Also tagged in: Archives, Authorization, Budgets, Congress, Congressional reporting requirements, Data banks, Department of the Interior, Earth sciences, Education, Emergency management, Environmental engineering, Environmental protection, Environmental Protection Agency, Executive departments, Executive Office of the President, Executive reorganization, Federal advisory bodies, Federal officials, Geographic information systems, Geology, Geophysical prediction, Government employees, Government information, Higher education, Land use, Maps, Natural resources, Outdoor recreation, Paleontology, Science policy, Scientific education, Sports, Strategic planning, Technology
Latest Action: 02/01/2008 - Referred to the Subcommittee on Energy and Mineral Resources. Bill TextTo reauthorize and amend the National Geologic Mapping Act of 1992. 1/29/2008--Introduced. National Geologic Mapping Reauthorization Act of 2008 - Amends the National Geologic Mapping Act of 1992 to extend deadlines for development of a five-year strategic plan for the geologic mapping program and for appointment of the advisory committee. Removes from program objectives the development of a geophysical- and geochemical- map database. Directs that mapping priorities be based in part on the needs of the Department of the Interior land management agencies.Modifies the composition of the advisory committee and increases the number of members on such committee. Requires the advisory committee, at the request of the President, the President's designee, the Committee on Natural Resources of the House of Representatives, or the Committee on Energy and Natural Resources of the Senate, to provide an overview report on the quality, utility, and appropriateness of geologic [...] show full description
Also tagged in: Bank accounts, Business, Casualty insurance, Disaster insurance, Earthquakes, Emergency management, Finance, Floods, Income tax, Insurance companies, Law, Losses, Property insurance, Reinsurance, Storms, Tax deductions, Taxation, Trusts and trustees, Tsunamis, Water resources
Latest Action: 03/20/2007 - Sponsor introductory remarks on measure. (CR S3360-3362) Bill TextA bill to amend the Internal Revenue Code of 1986 to provide for the creation of disaster protection funds by property and casualty insurance companies for the payment of policyholders' claims arising from future catastrophic events. 3/20/2007--Introduced. Policyholder Disaster Protection Act of 2007 - Amends the Internal Revenue Code to allow insurance companies (other than life insurance companies) to make tax deductible contributions to a tax-exempt policyholder disaster protection fund established by this Act for the payment of policyholders' claims arising from certain catastrophic events, such as windstorms, earthquakes, fires, or floods.
Also tagged in: Administrative procedure, Building construction, Building laws, Building materials, Business, Casualty insurance, Coinsurance, Congress, Congressional investigations, Congressional reporting requirements, Department of the Treasury, Disaster insurance, Earthquakes, Economic policy, Emergency management, Executive departments, Federal advisory bodies, Finance, Fires, Floods, Government information, Government publicity, Government trust funds, Governmental investigations, Housing, Hurricanes, Indexing (Economic policy), Insurance companies, Insurance premiums, Law, Losses, Property insurance, Public contracts, Reinsurance, Risk, State and local government, State laws, Storms, Tornadoes, Tsunamis
Latest Action: 03/20/2007 - Sponsor introductory remarks on measure. (CR S3360-3362) Bill TextA bill to establish a program to provide more protection at lower cost through a national backstop for State natural catastrophe insurance programs to help the United States better prepare for and protect its citizens against the ravages of natural catastrophes, to encourage and promote mitigation and prevention for, and recovery and rebuilding from such catastrophes, to better assist in the financial recovery from such catastrophes, and to develop a rigorous process of continuous improvement. 3/20/2007--Introduced. Homeowners Protection Act of 2007 - Directs the Secretary of the Treasury to establish the National Commission on Catastrophe Preparation and Protection to advise the Secretary regarding: (1) estimated loss costs associated with the contracts for reinsurance coverage; and (2) development of prevention, mitigation, recovery, and rebuilding standards that better prepare and protect the United States from catastrophes. Instructs the Secretary to implement [...] show full description
