U.S. Congress - H.R.998 Policyholder Disaster Protection Act of 2009
H.R.998 - Policyholder Disaster Protection Act of 2009
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. view all titles (2)
All Bill Titles
- Official: 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. as introduced.
- Short: Policyholder Disaster Protection Act of 2009 as introduced.
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Official Summary
2/11/2009--Introduced.Policyholder Disaster Protection Act of 2009 - 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 thOfficial Summary
2/11/2009--Introduced.Policyholder Disaster Protection Act of 2009 - 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....Read the Rest
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Recent Blog Coverage
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H.R.998: Student Non-Discrimination Act of 2011 - U.S. Congress ...
His latest legislative initiative is HR 998, the Student Non-Discrimination Act, a widely supported, bipartisan bill that will add sexual orientation and gender identity to the Title 9 protections afforded students who are victims of ... - -. Source: Howie
NAR Testifies at Property Insurance Hearing - mahermuhawieh's blog
Gus Bilirakis for property mitigation and H.R. 998 by Rep. Tom Rooney for insurance company reserve funds to pay claims arising from catastrophic events. All of these ideas could work together as critical elements of a comprehensive ...
Economic Legislation: Earthquake Risk, Insurance, and Recovery ...
... (2) a provision for a tax-free accumulation of reserves to pay catastrophe losses (H.R. 998/S. 1486), (3) a Treasury program to guarantee state-issued debt (H.R. 4014/S. 886), (4) a federal reinsurance backstop (H.R. 83), ...
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