Skip to main content
HR 4836 109th Congress House

Catastrophe Savings Accounts Act of 2006

Official title: To amend the Internal Revenue Code of 1986 to create Catastrophe Savings Accounts.

Introduced: March 1, 2006 See on congress.gov
Taxation Bank accountsCoinsuranceDisastersEmergency Management
More subjectsShow fewer subjects
Finance and Financial SectorHousing and Community DevelopmentIncome taxLabor and EmploymentLawProperty insuranceSaving and investmentTax exclusionTax penaltiesTrusts and trustees
Sign in to write a letter Sign in to watch
This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 1, 2006
Referred to the House Committee on Ways and Means.
Mar 1, 2006
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action March 1, 2006

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Catastrophe Savings Accounts Act of 2006 - Amends the Internal Revenue Code to create tax-exempt catastrophe savings accounts (CSAs). Allows tax-free distributions from CSAs to pay expenses resulting from a presidentially declared major disaster. Limits CSA balances to: (1) $2,000 (for individuals with homeowner insurance deductibles of not more than $1,000); and (2) the lesser of $15,000 or twice a homeowner's insurance deductible (for individuals with deductibles of more than $1,000).

 Related & companion bills 1
  • S 3115 Identical bill Catastrophe Savings Accounts Act of 2006
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 1 Republican 1
Brown-Waite, Ginny
· Mar 1, 2006
 R
Diaz-Balart, Mario
Florida · Mar 1, 2006
DIAZ-BALART, LINCOLN
· Mar 1, 2006
Mack, Connie
· Mar 1, 2006
 D
Wasserman Schultz, Debbie
Florida · Mar 1, 2006
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4836: Catastrophe Savings Accounts Act of 2006. 109th Congress. Open America. https://openamerica.io/bill/109-HR-4836/
MLA
"H.R. 4836: Catastrophe Savings Accounts Act of 2006." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-4836/.
Bluebook (legal)
H.R. 4836, 109th Cong. (2026), https://openamerica.io/bill/109-HR-4836/.
Markdown link
[H.R. 4836: Catastrophe Savings Accounts Act of 2006](https://openamerica.io/bill/109-HR-4836/)
Report a problem