Bill

Bill > HCR172


HI HCR172

Requesting The Federal Housing Finance Agency To Direct Fannie Mae And Freddie Mac To Repeal Or Reduce The Minimum Insurance Requirements In Guide Section 4703.2, Requiring Condominium Master Insurance Policy Coverage For All Perils In An Amount Equal To One Hundred Percent Of The Replacement Cost Value Of The Project's Improvements.


summary

Introduced
03/07/2025
In Committee
03/14/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

RESOLUTION REQUESTING THE Federal Housing Finance Agency to direct Fannie Mae and Freddie Mac to repeal OR REDUCE THE MINIMUM INSURANCE REQUIREMENTS IN Guide Section 4703.2, REQUIRING CONDOMINIUM MASTER INSURANCE POLICY COVERAGE for ALL PERILS in an amount equal to ONE hundred percent OF THE replacement cost value of the project's improvements.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to CPC, FIN, referral sheet 22 (on 03/14/2025)

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