HB1534: Make Mississippi Resilient and Strong Act; create.

Legislative Summary

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 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 Annual Reporting Requirements Of The Association; To Provide For The Supervision Of The Association By The Commissioner Of Insurance; To Provide For Election Of A Board Of Directors; To Provide The Powers Of The Association; To Provide For Assessments Against Insurers To Fund The Association; To Provide That A Member Insurer May Offset Its Assessment Against Its Premium, Franchise Or Income Tax Liability; To Provide That Member Insurers Shall Be Immune From Acts Or Omissions In The Performance Of Their Duties; And For Related Purposes.