United States · Bill · HR
H.R. 5915 (111th)
Catastrophe Savings Accounts Act of 2010
Introduced
28 July 2010
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
10 December 2025
Summary
Catastrophe Savings Accounts Act of 2010 - Amends the Internal Revenue Code to create tax-exempt catastrophe savings accounts (CSAs). Allows tax-free distributions from CSAs to pay expenses resulting from a presidentially declared major disaster. Limits CSA balances to: (1) $2,000 (for individuals with homeowner insurance deductibles of not more than $1,000); and (2) the lesser of $15,000 or twice a homeowner's insurance deductible (for individuals with deductibles of more than $1,000).
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 28 July 2010
Introduced in House (PDF)
Introduced in House · EN · 28 July 2010
Introduced in House
summary · EN · 28 July 2010
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/111th-congress/house-bill/5915
- Open data entity: https://api.congress.gov/v3/bill/111/hr/5915