To require the Secretary of the Treasury to establish a catastrophic property loss reinsurance program, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill adds or tightens a reporting req, procurement, definition change provision: 2, reduces a reporting req, compliance mandate, procurement provision: 3. Catastrophic property loss reinsurance program, and adds or tightens a reporting req, compliance mandate provision: 4. Reports on relocation fund and earthquake coverage. It relies on reporting requirements, compliance mandates, procurement rules, and definition changes. The main policy areas are Finance, Energy, and Healthcare.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Adds or tightens a reporting req, procurement, definition change provision: 2.
- Reduces a reporting req, compliance mandate, procurement provision: 3. Catastrophic property loss reinsurance program.
- Adds or tightens a reporting req, compliance mandate provision: 4. Reports on relocation fund and earthquake coverage.
- Expands a compliance mandate, definition change provision: 5. Long-term policy pilot program.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill adds or tightens a reporting req, procurement, definition change provision: 2, reduces a reporting req, compliance mandate, procurement provision: 3. Catastrophic property loss reinsurance program, and adds or tightens a reporting req, compliance mandate provision: 4. Reports on relocation fund and earthquake coverage.
Key Policy Areas
Finance, Energy, Healthcare
Primary Purpose
The bill adds or tightens a reporting req, procurement, definition change provision: 2, reduces a reporting req, compliance mandate, procurement provision: 3. Catastrophic property loss reinsurance program, and adds or tightens a reporting req, compliance mandate provision: 4. Reports on relocation fund and earthquake coverage.
Policy Domains
Sponsors
Legislative Progress
IntroducedMr. Schiff (for himself and Ms. Hirono) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
- "secretary_of_treasury"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
the Secretary of the Treasury. The term statistical plan means— a description of the data elements to be reported
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology