HB 1714

An act to create the "make mississippi resilient and strong act"; To establish the mississippi windstorm mitigation association to provide services to promote welfare and economic development through the 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 for a board of directors; To provide the powers of the association; To provide for the funding of the association; To create a special fund IN the state treasury to be designated the mississippi windstorm mitigation association fund for the purpose of providing funds to carry out the provisions of this act; To provide that member insurers shall be immune from acts OR omissions IN the performance of their duties; To amend section 83-5-73, mississippi code of 1972, to require all member insurers to pay a supplemental fee to fund the association; To amend section 83-34-5, mississippi code of 1972, to authorize the mississippi windstorm underwriting association to contract with a third party for the determination of grant awards; To bring forward sections 83-34-1 through 83-34-4 and 83-34-7 through 83-34-37, mississippi code of 1972, which relate to the mississippi windstorm underwriting association, for purposes of possible amendment; To bring forward section 83-1-191, mississippi code of 1972, which creates the comprehensive hurricane damage mitigation program, for purposes of amendment; To bring forward section 83-1-201, mississippi code of 1972, which creates the mississippi windstorm mitigation fund, for purposes of possible amendment; To bring forward sections 27-15-103 and 27-15-109, mississippi code of 1972, which require the assessment of a premium tax on foreign and domestic insurance companies, for purposes of possible amendment; And for related purposes.