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HB20-1142

Hazard Mitigation Grant Program

Type Bill
Session 2020 Regular Session
Subjects
Natural Resources & Environment State Government

Concerning the creation of an enterprise that is exempt from the requirements of section 20 of article X of the state constitution to administer a fee-based hazard mitigation grant program.

Bill Summary:

Section 1 of the bill creates the hazard mitigation enterprise (enterprise). The enterprise collects a fee on insurance companies that offer certain insurance policies and use the fee revenue to finance the hazard mitigation grant program, provide public education on the importance of insurance in buying down risk and for the continuity of business operations, and provide local governments technical information and support on natural hazard mitigation through land use and building codes. The enterprise awards hazard mitigation grants to assist entities that apply for federal grants that require matching funds and are dedicated to assisting in the implementation of pre-disaster hazard mitigation measures.

Section 2 sets the fee at .05% of the insurance premiums collected by insurance companies that offer certain insurance policies.

The enterprise shall submit a report by July 1 of each year to the committees of reference of the general assembly to which the department of public safety is assigned regarding the grant program.


(Note: This summary applies to this bill as introduced.)

Status

Lost

Introduced

Lost

Related Documents & Information

Date Version Documents
01/17/2020 Introduced PDF
Date Version Documents
02/21/2020 PA1 PDF
Date Version Documents
10/23/2020 FN2 PDF
01/30/2020 FN1 PDF
Activity Vote Documents
Postpone House Bill 20-1142 indefinitely. The motion passed on a vote of 11-0. Vote summary
Activity Vote Documents
Adopt amendment L.001 (Attachment A). The motion passed without objection. Vote summary
Refer House Bill 20-1142, as amended, to the Committee on Finance. The motion passed on a vote of 7-4. Vote summary
Activity Vote Documents
Date Amendment Number Committee/ Floor Hearing Status Documents
02/20/2020 L.001 HOU Energy & Environment Passed [*] PDF
Date Location Action
05/28/2020 House House Committee on Finance Postpone Indefinitely
02/20/2020 House House Committee on Energy & Environment Refer Amended to Finance
02/06/2020 House House Committee on Energy & Environment Witness Testimony and/or Committee Discussion Only
01/17/2020 House Introduced In House - Assigned to Energy & Environment + Finance + Appropriations

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