Establishes the Strengthen Mississippi Homes Program to aid homeowners in retrofitting properties to resist hurricane, tornado, or other catastrophic.
The Strengthen Mississippi Homes Act establishes a program within the Mississippi Department of Insurance to aid homeowners in retrofitting properties to resist hurricane, tornado, or other catastrophic windstorm events. The act renames the "Comprehensive Hurricane Damage Mitigation Program Fund" to the "Strengthen Mississippi Homes Fund" and increases the fee for an agent's certificate of authority from $25 to $50, with half of the fee deposited into the Strengthen Mississippi Homes Fund. The program provides financial grants up to $15,000 per home to encourage retrofitting.
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