Jan
25
Over the past several months the LSP Association (LSPA) has been active at the Massachusetts State House in support of S.534 - An Act relative to the remediation of home heating oil releases.
This bill, proposed by the LSPA, would make insurance coverage of home heating oil releases mandatory. Currently, only about 5% of homes in Massachusetts using oil heat have insurance coverage. (Check your policy, you might be incorrectly assuming that you are covered).
Since filing the bill, LSPs, attorneys, impacted homeowners and other stakeholders have been heavily involved in advocacy efforts including providing testimony at the State House and meeting with State legislators, the Office of Consumer Affairs and Business Regulation, the Division of Banks, the Division of Insurance, and the Attorney Generals office.
In the next few weeks, the Joint Committee on Financial Services will decide whether this bill will have life or if it will remain in the committee for "study." Senator Jamie Eldridge (D-Acton) is the Senate Chair of this committee. Representative Aaron Michlewitz (D-Boston) is the House Chair.
Read this fact sheet and a briefing paper to learn more about this important consumer and environmental protection issue.
Contact the LSPA at [email protected] for more information or if you would like to get involved.
Below: The LSPA and other stakeholders testify in support of S. 534
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