Also tagged in: Alabama, Budgets, Building laws, Business, Casualty insurance, Congress, Congressional reporting requirements, Depressed areas, Disaster insurance, Earthquakes, Economic policy, Emergency management, Executive departments, Federal advisory bodies, Finance, Floods, Florida, Government insurance, Government trust funds, Housing, Hurricanes, Income tax, Insurance companies, Legislation, Louisiana, Mississippi, Property insurance, Public-private partnerships, Reinsurance, Risk, Tax deferral, Tax exemption, Taxation, Texas, Tsunamis, Urban affairs, Zoning and zoning law
Latest Action: 01/17/2007 - Referred to the House Committee on Financial Services. Bill TextTo establish a bipartisan commission on insurance reform. 1/17/2007--Introduced. Commission on Catastrophic Disaster Risk and Insurance Act of 2007 - Establishes the bipartisan Commission on Catastrophic Disaster Risk and Insurance to assess: (1) the condition of the property and casualty insurance and reinsurance markets in the aftermath of Hurricanes Katrina, Rita, and Wilma in 2005, and the four major hurricanes that struck the United States in 2004; (2) the ongoing exposure of the United States to windstorms, earthquakes, volcanic eruptions, tsunamis, and floods; and (3) recommend and report legislative and regulatory changes that will improve the domestic and international financial health and competitiveness of such markets.
Also tagged in: Alabama, Budgets, Building laws, Business, Casualty insurance, Congress, Congressional reporting requirements, Depressed areas, Disaster insurance, Earthquakes, Economic policy, Emergency management, Executive departments, Federal advisory bodies, Finance, Floods, Florida, Government insurance, Government trust funds, Housing, Hurricanes, Income tax, Insurance companies, Legislation, Louisiana, Mississippi, Property insurance, Public-private partnerships, Reinsurance, Risk, Tax deferral, Tax exemption, Taxation, Texas, Tsunamis, Urban affairs, Zoning and zoning law
Latest Action: 01/12/2007 - Sponsor introductory remarks on measure. (CR S518) Bill TextA bill to establish a bipartisan commission on insurance reform. 1/12/2007--Introduced. Commission on Catastrophic Disaster Risk and Insurance Act of 2007 - Establishes the bipartisan Commission on Catastrophic Disaster Risk and Insurance to assess: (1) the condition of the property and casualty insurance and reinsurance markets in the aftermath of Hurricanes Katrina, Rita, and Wilma in 2005, and the four major hurricanes that struck the United States in 2004; (2) the ongoing exposure of the United States to earthquakes, volcanic eruptions, tsunamis, and floods; and (3) recommend and report legislative and regulatory changes that will improve the domestic and international financial health and competitiveness of such markets.
Also tagged in: Archives, Authorization, Budgets, Congress, Congressional reporting requirements, Data banks, Department of the Interior, Earth sciences, Education, Emergency management, Environmental engineering, Environmental protection, Environmental Protection Agency, Executive departments, Executive Office of the President, Executive reorganization, Federal advisory bodies, Federal officials, Geographic information systems, Geology, Geophysical prediction, Government employees, Government information, Higher education, Land use, Maps, Natural resources, Outdoor recreation, Paleontology, Science policy, Scientific education, Sports, Strategic planning, Technology
Latest Action: 02/15/2007 - Committee on Energy and Natural Resources. Reported by Senator Bingaman without amendment. With written report No. 110-9. Bill TextA bill to reauthorize and amend the National Geologic Mapping Act of 1992. 2/15/2007--Reported to Senate without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) National Geologic Mapping Reauthorization Act of 2007 - Amends the National Geologic Mapping Act of 1992 to extend deadlines for development of a five-year strategic plan for the geologic mapping program and for appointment of the advisory committee. Removes from program objectives the development of a geophysical- and geochemical- map database. Directs that mapping priorities be based in part on the needs of the Department of the Interior land management agencies. Modifies the composition of the advisory committee and increases the number of members on such committee. Requires the advisory committee to provide a scientific overview of geologic maps (including maps of [...] show full description
