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Wildfire Insurance Coverage Study Act of 2024
7/22/2024, 4:22 PM
Congressional Summary of HR 7462
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.
Read the Full Bill
Current Status of Bill HR 7462
Bill HR 7462 is currently in the status of Bill Introduced since February 26, 2024. Bill HR 7462 was introduced during Congress 118 and was introduced to the House on February 26, 2024. Bill HR 7462's most recent activity was Placed on the Union Calendar, Calendar No. 489. as of July 18, 2024
Bipartisan Support of Bill HR 7462
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7462
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 7462
Wildfire Insurance Coverage Study Act of 2024
Wildfire Insurance Coverage Study Act of 2024
Wildfire Insurance Coverage Study Act of 2023
To require the Government Accountability Office to conduct a study regarding insurance coverage for damages from wildfires, and for other purposes.
Comments
Sponsors and Cosponsors of HR 7462
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