HR 6749 · 95th Congress · Finance and Financial Sector

A bill to provide that essential property insurance is available at reasonable rates under state FAIR plans.

Introduced 1977-04-28· Sponsored by Rep. Holtzman, Elizabeth [D-NY-16]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1977-04-28)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the National Housing Act to limit the rates which may be charged for property insurance under State FAIR plans to the advisory rates set by the State licensed rating organization. Permits the Secretary of Housing and Urban Development to allow higher rates upon a showing of extraordinary need.…

Summarized by Claude AI · Non-partisan · For informational purposes only