United States · Bill · S
S. 927 (110th)
Catastrophe Savings Accounts Act of 2007
Introduced
20 March 2007
Last action
20 March 2007 · Introduced
Status
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3363-3364)
Sponsors
Sen. Nelson, Bill [D-FL], Sen. Martinez, Mel [R-FL]
Subjects
Taxation
Source updated
10 December 2025
Summary
Catastrophe Savings Accounts Act of 2007 - 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).
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
20 March 2007
Introduced
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3363-3364)
Source: IntroReferral
20 March 2007
Introduced
Sponsor introductory remarks on measure. (CR S3360-3362)
Source: IntroReferral
20 March 2007
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 20 March 2007 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 20 March 2007
Introduced in Senate (PDF)
Introduced in Senate · EN · 20 March 2007
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Introduced in Senate
summary · EN · 20 March 2007
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Nelson, Bill [D-FL] · D · Sponsor
- Sen. Martinez, Mel [R-FL] · R · Sponsor
- · ssfi00 · Standing
Related records
- related to → Catastrophe Savings Accounts Act of 2007
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/110th-congress/senate-bill/927
- Open data entity: https://api.congress.gov/v3/bill/110/s/927
- us · 110-s-927 · source updated 10 December 2025