S. 926 · 110th Congress
Policyholder Disaster Protection Act of 2007
- Stage
- In committee
- Sponsor
- Bill Nelson
- 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.