I
118THCONGRESS
1
STSESSION H. R. 274
To require a report by the Comptroller General of the United States on
a national all-hazards disaster insurance program.
IN THE HOUSE OF REPRESENTATIVES
JANUARY11, 2023
Ms. J
ACKSONLEEintroduced the following bill; which was referred to the
Committee on Financial Services
A BILL
To require a report by the Comptroller General of the United
States on a national all-hazards disaster insurance program.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. NATIONAL ALL-HAZARDS DISASTER INSUR-3
ANCE PROGRAM. 4
Not later than 320 days after the date of enactment 5
of this Act, the Comptroller General of the United States 6
shall submit to Congress a report on— 7
(1) the feasibility and design of a national all- 8
hazards disaster insurance program; 9
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•HR 274 IH
(2) the risk of property owners continuing to 1
underinsure or have no insurance on homes and the 2
implications of those actions on the financial sta-3
bility of the housing market; 4
(3) the challenge of developing actuarial tables 5
to determine premiums and the setting options for 6
premium payments for disaster declaration policies 7
to be collected annual, quarterly, or monthly; and 8
(4) the challenges and feasibility of selling poli-9
cies at the same time a property casualty policy is 10
purchased. 11
Æ
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