H 1217
An Act relative to modernizing private flood insurance
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill aims to modernize private flood insurance in Massachusetts. It seeks to address issues within the existing system, potentially focusing on improving affordability and accessibility for homeowners. The legislation likely intends to create changes to how flood insurance is offered and managed, aiming for a more efficient and effective market. The specific details of these changes are still being developed through committee hearings and study orders.
Key provisions
- Requires a study to examine current private flood insurance practices.
- May address affordability challenges within the flood insurance market.
- Could involve changes to the process of obtaining flood insurance.
- Likely focuses on improving the overall efficiency of the private flood insurance system.
- Related to previous bills with similar goals (H.1133, H.1064, H.1085, S.720, S.719).
Who is affected
- Homeowners in Massachusetts
- Private flood insurance companies
- The Massachusetts insurance industry
- Individuals seeking flood insurance
Notable changes
- Potential changes to flood insurance rates.
- Possible reforms to the existing flood insurance system.
- The bill is part of a series of similar legislative efforts.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Patrick Joseph Kearney
Cosponsor
Patrick Joseph Kearney
Arguments in favor
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Bill H.1217 194th (Current)
An Act relative to modernizing private flood insurance
By Representative Kearney of Scituate, a petition (accompanied by bill, House, No. 1217) of Patrick Joseph Kearney relative to modernizing private flood insurance. Financial Services.
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Bill Information
Bill Information
Presenter: Patrick Joseph Kearney
Tabs
Bill History Petitioners Committee Vote Committee Summary Hearing Attendance
Bill History
Displaying 4 actions for Bill H.1217
| Date | Branch | Action |
| 2/27/2025 | House | Referred to the committee on Financial Services |
| 2/27/2025 | Senate | Senate concurred |
| 5/7/2025 | Joint | Hearing scheduled for 05/13/2025 from 10:00 AM-01:00 PM in A-2 |
| 4/21/2026 | House | Accompanied a study order, see H5336 |
Similar Bills
H.1133 192nd (2021 - 2022)
An Act relative to modernizing private flood insurance
H.1064 193rd (2023 - 2024)
An Act relative to modernizing private flood insurance
H.1085 194th (Current)
An Act relative to an investigation to review flood insurance rates
S.720 192nd (2021 - 2022)
An Act relative to modernizing private flood insurance
S.719 194th (Current)
An Act relative to private flood insurance
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