Commission on Catastrophic Disaster Risk and Insurance Act of 2007
Latest action · Jan 17, 2007 Referred to the House Committee on Financial Services.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 17, 2007
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 1
Members who signed on, in the order they did. All signed on May 21, 2007.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Diane E. Watson | May 21, 2007 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Jan 17, 2007 |
Actions 2
Everything that happened, newest first.
- Jan 17, 2007Introduced in House
- Jan 17, 2007Referred to the House Committee on Financial Services.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 292 | Commission on Catastrophic Disaster Risk and Insurance Act of 2007 | Related bill | Jan 12, 2007 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To establish a bipartisan commission on insurance reform.
- Short Titles as Introduced
- Commission on Catastrophic Disaster Risk and Insurance Act of 2007
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
- Alabama
- Building laws
- Casualty insurance
- Commerce
- Congress
- Congressional reporting requirements
- Depressed areas
- Disaster insurance
- Earthquakes
- Economics and Public Finance
- Emergency Management
- Federal advisory bodies
- Finance and Financial Sector
- Floods
- Florida
- Government insurance
- Government Operations and Politics
- Government trust funds
- Housing and Community Development
- Hurricanes
- Income tax
- Insurance companies
- Legislation
- Louisiana
- Mississippi
- Property insurance
- Public-private partnerships
- Reinsurance
- Risk
- Tax deferral
- Tax exemption
- Taxation
- Texas
- Tsunamis
- Urban affairs
- Volcanoes
- Zoning and zoning law
Text 1
Each version as it was printed, newest first.
- Jan 17, 2007Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
