MS SB2405 | 2025 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 4 2025 - 100% progression
Action: 2025-02-04 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Create The "make Mississippi Resilient And Strong Act"; To Establish The Mississippi Windstorm Mitigation Association Under The Supervision Of The Mississippi Insurance Commissioner; To Provide Services To Members; To Promote Welfare And Economic Development Through 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 Annual Reporting Requirements Of The Association; To Provide For The Supervision Of The Association By The Commissioner Of Insurance; To Provide For Election Of A Board Of Directors; To Provide The Powers Of The Association; To Provide For Assessments Against Insurers To Fund The Association; To Provide That A Member Insurer May Offset Its Assessment Against Its Premium, Franchise Or Income As Liability; To Provide That Member Insurers Shall Be Immune From Acts Or Omissions In The Performance Of Their Duties; And For Related Purposes.

Tracking Information

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Title

Mississippi Windstorm Mitigation Association; establish under Commissioner of Insurance.

Sponsors


History

DateChamberAction
2025-02-04SenateDied In Committee
2025-01-20SenateReferred To Insurance;Appropriations

Mississippi State Sources


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