The proposed bill, General Assembly Proposed Bill No. 5087, aims to amend the state's crumbling foundations remediation scheme by including pyrite as a material that contributes to foundation issues. This addition is significant as it expands the scope of the remediation efforts to address homes affected by pyrite, which can lead to structural problems.

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.