MS HB1479 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 20 2025 - 25% progression
Action: 2025-01-20 - Referred To Insurance;Accountability, Efficiency, Transparency
Pending: House Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Provide For A Hurricane Deductible; To Provide Definitions; To Provide That For All Homeowners' Insurance Policies Or Other Policies Insuring A One- Or Two-family Owner Occupied Premises For Fire And Allied Lines, Issued Or Renewed By Authorized Insurers On Or After January 1, 2026, Any Separate Deductible That Applies In Place Of Any Other Deductible To Loss Or Damage Resulting From A Named Storm Or Hurricane Shall Be Applied On An Annual Basis To All Named-storm Or Hurricane Losses That Are Subject To The Separate Deductible During The Calendar Year; To Bring Forward Sections 83-2-3, 83-5-1, 83-1-191, 27-7-1001, 27-7-1003, 27-7-1005, 27-7-1007, 83-34-16, 83-75-1, 83-75-3, 83-75-5, 83-75-7 And 83-34-1, Mississippi Code Of 1972, For The Purpose Of Possible Amendment; And For Related Purposes.

Tracking Information

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Title

Insurance; revise the hurricane deductible.

Sponsors


History

DateChamberAction
2025-01-20HouseReferred To Insurance;Accountability, Efficiency, Transparency

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2771001New CodeSee Bill Text
2771003New CodeSee Bill Text
2771005New CodeSee Bill Text
2771007New CodeSee Bill Text
831191New CodeSee Bill Text
8323New CodeSee Bill Text
83341New CodeSee Bill Text
833416New CodeSee Bill Text
8351New CodeSee Bill Text
83751New CodeSee Bill Text
83753New CodeSee Bill Text
83755New CodeSee Bill Text
83757New CodeSee Bill Text

Mississippi State Sources


Bill Comments

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