Insurance: Climate and Sustainability Insurance and Risk Reduction Grant Program.

Summary

The bill would have the Department of Insurance set up a Climate and Sustainability Insurance and Risk Reduction Grant Program, funded only if the Legislature appropriates money. It targets underserved neighborhoods, aiming to test community‑based and parametric insurance, link insurance to nature‑based risk reduction, and educate residents about insurance’s role in climate resilience. The measure failed to pass.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

From committee: Do pass and re-refer to Com. on APPR. (Ayes 17. Noes 0.) (April 23). Re-referred to Com. on APPR. · Apr 23, 2025

Hearings

• Appropriations Committee Hearing
  Appropriations · May 23, 2025
• Appropriations Committee Hearing
  Appropriations · May 14, 2025
• Insurance Committee Hearing
  Insurance · Apr 23, 2025

History

1. Feb 2, 2026From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2. Jan 31, 2026Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
3. May 23, 2025In committee: Held under submission.
4. May 14, 2025In committee: Set, first hearing. Referred to APPR. suspense file.
5. Apr 23, 2025From committee: Do pass and re-refer to Com. on APPR. (Ayes 17. Noes 0.) (April 23). Re-referred to Com. on APPR.
6. Apr 23, 2025Coauthors revised.
7. Apr 21, 2025Re-referred to Com. on INS.
8. Apr 10, 2025From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended.
9. Mar 18, 2025Re-referred to Com. on INS.
10. Mar 17, 2025Referred to Com. on INS.
11. Mar 17, 2025From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended.
12. Feb 24, 2025Read first time.

The 12 most recent of 14 recorded actions.

Sponsors

• Celeste Rodriguez · sponsor
• Gipson
• Harabedian

Bill text

Opens the legislature’s own copy.

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