United States · Bill · HR
H.R. 3303 (106th)
Natural Disaster Insurance Solvency Act of 1999
Introduced
10 November 1999
Last action
—
Status
Referred to the Subcommittee on Housing and Community Opportunity.
Sponsors
—
Subjects
Discovery layer
Source updated
20 August 2025
Summary
Natural Disaster Insurance Solvency Act of 1999 - Establishes the Natural Disaster Insurance Solvency Fund (NDISF) as a non-Federal agency to hold, invest, and distribute private insurance solvency reserve amounts for rare catastrophic events. Directs the NDISF to establish and maintain a Catastrophe Emergency Solvency Reserve Account as a tax-exempt custodial account to hold all contributions of solvency reserve amounts. Mandates NDISF audits by the Comptroller General. Grants the NDISF off-budget status.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 10 November 1999
Introduced in House (PDF)
Introduced in House · EN · 10 November 1999
Introduced in House
summary · EN · 10 November 1999
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/106th-congress/house-bill/3303
- Open data entity: https://api.congress.gov/v3/bill/106/hr/3303