S. 926 · 110th Congress

Policyholder Disaster Protection Act of 2007

Stage
In committee
Introduced
2007-03-20
Latest action
2007-03-20 · Introduced in Senate

Summary

Policyholder Disaster Protection Act of 2007 - 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.