Mississippi Department of Insurance; establish comprehensive mitigation program for retrofitting insurable homes.
An Act To Create The "strengthen Mississippi Homes Act" To Establish A Comprehensive Mitigation Program In The Mississippi Department Of Insurance For Retrofitting Insurable Homes; To Amend Section 83-1-191, Mississippi Code Of 1972, To Rename The "comprehensive Hurricane Damage Mitigation Program" To The "strengthen Mississippi Homes Program"; To Include Hurricane, Tornado Or Other Catastrophic Windstorm Event Mitigation; To Remove The Provisions For A Cost-benefit Study On Wind Hazard Mitigation Construction Measures, Wind Certification And Hurricane Mitigation Inspections, And An Advisory Council; To Increase The Amounts Of Financial Grants Offered By The Strengthen Mississippi Homes Program To $15,000.00 Per Home And To Allow The Commissioner Of Insurance To Establish Criteria For Issuing Of Grants By Regulation; To Rename The "comprehensive Hurricane Damage Mitigation Program Fund" To The "strengthen Mississippi Homes Fund"; To Remove The Repealer; To Amend Section 83-5-73, Mississippi Code Of 1972, To Increase The Fee Charged For An Agent's Certificate Of Authority From $25.00 To $50.00; To Provide That One-half Of The Fee Will Be Deposited Into The State General Fund And One-half Of The Fee Will Be Deposited Into The Strengthen Mississippi Homes Fund; And For Other Related Purposes.
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