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Report on National All-Hazards Disaster Insurance Program

This bill requires the government to prepare a report on the feasibility of a national all-hazards disaster insurance program. The aim is to assess how such a program could protect homeowners from losses and stabilize the housing market, especially when people are underinsured or uninsured.
Key points
The government will study the possibility and design of a national disaster insurance program.
The report will assess the risks of underinsurance and its impact on the housing market.
Challenges in setting premiums and payment options will be analyzed.
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Additional Information
Print number: 117_HR_114
Sponsor: Rep. Jackson Lee, Sheila [D-TX-18]
Process start date: 2021-01-04
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To require a report by the Comptroller General of the United States on a national all-hazards disaster insurance program.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_114.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-01-04.

What are the main provisions?

Key points include:

  • The government will study the possibility and design of a national disaster insurance program.
  • The report will assess the risks of underinsurance and its impact on the housing market.
  • Challenges in setting premiums and payment options will be analyzed.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Jackson Lee, Sheila [D-TX-18].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Real Estate Economy