Mississippi Legislature

1999 Regular Session

House Bill 1269

[Introduced]

Instructions Bill Status Menu




History of Actions

Background

Title

Description: Mississippi Catastrophe Fund Act; create.

History of Actions:

101/18/99(H)Referred To Insurance;Ways and Means
202/02/99(H)Died In Committee

Background Information:

Effective dateJuly 1, 1999
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredYes

House Committees:

Principal Author: Simpson

Title: AN ACT TO CREATE THE "MISSISSIPPI CATASTROPHE FUND ACT"; TO PROVIDE DEFINITIONS; TO CREATE THE MISSISSIPPI CATASTROPHE FUND TO BE ADMINISTERED BY THE STATE BOARD OF ADMINISTRATION; TO REQUIRE EACH INSURER WRITING POLICIES IN THIS STATE TO ENTER INTO A CONTRACT WITH THE BOARD WHEREIN THE INSURER RECEIVES REIMBURSEMENT COVERAGE IN EXCHANGE FOR A REIMBURSEMENT PREMIUM PAID TO THE FUND; TO PROVIDE METHODS OF DETERMINING THE AMOUNT OF THE PREMIUM; TO PROVIDE FOR AN ADVISORY COUNCIL TO THE BOARD; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/02/99 at 17:07.



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