Also tagged in: Apartment houses, Auctions, Auditing, Budgets, Building laws, Business, Condominium (Housing), Congress, Congressional investigations, Congressional reporting requirements, Cooperative housing, Disaster insurance, Earthquakes, Economic policy, Emergency management, Executive departments, Federal advisory bodies, Finance, Fires, Floods, Government information, Government liability, Government paperwork, Government publicity, Government trust funds, Housing, Hurricanes, Income tax, Indexing (Economic policy), Insurance companies, Insurance premiums, Law, Property insurance, Public contracts, Reinsurance, Restrictive trade practices, State and local government, State laws, Tsunamis, Water resources
Latest Action: 01/09/2007 - Referred to the House Committee on Financial Services. Bill TextTo establish a Federal program to provide reinsurance to improve the availability of homeowners' insurance. 1/9/2007--Introduced. Homeowners' Insurance Availability Act of 2007 - Instructs the Secretary of the Treasury to implement a reinsurance coverage program available only through contracts for reinsurance coverage purchased at regional auctions. States that the purpose of the program is to improve: (1) the availability of homeowners' insurance for the purpose of facilitating the pooling, and spreading the risk, of catastrophic financial losses from disasters; and (2) the solvency of the homeowners' insurance markets. Prescribes implementation guidelines that include establishment: (1) in the Treasury of the Disaster Reinsurance Fund; and (2) of a National Commission on Catastrophe Risks and Insurance Loss Costs.
Also tagged in: Administrative procedure, Building construction, Building laws, Building materials, Business, Casualty insurance, Coinsurance, Congress, Congressional investigations, Congressional reporting requirements, Department of the Treasury, Disaster insurance, Earthquakes, Economic policy, Emergency management, Executive departments, Federal advisory bodies, Finance, Fires, Floods, Government information, Government publicity, Government trust funds, Governmental investigations, Housing, Hurricanes, Indexing (Economic policy), Insurance companies, Insurance premiums, Law, Losses, Property insurance, Public contracts, Reinsurance, Risk, State and local government, State laws, Storms, Surety and fidelity, Tornadoes, Tsunamis
Latest Action: 01/04/2007 - Referred to the House Committee on Financial Services. Bill TextTo establish a program to provide reinsurance for State natural catastrophe insurance programs to help the United States better prepare for and protect its citizens against the ravages of natural catastrophes, to encourage and promote mitigation and prevention for, and recovery and rebuilding from such catastrophes, and to better assist in the financial recovery from such catastrophes. 1/4/2007--Introduced. Homeowners Insurance Protection Act of 2007 - Instructs the Secretary of the Treasury to establish the National Commission on Catastrophe Preparation and Protection to advise the Secretary regarding estimated loss costs associated with contracts for reinsurance coverage. Authorizes the Secretary to make homeowners protection coverage available through contracts for reinsurance coverage. Restricts purchase of such coverage to eligible state programs. Prescribes criteria for state eligibility. Requires each contract for reinsurance coverage to provide insurance [...] show full description
Also tagged in: Bank accounts, Business, Casualty insurance, Disaster insurance, Earthquakes, Emergency management, Finance, Floods, Income tax, Insurance companies, Law, Losses, Property insurance, Reinsurance, Storms, Tax deductions, Taxation, Trusts and trustees, Tsunamis, Water resources
Latest Action: 01/04/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to provide for the creation of disaster protection funds by property and casualty insurance companies for the payment of policyholders' claims arising from future catastrophic events. 1/4/2007--Introduced. Policyholder Disaster Protection Act of 2007 - Amends the Internal Revenue Code to allow insurance companies (other than life insurance companies) to make tax deductible contributions to a tax-exempt policyholder disaster protection fund established by this Act for the payment of policyholders' claims arising from certain catastrophic events, such as windstorms, earthquakes, fires, or floods.
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