Bill > HB1219

This bill requires the University System of Maryland to conduct a comprehensive study, in collaboration with various state agencies and local emergency managers, to examine the complex relationship between climate change, the availability and cost of homeowner's insurance, and the state's preparedness for emergencies and disasters. The study will investigate how climate change impacts insurance rates and availability, analyze the effects of federal policies and funding on disaster preparedness, and assess existing local resources for disaster recovery. By January 1, 2027, the University System must submit a report to the General Assembly detailing the current status of the National Flood Insurance Program and the private flood insurance market, and proposing recommendations. These recommendations will include strategies for incentivizing homeowners to invest in protective measures against extreme weather through various financial mechanisms like tax credits and grants, potential changes to insurance laws to reward resilient homes and communities, best practices for funding emergency management, and suggestions for dedicated funding streams and allocation of resources for disaster response and recovery.

Transportation and Infrastructure

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1219?ys=2026RS