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Committee approves 'Strength of Mississippi Homes' mitigation fund; sponsors, coastal senators debate scope, funding and administration

2252515 · February 4, 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

A committee substitute for Senate Bill 24-13 would create the Strength of Mississippi Homes mitigation program to fund home retrofits that reduce wind and hurricane damage, with grants up to $15,000 per property funded by an increase in insurance-agent license fees.

Senator Michelle presented the committee substitute for Senate Bill 24-13, retitled the "Strength of Mississippi Homes" program. Sponsor explained the program funds home retrofits to reduce wind and hurricane damage and stated that the substitute avoids diverting money from the state's wind-pool fund. "This committee substitute funds this program with no wind pool diversions," Senator Michelle said, adding that the program is intended to reduce structural failure in wind events by improving roofs, windows and other openings.

Under the substitute, the program would offer up to $15,000 per property for mitigation work (roof reinforcement, stronger windows or shutters…

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