California Flood Insurance Act (2010)
|Voting on Insurance|
|Not on ballot|
|Not on Ballot|
| This measure did not or |
will not appear on a ballot
John Kertisz filed a letter with the California Attorney General's office on January 26, 2010, requesting a ballot title. The ballot title and summary were provided on April 5, 2010, with a petition drive deadline of September 2, 2010.
Text of measure
Provides That Property Owners May Not Be Required to Obtain or Maintain Flood Insurance. Initiative Statute.
Provides that no law shall require that the owner of any property within the State of California obtain or maintain flood insurance as to that property. Prohibits any lender from requiring flood insurance as a condition of making a loan on real property in the State of California.
No significant state and local fiscal impact.
Path to the ballot
- See also: California signature requirements
433,971 signatures were required to qualify this measure for the ballot. To qualify for the November 2, 2010 ballot, the signatures would have to be collected and submitted by early May of 2010. If the signatures were, instead, collected by the initiative's 150-day deadline of September 2, 2010, the measure would go on the ballot in a future year.