LCO No. 2209 1 of 1
General Assembly Proposed Bill No. 6098
January Session, 2019
LCO No. 2209
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. LUXENBERG, 12th Dist.
AN ACT CONCERNING FORMER HOMEOWNER ELIGIBILITY FOR
FINANCIAL ASSISTANCE FOR CRUMBLING CONCRETE
FOUNDATIONS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That titles 8 and 38a of the general statutes be amended to require 1
that the captive insurance company established pursuant to section 2
38a-91vv of the general statutes provide financial assistance to a 3
former homeowner if, during the period beginning on January 1, 1983, 4
and ending on February 1, 2019, the former homeowner (1) owned a 5
residential building in this state with a concrete foundation that 6
deteriorated due to the presence of pyrrhotite, (2) paid to repair or 7
replace such foundation due to such deterioration, and (3) conveyed 8
title to such building to another person. 9
Statement of Purpose:
To expand to certain former homeowners eligibility to receive financial
assistance for crumbling concrete foundations.