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United States · Bill · HR

H.R. 1552 (108th)

Homeowners' Insurance Availability Act of 2003

referredUnited States· United States Congress· EN

Introduced

1 April 2003

Last action

11 April 2003 · Referred

Status

Referred to the Subcommittee on Housing and Community Opportunity.

Sponsors

Rep. Weldon, Dave [R-FL-15], Rep. John, Christopher [D-LA-7], Sen. Wicker, Roger F. [R-MS], Rep. Diaz-Balart, Lincoln [R-FL-21], Rep. Diaz-Balart, Mario [R-FL-26], Sen. Blackburn, Marsha [R-TN], Rep. Owens, Major R. [D-NY-11], Rep. Cunningham, Randy (Duke) [R-CA-50], Sen. Isakson, Johnny [R-GA], Rep. Pickering, Charles W. "Chip" [R-MS-3], Rep. Ros-Lehtinen, Ileana [R-FL-27], Rep. Bishop, Rob [R-UT-1], Rep. Sherman, Brad [D-CA-32], Rep. Tancredo, Thomas G. [R-CO-6], Rep. Boyd, Allen [D-FL-2], Rep. Pallone, Frank [D-NJ-6], Rep. Simmons, Rob [R-CT-2], Rep. Wilson, Joe [R-SC-2], Rep. Etheridge, Bob [D-NC-2], Rep. Meek, Kendrick B. [D-FL-17], Rep. Cardoza, Dennis A. [D-CA-18], Rep. Brown-Waite, Ginny [R-FL-5], Rep. McNulty, Michael R. [D-NY-23], Rep. Case, Ed [D-HI-1], Rep. Turner, Jim [D-TX-2], Rep. Davis, Jim [D-FL-11], Rep. Wolf, Frank R. [R-VA-10], Rep. Davis, Lincoln [D-TN-4], Rep. Eshoo, Anna G. [D-CA-18], Rep. Fletcher, Ernie [R-KY-6], Rep. Michaud, Michael H. [D-ME-2], Del. Christensen, Donna M. [D-VI-At Large], Rep. Frost, Martin [D-TX-24], Rep. Price, David E. [D-NC-4], Rep. Shaw, E. Clay, Jr. [R-FL-22], Rep. Feeney, Tom [R-FL-24], Rep. Hooley, Darlene [D-OR-5], Del. Bordallo, Madeleine Z. [D-GU-At Large], Rep. Andrews, Robert E. [D-NJ-1], Rep. McCarthy, Karen [D-MO-5], Rep. Berkley, Shelley [D-NV-1], Rep. Larsen, Rick [D-WA-2], Sen. Vitter, David [R-LA]

Subjects

Discovery layer

Source updated

18 August 2025

Official sourceDownload fileView documentsShare

Summary

Homeowners' Insurance Availability Act of 2003 - 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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 1 April 2003

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 1 April 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 1 April 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 11 April 2003

    Referred

    Referred to the Subcommittee on Housing and Community Opportunity.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 1 April 2003

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 1 April 2003

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 1 April 2003

    Open at official source

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Sponsors

Related records

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Sources

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