Plain English Breakdown
The official source material does not provide specific financial figures for the local insurance fund.
Cameron Parish Local Insurance Program
This act allows Cameron Parish to create a local insurance program that assists homeowners with their home and flood insurance costs.
What This Bill Does
- Allows the governing authority of Cameron Parish to establish a local insurance program by ordinance.
- Requires the ordinance to provide rules for administering and managing the program, including eligibility criteria.
- Permits the creation of a local insurance fund through parish funds, voluntary contributions, or grants.
- Specifies that if the program ends, any remaining money goes back to Cameron Parish's general fund.
Who It Names or Affects
- Homeowners in Cameron Parish who might join the insurance program.
- The governing authority of Cameron Parish responsible for creating and managing the program.
Terms To Know
- Local Insurance Program
- A special plan created by Cameron Parish to assist homeowners with their home and flood insurance costs.
- Eligibility Criteria
- The rules that decide which homeowners qualify for program assistance.
Limits and Unknowns
- Does not specify the exact amount of money in the local insurance fund.
- Does not provide detailed information on what types of voluntary contributions or grants are allowed.
- Does not outline specific day-to-day management details for the parish governing authority.