H.R.3644 - Commission on Natural Catastrophe Risk Management and Insurance Act of 2007110th Congress (2007-2008)
|Sponsor:||Rep. Shays, Christopher [R-CT-4] (Introduced 09/24/2007)|
|Committees:||House - Financial Services|
|Latest Action:||09/24/2007 Referred to the House Committee on Financial Services. (All Actions)|
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- Finance and Financial Sector
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Summary: H.R.3644 — 110th Congress (2007-2008)All Bill Information (Except Text)
Introduced in House (09/24/2007)
Commission on Natural Catastrophe Risk Management and Insurance Act of 2007 - Establishes the Commission on Natural Catastrophe Risk Management and Insurance to report to Congress on the natural catastrophe insurance marketplace, including: (1) the extent to which insurance costs and availability are affected by specified factors; (2) which factors the federal government should address to increase catastrophe insurance availability and competitiveness; and (3) actions the federal government can undertake to achieve this goal without requiring a long-term cross-subsidy from taxpayers.
Requires the Commission to report to certain congressional committees before the beginning of the 2008 hurricane season.