Mississippi Department of Insurance; establish comprehensive mitigation program for retrofitting insurable homes.
What changed between versions
The maximum financial grant amount per home was reduced from $15,000 to $10,000.
The bill was amended to explicitly state that all grants are subject to annual appropriation by the Legislature.
Hail was added as an eligible catastrophic event for the mitigation program, alongside hurricanes and tornadoes.
A requirement was added that all eligible dwellings must meet or exceed the IBHS FORTIFIED roof standard to receive a grant.
An advisory council was re-established to oversee the program, and the bill mandates annual operational reports to be submitted to the Governor and the Legislature.
New eligibility criteria were added, including that the dwelling must be the applicant's primary residence and must not have previously been retrofitted to meet the IBHS FORTIFIED roof standard.
The effective date of the act was changed from July 1, 2026, to the date of the bill's passage.
