Skip to main content
HR 5915 111th Congress House

Catastrophe Savings Accounts Act of 2010

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

Introduced: July 30, 2010 See on congress.gov
Taxation Bank accounts, deposits, capitalDisaster relief and insuranceIncome tax exclusion
Sign in to write a letter Sign in to watch
This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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
Jul 28, 2010
Referred to the House Committee on Ways and Means.
Jul 28, 2010
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 July 28, 2010

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Catastrophe Savings Accounts Act of 2010 - 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 1484 Related bill Catastrophe Savings Accounts Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Diaz-Balart, Mario
Florida · Jul 30, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5915: Catastrophe Savings Accounts Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-HR-5915/
MLA
"H.R. 5915: Catastrophe Savings Accounts Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-5915/.
Bluebook (legal)
H.R. 5915, 111th Cong. (2026), https://openamerica.io/bill/111-HR-5915/.
Markdown link
[H.R. 5915: Catastrophe Savings Accounts Act of 2010](https://openamerica.io/bill/111-HR-5915/)
Report a problem