|HB 655: Condominium Windstorm Pilot Program
GENERAL BILL by State Representative Hillary Cassell
Companion Bill (Compare) : SB 802
Condominium Windstorm Pilot Program; Requires OIR to establish Condominium Windstorm Pilot Program for specified purpose; requires office to submit certain information to Legislature by specified date; provides for expiration of program; requires majority vote of total voting interests of condominium association in order to participate in program; provides requirements for associations to participate in program; requires insurance policies issued under program to align with estimated reserves of association; authorizes office, in collaboration with other stakeholders, to create certain educational materials.
Effective Date: 7/1/2024