HR 7462 · 118th Congress · Finance and Financial Sector
Wildfire Insurance Coverage Study Act of 2024
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 489.(2024-07-18)
Plain Language Summary
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Wildfire Insurance Coverage Study Act of 2023 This bill requires reports regarding wildfire risk and damage. Specifically, the Government Accountability Office (GAO) must report on trends in wildfire declarations, mitigation practices, state and federal programs regarding wildfire risk, and the need for a national map of wildfire risks. The GAO must also report on (1) the availability and cost of wildfire insurance coverage for homes and commercial property, (2) state regulatory responses to increasing costs of coverage, and (3) impediments to private wildfire insurance coverage.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 7462, Wildfire Insurance Coverage Study Act of 2024
Mar 25, 2024As ordered reported by the House Committee on Financial Services on February 29, 2024
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office