MS HB888 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on April 2 2024 - 100% progression
Action: 2024-04-02 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on April 2 2024 - 100% progression
Action: 2024-04-02 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Amend Section 27-7-1001, Mississippi Code Of 1972, To Define "disaster Mitigation Expense", "disaster Recovery Expenses" And "qualified Catastrophe Expenses"; To Amend Section 27-7-1003, Mississippi Code Of 1972, To Clarify That The Limits On The Total Amount That May Be Contributed To A Catastrophe Savings Account Is An Annual Limit; To Amend Section 27-7-1005, Mississippi Code Of 1972, To Clarify That Catastrophe Savings Accounts May Be Used For Qualified Disaster Mitigation Expenses; To Amend Section 83-1-191, Mississippi Code Of 1972, To Provide That The Mississippi Comprehensive Hurricane And Wind Damage Mitigation Trust Fund Shall Fund The Comprehensive Hurricane And Wind Damage Mitigation Program; To Add "wind" To The Mississippi Comprehensive Hurricane Damage Mitigation Program; To Delete The Repealer; To Create A Special Fund In The State Treasury To Be Designated As The "mississippi Comprehensive Hurricane And Wind Damage Mitigation Program Trust Fund"; To Amend Section 83-2-33, Mississippi Code Of 1972, To Provide That All Property And Casualty Insurance Companies Doing Business In This State Shall Contribute, In Proportion To Their Gross Premiums, To The Mississippi Comprehensive Hurricane And Wind Damage Mitigation Program Trust Fund; To Provide That Total Contributions Collected For The Mississippi Comprehensive Hurricane And Wind Damage Mitigation Program Trust Fund Shall Not Exceed One Million Five Hundred Thousand Dollars; To Transfer Five Million Dollars From The Mississippi Surplus Lines Association To The Mississippi Comprehensive Hurricane And Wind Damage Mitigation Program Trust Fund; To Bring Forward Section 83-2-3, Mississippi Code Of 1972, For The Purpose Of Possible Amendments; And For Related Purposes.
Title
Insurance mitigation; revise various provisions related to.
Sponsors
Roll Calls
2024-03-08 - House - House Passed (Y: 120 N: 0 NV: 2 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-02 | Senate | Died In Committee |
| 2024-03-28 | Senate | DR - TSDPAA: IN To AP |
| 2024-03-21 | Senate | Referred To Insurance;Appropriations |
| 2024-03-11 | House | Transmitted To Senate |
| 2024-03-08 | House | Passed |
| 2024-03-08 | House | Committee Substitute Adopted |
| 2024-03-05 | House | Title Suff Do Pass Comm Sub |
| 2024-02-02 | House | Referred To Insurance |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 27 | 7 | 1001 | Amended Code | See Bill Text |
| 27 | 7 | 1003 | Amended Code | See Bill Text |
| 27 | 7 | 1005 | Amended Code | See Bill Text |
| 83 | 1 | 191 | Amended Code | See Bill Text |
| 83 | 2 | 3 | Amended Code | See Bill Text |
| 83 | 2 | 33 | Amended Code | See Bill Text |
