Assembly Bill A5874

2025-2026 Legislative Session

Establishes the strengthen homes program

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2025-A5874 (ACTIVE) - Details

See Senate Version of this Bill:
S7265
Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Add Art 6 §§601 - 603, Ins L; add §99-ss, St Fin L

2025-A5874 (ACTIVE) - Summary

Establishes the strengthen homes program to promote the strengthening of homes in order to protect against severe weather through remodeling grants and insurance discounts.

2025-A5874 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5874
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 24, 2025
                                ___________
 
 Introduced by M. of A. HUNTER -- read once and referred to the Committee
   on Insurance
 
 AN ACT to amend the insurance law and the state finance law, in relation
   to establishing the strengthen homes program
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. The insurance law is amended by adding a new article  6  to
 read as follows:
                                 ARTICLE 6
                         STRENGTHEN HOMES PROGRAM
 SECTION 601. PURPOSE.
         602. STRENGTHEN HOMES PROGRAM.
         603. PREMIUM DISCOUNT OR INSURANCE RATE REDUCTION.
   §  601.  PURPOSE.  THE  PURPOSE  OF  THIS  ARTICLE  IS  TO PROMOTE THE
 STRENGTHENING OF HOMES IN ORDER TO PROTECT AGAINST SEVERE WEATHER.
   § 602. STRENGTHEN HOMES PROGRAM. (A) THE STRENGTHEN HOMES  PROGRAM  IS
 HEREBY  CREATED  WITHIN  THE  DEPARTMENT. THE SUPERINTENDENT, AS PROGRAM
 ADMINISTRATOR, MAY MAKE FINANCIAL GRANTS TO RETROFIT ROOFS OF  INSURABLE
 PROPERTY,  AS  DEFINED IN PARAGRAPH SIX OF SUBSECTION (B) OF SECTION SIX
 HUNDRED THREE OF THIS ARTICLE, WITH A HOMESTEAD EXEMPTION TO RESIST LOSS
 DUE TO HURRICANE, TORNADO, OR OTHER CATASTROPHIC WINDSTORM EVENTS AND TO
 MEET OR EXCEED THE FORTIFIED ROOF STANDARD OF  THE  INSURANCE  INSTITUTE
 FOR BUSINESS AND HOME SAFETY.
   (B)  THE  SUPERINTENDENT  SHALL PROMULGATE RULES GOVERNING ELIGIBILITY
 REQUIREMENTS FOR GRANTS AND THE ADMINISTRATION  OF  THE  PROGRAM,  WHICH
 SHALL  INCLUDE APPLICATION FORMS AND PROCEDURES FOR SEEKING A GRANT. THE
 RULES SHALL SET FORTH THAT APPLICATIONS WILL BE  ACCEPTED  ON  A  FIRST-
 COME,  FIRST-SERVED  BASIS  WITHIN  EACH  INCOME TIER ESTABLISHED BY THE
 SUPERINTENDENT, WITH PRIORITY GIVEN TO LOWER-INCOME  APPLICANTS,  APPLI-
 CANTS WHO LIVE IN LOCATIONS THAT, BASED ON HISTORICAL DATA, HAVE A HIGH-
 ER SUSCEPTIBILITY TO CATASTROPHIC WEATHER EVENTS, AND APPLICANTS MEETING
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09026-01-5
              

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