SB00340
An Act Eliminating The Healthy Homes Fund Surcharge.


summary

Introduced
01/09/2025
In Committee
01/09/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To eliminate the requirement that insureds under certain homeowners insurance policies pay the surcharge imposed pursuant to section 38a-331 of the general statutes.

AI Summary

This bill proposes to eliminate a mandatory surcharge that homeowners insurance policyholders currently pay under section 38a-331 of Connecticut's general statutes. The Healthy Homes Fund Surcharge, which is currently required for certain homeowners insurance policies, would be completely removed, meaning that insureds would no longer be obligated to pay this additional fee when purchasing homeowners insurance. By removing this surcharge, the bill aims to reduce the financial burden on homeowners by eliminating an extra cost associated with their insurance policies. The proposed legislation simply modifies the existing law to strike out the requirement for the surcharge, without providing additional details about the specific amount of the surcharge or the original purpose of the Healthy Homes Fund.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to Joint Committee on Insurance and Real Estate (on 01/09/2025)

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