Policyholder Disaster Protection Act of 2007

Summary

Official

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.

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Bill Progress

Bill has been introduced and assigned a number

Introduced(1/4/07)

Committee

Passed House

Passed Senate

President

Law