1 of 1 HOUSE DOCKET, NO. 3370 FILED ON: 1/17/2025 HOUSE . . . . . . . . . . . . . . . No. 1279 The Commonwealth of Massachusetts _________________ PRESENTED BY: Steven Owens _________________ 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 resolve: Resolve creating a special commission on affordable housing insurance. _______________ PETITION OF: NAME:DISTRICT/ADDRESS :DATE ADDED:Steven Owens29th Middlesex1/17/2025Vanna Howard17th Middlesex3/9/2025 1 of 2 HOUSE DOCKET, NO. 3370 FILED ON: 1/17/2025 HOUSE . . . . . . . . . . . . . . . No. 1279 By Representative Owens of Watertown, a petition (accompanied by resolve, House, No. 1279) of Steven Owens and Vanna Howard for an investigation and study by a special commission (including members of the General Court) to develop statutory and regulatory framework to address the setting of rates by insurance companies for properties with affordability restrictions. Financial Services. The Commonwealth of Massachusetts _______________ In the One Hundred and Ninety-Fourth General Court (2025-2026) _______________ Resolve creating a special commission on affordable housing insurance. 1 Resolved, that there shall be a special commission established to develop a statutory and 2regulatory framework to address the setting of rates by insurance companies for properties with 3affordability restrictions and properties where tenants use vouchers to pay part or all of their rent. 4The commission shall report its findings, including any proposed legislation, to the house and 5senate committees on ways and means, the joint committee on financial services and the joint 6committee on housing no later than December 31, 2026. 7 The commission shall consist of 10 members including: 1 member of the house of 8representatives appointed by the speaker of the house; 1 member of the senate appointed by the 9senate president; the commissioner of insurance, or a designee, who will act as chair; the 10secretary of the executive office of housing and livable communities, or a designee; the attorney 11general, or a designee; 1 of whom shall be a representative from the Citizens' Housing And 12Planning Association; 1 of whom shall be a representative from the Massachusetts Association 13of Community Development Corporations; 1 of whom shall be a representative from the 2 of 2 14Builders of Color Coalition; 1 of whom shall be a representative from the National Association 15of Industrial and Office Properties Massachusetts; and 1 of whom shall be represent an insurance 16trade association.