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Bill > HB1714

MS HB1714

MS HB1714
Make Mississippi Resilient and Strong Act; create for strengthening properties against severe weather.

summary

Introduced
01/19/2026
In Committee
02/19/2026
Crossed Over
02/05/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act To Create The "make Mississippi Resilient And Strong Act"; To Establish The Mississippi Windstorm Mitigation Association To Provide Services To Promote Welfare And Economic Development Through The Strengthening Of Residential Homes And Commercial Properties To Protect Against Severe Weather; To Provide For Grants To Assist In Strengthening Of Residential Homes And Commercial Properties; To Provide For Membership Of The Association; To Provide For A Board Of Directors; To Provide The Powers Of The Association; To Provide For The Funding Of The Association; To Create A Special Fund In The State Treasury To Be Designated The Mississippi Windstorm Mitigation Association Fund For The Purpose Of Providing Funds To Carry Out The Provisions Of This Act; To Provide That Member Insurers Shall Be Immune From Acts Or Omissions In The Performance Of Their Duties; To Amend Section 83-5-73, Mississippi Code Of 1972, To Require All Member Insurers To Pay A Supplemental Fee To Fund The Association; To Amend Section 83-34-5, Mississippi Code Of 1972, To Authorize The Mississippi Windstorm Underwriting Association To Contract With A Third Party For The Determination Of Grant Awards; To Bring Forward Sections 83-34-1 Through 83-34-4 And 83-34-7 Through 83-34-37, Mississippi Code Of 1972, Which Relate To The Mississippi Windstorm Underwriting Association, For Purposes Of Possible Amendment; To Bring Forward Section 83-1-191, Mississippi Code Of 1972, Which Creates The Comprehensive Hurricane Damage Mitigation Program, For Purposes Of Amendment; To Bring Forward Section 83-1-201, Mississippi Code Of 1972, Which Creates The Mississippi Windstorm Mitigation Fund, For Purposes Of Possible Amendment; To Bring Forward Sections 27-15-103 And 27-15-109, Mississippi Code Of 1972, Which Require The Assessment Of A Premium Tax On Foreign And Domestic Insurance Companies, For Purposes Of Possible Amendment; And For Related Purposes.

AI Summary

This bill, known as the "Make Mississippi Resilient and Strong Act," establishes the Mississippi Windstorm Mitigation Association (MWMA) to help strengthen residential and commercial properties against severe weather events like hurricanes and tornadoes. The MWMA will offer grants, up to $15,000 per property, to property owners for retrofitting their homes or businesses to meet specific windstorm resistance standards, such as those from the Insurance Institute for Business and Home Safety. The association will be funded through a supplemental fee of $25 paid by member insurers (companies that write property insurance in Mississippi) for each agent's certificate of authority, in addition to existing premium taxes. A dedicated "Mississippi Windstorm Mitigation Association Fund" will be created in the State Treasury to hold these funds. The bill also outlines the structure of the MWMA's board of directors, its powers, and its operational plan, and provides immunity from liability for those involved in its duties. Additionally, it amends existing laws to allow the Mississippi Windstorm Underwriting Association to contract with third parties for grant award determinations and makes various other provisions related to windstorm mitigation programs and insurance.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Referred To Insurance;Appropriations (on 02/19/2026)

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