History of Actions | Background | Title |
Description: Mississippi Catastrophe Fund Act; create.
| 1 | 01/18/99 | (H) | Referred To Insurance;Ways and Means | |
| 2 | 02/02/99 | (H) | Died In Committee |
| Effective date | July 1, 1999 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | Yes |
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.
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1999\html\History/HB\HB1269.htm