To require the Government Accountability Office to conduct a study regarding insurance coverage for damages from wildfires, and for other purposes.
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.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 47 - 2.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-589.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-589.
Placed on the Union Calendar, Calendar No. 489.
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