HB 2265 - DIGEST

     Declares that the purpose of this fund is to provide supplemental moneys:  (1) To focus on predisaster planning and preparedness, proactive and reactive mitigation, and response to and recovery from emergencies and disasters in order to reduce the impact of disasters on the state;

     (2) to help to protect lives, property, and the environment from the risk and impact of natural hazards; and

     (3) to promote the development of a standardized, trained, and adequately staffed and equipped state-wide emergency management and mitigation system for use by all state and local emergency management agencies.

     Authorizes the insurance commissioner to make an annual assessment against each insurer doing business in the state on so much of the estimated business of any such company related to the insurance of real property in the form of an annual identifiable surcharge of five dollars imposed on every homeowner's, mobile homeowner's, tenant home renter's, and condominium unit owner's insurance policy and an annual identifiable surcharge of ten dollars imposed on every commercial fire, commercial multiple peril, and business owner's property insurance policy issued or renewed on or after January 1, 2000.