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United States · Bill · HR

H.R. 4115 (104th)

Residential Windstorm Insurance Plan Act of 1996

referredUnited States· United States Congress· EN

Introduced

19 September 1996

Last action

3 October 1996 · Referred

Status

Referred to the Subcommittee on Water Resources and Environment.

Sponsors

Del. Frazer, Victor O. [I-VI-At Large], Rep. McKinney, Cynthia A. [D-GA-4], Rep. Owens, Major R. [D-NY-11], Rep. Lewis, John [D-GA-5], Rep. Waters, Maxine [D-CA-43], Rep. Moran, James P. [D-VA-8], Rep. Rush, Bobby L. [D-IL-1], Rep. LaFalce, John J. [D-NY-29], Rep. Clayton, Eva M. [D-NC-1], Del. Faleomavaega, Eni F. H. [D-AS-At Large], Rep. Brown, Corrine [D-FL-5], Rep. Green, Gene [D-TX-29], Rep. Hinchey, Maurice D. [D-NY-22], Sen. Brown, Sherrod [D-OH], Rep. Hastings, Alcee L. [D-FL-20], Rep. Watt, Melvin L. [D-NC-12], Rep. Serrano, Jose E. [D-NY-15], Rep. Rangel, Charles B. [D-NY-15], Rep. Kaptur, Marcy [D-OH-9], Rep. Ward, Mike [D-KY-3], Sen. Markey, Edward J. [D-MA], Rep. Stupak, Bart [D-MI-1], Rep. Wynn, Albert Russell [D-MD-4], Rep. Cummings, Elijah E. [D-MD-7], Rep. Meek, Carrie P. [D-FL-17], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Jefferson, William J. [D-LA-2]

Subjects

Taxation

Source updated

21 August 2025

Taxation

Summary

Residential Windstorm Insurance Plan Act of 1996 - Instructs the Director of the Federal Emergency Management Agency to study the advisability and feasibility of establishing a Residential Windstorm Insurance Program designed to provide windstorm insurance to residential property owners unable to obtain coverage in the private market. Delineates Program contents and considerations. Requires the Director to: (1) submit to specified congressional committees study conclusions and estimated Program costs; and (2) enter into an arrangement with the National Academy of Sciences to conduct a feasibility study regarding the establishment of a Federal earthquake insurance program modeled after the "Write Your Own" Program under the National Flood Insurance Program. Directs the Comptroller General, the Secretary of the Treasury, and the Secretary of Commerce to report to the Congress the results of a joint study evaluating the public policy issues associated with conferring favorable Federal tax treatment to multiyear insurance reserves set aside by private insurers for future catastrophic natural disasters.

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

Timeline

  1. 19 September 1996

    Referred

    Referred to the Subcommittee on Housing and Community Opportunity.

    Source: Committee

  2. 19 September 1996

    Introduced

    Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Banking and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  3. 19 September 1996

    Introduced

    Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Banking and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  4. 19 September 1996

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 19 September 1996

    Introduced

    Introduced in House

    Source: IntroReferral

  6. 3 October 1996

    Referred

    Referred to the Subcommittee on Water Resources and Environment.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 19 September 1996

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 19 September 1996

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 19 September 1996

    Open at official source

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Sponsors

Related records

Sources

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