The proposed bill, General Assembly Proposed Bill No. 340, aims to amend section 38a-331 of the general statutes by eliminating the requirement that insureds under certain homeowners insurance policies pay the surcharge imposed pursuant to said section. This change seeks to relieve homeowners from the financial burden of this surcharge, which is currently mandated under existing law. The bill is introduced by Senator Sampson from the 16th District and has been referred to the Committee on Insurance and Real Estate. The statement of purpose clarifies that the intent of the legislation is to remove the surcharge requirement for insured homeowners, thereby potentially making homeowners insurance more affordable.