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HB 655: Condominium Windstorm Pilot Program

GENERAL BILL by Cassel ; (CO-INTRODUCERS) Bartleman ; Cross ; Eskamani ; Hunschofsky ; Joseph ; Lopez, V. ; Woodson

Condominium Windstorm Pilot Program; Requires OIR to establish Condominium Windstorm Pilot Program for specified purpose; requires office to submit certain information to Legislature by specified date; provides for expiration of program; requires majority vote of total voting interests of condominium association in order to participate in program; provides requirements for associations to participate in program; requires insurance policies issued under program to align with estimated reserves of association; authorizes office, in collaboration with other stakeholders, to create certain educational materials.

Effective Date: 7/1/2024
Last Action: 3/8/2024 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF



Bill History

Date Chamber Action
11/27/2023 House • Filed
12/7/2023 House • Referred to Insurance & Banking Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
1/9/2024 House • 1st Reading (Original Filed Version)
3/8/2024 House • Died in Insurance & Banking Subcommittee