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United States · Bill · HR

H.R. 1545 (118th)

Restoring Competitive Property Insurance Availability Act

referredUnited States· United States Congress· EN

Introduced

10 March 2023

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

24 July 2024

Summary

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.

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Documents

3 official files

Introduced in House (text)

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