Posted By admin on March 23, 2011
EXCERPT FROM CS/HB 1A
Section 39. Windstorm Mitigation Study Committee
(1) (a) The Windstorm Mitigation Study Committee is created and shall be composed of eight members as follows:
1. Two members shall be appointed by the Governor, with one designated by the Governor to serve as chair.
2. Two members shall be appointed by the Chief Financial Officer.
3. Two members shall be appointed by the President of the Senate.
4. Two members shall be appointed by the Speaker of the House of Representatives.
(b) Each member must be knowledgeable of issues concerning the mitigation of the effects of windstorms on structures in this state and at least one member must represent primarily the interests of homeowners.
(2) (a) The members of the committee shall serve without compensation, but are entitled to reimbursement for all necessary expenses incurred in performing their duties, including travel expenses, in accordance with s. 112.061, Florida Statutes. Reimbursements for travel shall be paid by the appointing entity.
(b) The committee shall meet as necessary, at the call of the chair, and at the time and place designated by the chair. The committee may conduct its meetings through teleconferences or other similar means. The first meeting of the committee shall occur no later than February 9, 2007.
(3) The Department of Financial Services, the Office of Insurance Regulation, the Citizens Property Insurance Corporation, and other agencies of this state shall supply any information, assistance, and facilities that are considered necessary by the committee to carry out its duties under this section. The department shall provide staff assistance as necessary in order to carry out the required clerical and administrative functions of the committee.
(4) The committee shall analyze those solutions and programs that address the state’s acute need to mitigate the effects of windstorms on structures, especially residential property that is located in areas at greatest risk of windstorm damage, including programs or proposals that provide for:
(a) The availability of home inspections for windstorm resistance.
(b) Grants to assist homeowners, and possibly other groups of property owners, to harden their property against windstorm damage.
(c) The full actuarial value to be reflected in premium credits for windstorm mitigation.
(d) The most effective way to inform policyholders of the availability of and means by which to obtain premium credits for windstorm mitigation.
(e) Coordination among federal, local, and private initiatives.
(f) Streamlining or strengthening applicable state, regional, and local regulations.
(g) The stimulation of public and private efforts to mitigate against windstorm injury and damage.
(h) The discovery and assessment of funding sources for windstorm mitigation.
(i) Tax incentives for windstorm mitigation.
(j) Consumer information concerning the benefits of windstorm mitigation, including personal safety as well as property security.
(k) Research on windstorm mitigation.
The committee may develop any other solutions and programs that it considers appropriate.
(5) In performing its analysis, the committee shall consider both the safety of the residents of this state and the protection of real property, especially residential. In addition, the committee shall consider both short-term and long term solutions and programs.
(6) The committee shall review, evaluate, and make recommendations regarding existing and proposed programs and initiatives for mitigating windstorm damage.
(7) The committee shall provide recommendations, including proposed legislation, to the Governor, the President of the Senate, the Speaker of the House of Representatives, the Chief Financial Officer, and the Commissioner of Insurance Regulation by March 6, 2007.
(8) The committee shall expire on May 15, 2007.