MS HB1687 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 5 2024 - 100% progression
Action: 2024-03-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 5 2024 - 100% progression
Action: 2024-03-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Provide That Before Issuing A Personal Lines Residential Property Insurance Policy, The Insurer Shall Offer A Policy That Provides A Coverage Limit On The Dwelling Equal To The Unpaid Principal Balance Of All Deeds Of Trust On The Collateral; To Exclude Condominiums From The Provisions Of This Act; And For Related Purposes.
Title
Personal lines residential property insurance policy; provide option for policy that only covers unpaid principal balance on collateral.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-05 | House | Died In Committee |
| 2024-02-19 | House | Referred To Judiciary A |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2024/pdf/history/HB/HB1687.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2024/html/HB/1600-1699/HB1687IN.htm |
