Requires the Department of Consumer and Business Services to establish a program to assist eligible entities in paying the costs of property insurance or liability insurance premiums for affordable housing, shelters and other facilities. Specifies requirements for eligibility for the program. Requires the department to report to an interim committee of the Legislative Assembly related to housing not later than December 15 of each year. Establishes the Affordable Housing Premium Assistance Fund and continuously appropriates moneys in the fund to the department to implement the department's program. Requires the department to study the feasibility of creating and operating a state reinsurance program or devising another solution to support price stability in the market for insurance to cover affordable housing. Declares an emergency, effective on passage.
Effective date, July 24, 2025.
Chapter 600, 2025 Laws.
Governor signed.
Speaker signed.
President signed.
Third reading. Carried by Marsh. Passed.
Rules suspended. Carried over to June 24, 2025 Calendar.
Rules suspended. Carried over to June 23, 2025 Calendar.
Second reading.
Recommendation: Do pass.
Referred to Ways and Means.
First reading. Referred to Speaker's desk.
Third reading. Carried by Pham. Passed.
Second reading.
Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)
Work Session held.
Returned to Full Committee.
Work Session held.
Assigned to Subcommittee On Transportation and Economic Development.
Referred to Ways and Means by order of the President.
Recommendation: Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.)
Work Session held.
Public Hearing held.
Public Hearing held.
Referred to Housing and Development.
Introduction and first reading. Referred to President's desk.
| Bill Text Versions | Format |
|---|---|
| A-Engrossed | |
| B-Engrossed | |
| Enrolled | |
| Introduced | |
| Senate Amendments to A-Engrossed | |
| Senate Amendments to Introduced | |
| SHDEV Amendment -2 | |
| JWM Amendment -A3 |
| Document | Format |
|---|---|
| 2025-03-26 Proposed Amendment -1 | |
| 2025-03-31 Proposed Amendment -2 | |
| 2025-04-02 Proposed Amendment -2 | |
| 2025-06-10 Proposed Amendment -A3 |
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If you notice any inconsistencies with these official sources, feel free to file an issue.
