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SCR 186: REQUESTING THE FEDERAL HOUSING FINANCE AGENCY TO DIRECT FANNIE MAE AND FREDDIE MAC TO REPEAL OR REDUCE THE MINIMUM INSURANCE REQUIREMENTS IN GUIDE SECTION 4703.2, REQUIRING CONDOMINIUM MASTER INSURANCE POLICY COVERAGE FOR ALL PERILS IN AN AMOUNT EQUAL TO ONE HUNDRED PERCENT OF THE REPLACEMENT COST VALUE OF THE PROJECT'S IMPROVEMENTS.

  • Session Year: 2025-2026
  • House: Senate

Current Status:

In Progress

(2025-03-12: Referred to EIG, CPN.)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

REQUESTING THE Federal Housing Finance Agency to direct Fannie Mae and Freddie Mac to repeal OR REDUCE THE MINIMUM INSURANCE REQUIREMENTS IN Guide Section 4703.2, REQUIRING CONDOMINIUM MASTER INSURANCE POLICY COVERAGE for ALL PERILS in an amount equal to ONE hundred percent OF THE replacement cost value of the project's improvements.

News Coverage:

SCR 186: REQUESTING THE Federal Housing Finance Agency to direct Fannie Mae and Freddie Mac to repeal OR REDUCE THE MINIMUM INSURANCE REQUIREMENTS IN Guide Section 4703.2, REQUIRING CONDOMINIUM MASTER INSURANCE POLICY COVERAGE for ALL PERILS in an amount equal to ONE hundred percent OF THE replacement cost value of the project's improvements. | Digital Democracy