Policyholder Disaster Protection Act of 1999

Summary

Policyholder Disaster Protection Act of 1999 - Amends the Internal Revenue Code to provide for the creation of disaster protection funds by property and casualty insurance companies for the payment of policyholders' claims arising from certain catastrophic events. Imposes a penalty tax on certain drawdowns from such funds.

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

Timeline

1. 10 November 1999

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 10 November 1999

   Introduced

   Sponsor introductory remarks on measure. (CR S14561-14562)

   Source: IntroReferral

3. 10 November 1999

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 10 November 1999 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 10 November 1999

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 10 November 1999

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 10 November 1999

  Open at official source

Sponsors

• Sen. Mack, Connie, III [R-FL] · R · Sponsor
• Sen. Hutchison, Kay Bailey [R-TX] · R · Sponsor
• · ssfi00 · Standing

Related records

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