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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.[1]

Text of measure

Ballot title

Provides That Property Owners May Not Be Required to Obtain or Maintain Flood Insurance. Initiative Statute.[2]

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.[2]

Fiscal impact

No significant state and local fiscal impact.[2]

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.

See also

External links

Footnotes

  1. Letter to Attorney General requesting a ballot title," accessed January 24, 2014
  2. 2.0 2.1 2.2 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.