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United States · Bill · S

S. 928 (110th)

Homeowners Protection Act of 2007

referredUnited States· United States Congress· EN

Introduced

20 March 2007

Last action

20 March 2007 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S3364-3368)

Sponsors

Sen. Nelson, Bill [D-FL], Sen. Martinez, Mel [R-FL]

Subjects

Discovery layer

Source updated

14 August 2025

Official sourceDownload fileView documentsShare

Summary

Homeowners Protection Act of 2007 - Directs the Secretary of the Treasury to establish the National Commission on Catastrophe Preparation and Protection to advise the Secretary regarding: (1) estimated loss costs associated with the contracts for reinsurance coverage; and (2) development of prevention, mitigation, recovery, and rebuilding standards that better prepare and protect the United States from catastrophes. Instructs the Secretary to implement a program designed to make homeowners protection coverage available through contracts for reinsurance. Prescribes guidelines governing: (1) qualified lines of coverage; (2) covered perils; (3) contracts for reinsurance coverage for eligible state programs; and (4) minimum level of retained losses and maximum federal liability. Establishes the Consumer HELP Fund for: (1) payments to covered purchasers under contracts for reinsurance coverage; and (2) operating and administrative costs.

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

Timeline

  1. 20 March 2007

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S3364-3368)

    Source: IntroReferral

  2. 20 March 2007

    Introduced

    Sponsor introductory remarks on measure. (CR S3360-3362)

    Source: IntroReferral

  3. 20 March 2007

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 20 March 2007

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 20 March 2007

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 20 March 2007

    Open at official source

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Sponsors

Related records

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Sources

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