SB2782 - The Mississippi Comprehensive Hurricane And Wind Damage Mitigation Program; create and set provisions related thereto.

1 Co-Sponsor

An Act To Amend Section 27-7-1001, Mississippi Code Of 1972, To Define Certain Terms Related To Catastrophe Savings Accounts, Including Disaster Mitigation Expenses And Disaster Recovery 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 Program 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 Funds For The Mississippi Comprehensive Hurricane And Wind Damage Mitigation Program; To Transfer Five Million Dollars From The Surplus Lines Association To The Mississippi Comprehensive Hurricane And Wind Damage Mitigation Program Trust Fund; And For Related Purposes.