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| 2 | 2 | | SENATE DOCKET, NO. 876 FILED ON: 1/15/2025 |
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| 3 | 3 | | SENATE . . . . . . . . . . . . . . No. 768 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | John F. Keenan |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying |
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| 12 | 12 | | resolve: |
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| 13 | 13 | | Resolve creating a special commission on affordable housing insurance. |
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| 14 | 14 | | _______________ |
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| 15 | 15 | | PETITION OF: |
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| 16 | 16 | | NAME:DISTRICT/ADDRESS :John F. KeenanNorfolk and PlymouthSteven Owens29th Middlesex1/24/2025Vanna Howard17th Middlesex3/7/2025 1 of 2 |
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| 17 | 17 | | SENATE DOCKET, NO. 876 FILED ON: 1/15/2025 |
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| 18 | 18 | | SENATE . . . . . . . . . . . . . . No. 768 |
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| 19 | 19 | | By Mr. Keenan, a petition (accompanied by resolve, Senate, No. 768) of John F. Keenan, Steven |
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| 20 | 20 | | Owens and Vanna Howard that provisions be made to create a special commission on affordable |
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| 21 | 21 | | housing insurance. Financial Services. |
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| 22 | 22 | | The Commonwealth of Massachusetts |
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| 23 | 23 | | _______________ |
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| 24 | 24 | | In the One Hundred and Ninety-Fourth General Court |
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| 25 | 25 | | (2025-2026) |
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| 26 | 26 | | _______________ |
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| 27 | 27 | | Resolve creating a special commission on affordable housing insurance. |
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| 28 | 28 | | 1 Resolved, that there shall be a special commission established to develop a statutory and |
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| 29 | 29 | | 2regulatory framework to address the setting of rates by insurance companies for properties with |
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| 30 | 30 | | 3affordability restrictions and properties where tenants use vouchers to pay part or all of their rent. |
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| 31 | 31 | | 4The commission shall report its findings, including any proposed legislation, to the house and |
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| 32 | 32 | | 5senate committees on ways and means, the joint committee on financial services and the joint |
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| 33 | 33 | | 6committee on housing no later than December 31, 2026. |
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| 34 | 34 | | 7 The commission shall consist of 10 members including: 1 member of the house of |
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| 35 | 35 | | 8representatives, without a designating party; 1 member of the senate, without a designating party; |
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| 36 | 36 | | 9the commissioner of insurance, or a designee, who will act as chair; the secretary of the |
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| 37 | 37 | | 10executive office of housing and livable communities, or a designee; the attorney general, or a |
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| 38 | 38 | | 11designee; 1 of whom shall be a representative from the Citizens' Housing And Planning |
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| 39 | 39 | | 12Association; 1 of whom shall be a representative from the Massachusetts Association of |
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| 40 | 40 | | 13Community Development Corporations; 1 of whom shall be a representative from the Builders |
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| 41 | 41 | | 14of Color Coalition; 1 of whom shall be a representative from the National Association of 2 of 2 |
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| 42 | 42 | | 15Industrial and Office Properties Massachusetts; and 1 of whom shall be represent an insurance |
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| 43 | 43 | | 16trade association. |
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