Wildfire Insurance Coverage Study Act of 2024: Exploring Implications of Wildfire Insurance Coverage

Main Subject: Finance and financial sector

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.

House floor actions Actions

Calendars
Jul. 18 2024	Placed on the Union Calendar, Calendar No. 489.

Committee
Jul. 18 2024	Reported (Amended) by the Committee on Financial Services. H. Rept. 118-589.

IntroReferral
Feb. 26 2024	Referred to the House Committee on Financial Services.

Library of Congress Actions

Committee
Jul. 18 2024	Reported (Amended) by the Committee on Financial Services. H. Rept. 118-589.

IntroReferral
Feb. 26 2024	Introduced in House Introduced in House

House committee actions Actions

Committee
Feb. 29 2024	Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 47 - 2. Committee Consideration and Mark-up Session Held

House bill HR7462-118

Wildfire Insurance Coverage Study Act of 2024

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