HOUSE DOCKET, NO. 4326 FILED ON: 12/1/2015
HOUSE . . . . . . . . . . . . . . . No.
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The Commonwealth of Massachusetts
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PRESENTED BY:
James M. Murphy
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act to lower home insurance premiums.
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PETITION OF:
Name: | District/Address: | Date Added: |
James M. Murphy | 4th Norfolk | 12/1/2015 |
HOUSE DOCKET, NO. 4326 FILED ON: 12/1/2015
HOUSE . . . . . . . . . . . . . . . No.
By Mr. Murphy of Weymouth, a petition (subject to Joint Rule 12) of James M. Murphy relative to home insurance premiums. Financial Services. |
The Commonwealth of Massachusetts
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In the One Hundred and Eighty-Ninth General Court
(2015-2016)
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An Act to lower home insurance premiums.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Notwithstanding any law, rule or regulation to the contrary, home insurance premiums shall be based on depreciated costs not replacement values.