Policyholder Disaster Protection Act of 2005
Last action on May 26, 2005Referred to the House Committee on Ways and Means.
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Summary
Policyholder Disaster Protection Act of 2005 - Amends the Internal Revenue Code to allow insurance companies (other than life insurance companies) to make tax deductible contributions to a tax-exempt policyholder disaster protection fund established by this Act for the payment of policyholders' claims arising from certain catastrophic events, such as windstorms, earthquakes, fires, or floods.
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