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Florida Republican Mayors Association back
legislation from Rick Scott fixing property insurance
affordability |
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Article Courtesy of The Floridian
By Michael Costeines
Published September 27, 2024
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HIALEAH — Members of the Florida
Republican Mayors Association announced Tuesday they are backing
legislation introduced by Florida Sen. Rick Scott that would address
property insurance affordability currently affecting Florida residents.
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“We are in support of Senator Rick
Scott’s Homeowners Premium Reduction Act that will provide
an annual $10,000 in tax relief from homeowners’ insurance
which will go a long way in helping Florida homeowners who
are struggling to make ends meet for reasons outside of
their control,” Chairman Mayor Esteban "Steve" Bovo said in
a press release.
Bovo also has served as Mayor of Hialeah since 2021.
The Homeowners Premium Tax Reduction Act was introduced by
Scott in August in response to Hurricane Debby. The storm
swept across Florida's Big Bend region damaging power lines,
trees, homes, and businesses.
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Senator Rick Scott |
“It was
great to be with members of the Florida Republican Mayors Association to
discuss the issues most important to Florida families. While we fight
for Florida families and to help folks keep more of their hard-earned
money, I am grateful to have the association’s support for my Homeowners
Premium Reduction Act,” Scott said in the release.
The Florida Republican Mayors Assocation, or FRMA, are a coalition of
mayors from across the state. The roundtable discussion included Miami
Mayor Francis Saurez, West Miami Mayor Eric Diaz Padron, Sunny Isles
Mayor Larissa Svechin, and St. Augustine Mayor Dylan Rumrell.
Specifically, Rumrell suggested that the federal government recognize
municipal investment projects to mitigate flood damage, including in St.
Augustine. The policy would reflect a decrease in flood insurance
premiums to residents who also benefit from the project but currently
does not occur.
“We understand there is no silver bullet that will solve this problem.
As a Mayor and as a homeowner, I look forward to continue working with
Senator Scott and all our elected officials on the municipal, state and
federal levels to find solutions that will alleviate the cost of
property insurance," Bovo continued.
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