Introduced
by
To increase the maximum amount that municipalities can withhold from a property owner’s fire insurance settlement until there is evidence that the property is or will be repaired, replaced, or removed. Under current law local governments can withhold up to $8,295, which is indexed to inflation. The bill would increase this to $12,000.
Referred to the Committee on Local Government
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
by
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote
Amendment offered
by
To fine tune details related to how the withheld money can be used.
The amendment passed by voice vote
Passed in the House 97 to 13 (details)
Referred to the Committee on Insurance
Amendment offered
To establish procedures for a local government using escrowed money to demolish damaged property.
The amendment passed by voice vote
Passed in the Senate 36 to 0 (details)
To increase the maximum amount that municipalities can withhold from a property owner’s fire insurance settlement until there is evidence that the property is or will be repaired, replaced, or removed. Under current law local governments can withhold up to $8,295, which is indexed to inflation. The bill would increase this to $12,000.
Passed in the House 94 to 14 (details)
To concur with the Senate-passed version of the bil.
