California Flood Insurance Act (2010)

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A California Flood Insurance Act (10-0013) did not qualify for the November 2, 2010 ballot in California as an initiated state statute.

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.

Ballot label details

Ballot title: Provides That Property Owners May Not Be Required to Obtain or Maintain Flood Insurance. Initiative Statute.

Official summary: 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.

Estimated fiscal impact: No significant state and local fiscal impact.

Path to the ballot

See also: California signature requirements

433,971 signatures are 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 2010. If the signatures are, instead, collected by the initiative's 150-day deadline of September 2, 2010, the measure would go on the ballot in a future year.

External links

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