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Senate committees defer SB696 to flesh out emergency management tax credits, grants and shelters

2255444 · February 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senators heard testimony supporting creation of an office to plan tax credits, grants and shelters for hurricane preparedness but deferred SB696 after questions about details and insurance division concerns.

SB696, a bill to appropriate funds for an office of the governor in collaboration with the insurance division of the Department of Commerce and Consumer Affairs to plan and administer income tax credits, grants to fortify low-income residences, oversee shelter development, and hire staff, was heard by a joint session of the Senate committees on Public Safety & Military Affairs and Commerce & Consumer Protection on Feb. 10, 2025.

The measure drew written and oral testimony from state officials and outside groups. Stella Kam, deputy attorney general, offered comments and provided suggested…

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