To increase the maximum amount that municipalities can withhold from a property owner’s fire insurance settlement until there is evidence that the property is or will be repaired, replaced, or removed. Under current law local governments can withhold up to $8,295, which is indexed to inflation. The bill would increase this to $12,000.
36 Yeas / 0 Nays | |
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Democrat (11 Yeas / 0 Nays) | |
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Excused or Not Voting (2) | |
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