Restoring Competitive Property Insurance Availability Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 10, 2023)
Restoring Competitive Property Insurance Availability Act
This bill excludes from the gross income of specified insurance companies (other than life insurance companies) certain income from providing qualified real property insurance after a federally declared disaster. The bill defines qualified real property insurance income to mean the excess of premiums received by such insurance companies for real property insurance for property located in the disaster area, over deductions properly allocable to such premiums.
What just happenedMar 10, 2023
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseMar 10, 2023
- Mar 10, 2023IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 10, 2023IntroReferralIntro-H
Introduced in House
- Mar 10, 2023IntroReferral1000
Introduced in House