The proposed bill, General Assembly Proposed Bill No. 5087, aims to amend the state's statutes to enhance the crumbling foundations remediation scheme by including pyrite as a recognized material that contributes to foundation issues. This addition seeks to address the growing concerns regarding the structural integrity of homes affected by pyrite, thereby expanding the scope of remediation efforts available to homeowners.

Additionally, the bill mandates that realty documents must contain a disclosure informing potential homebuyers that if they choose to waive a home inspection, they will not be eligible for financial aid from the Connecticut Foundation Solutions Indemnity Company, Inc. This requirement is intended to ensure that homebuyers are fully aware of the implications of waiving an inspection, thereby promoting informed decision-making in the home buying process.