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HR 550 119th Congress House Finance and Financial Sector

Wildfire Insurance Coverage Study Act of 2025

Introduced: January 16, 2025 Introduced by: Waters, Maxine Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 16, 2025
Referred to the House Committee on Financial Services.
Jan 16, 2025
Introduced in House
 Plain-English summary Congressional Research Service

Wildfire Insurance Coverage Study Act of 2025

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.

What's happening now January 16, 2025

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1