Restoring Competitive Property Insurance Availability Act
Summary
Restoring Competitive Property Insurance Availability Act This bill excludes from the gross income of specified insurance companies (other than life insurance companies) certain income from providing qualified real property insurance after a federally declared disaster. The bill defines qualified real property insurance income to mean the excess of premiums received by such insurance companies for real property insurance for property located in the disaster area, over deductions properly allocable to such premiums.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
President
Introduced Mar 10, 2023
Last action Mar 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 10, 2023
Committee
Referred to the House Committee on Ways and Means.
lower
Mar 10, 2023
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Clay Higgins
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HR 1545
Scope: US
Hi! I can help you understand HR 1545. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline