S. 3116 · 109th Congress

Policyholder Disaster Protection Act of 2006

Stage
In committee
Introduced
2006-05-25
Latest action
2006-05-26 · Sponsor introductory remarks on measure.

Summary

Policyholder Disaster Protection Act of 2006 - Amends the Internal Revenue Code to allow insurance companies (other than life insurance companies) to make tax deductible contributions to a tax-exempt policyholder disaster protection fund established by this Act for the payment of policyholders' claims arising from certain catastrophic events, such as windstorms, earthquakes, fires, or floods.