Federal RuleAug 21
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DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
119-hr-10686119th CongressWALLET
Community Disaster Protection Act
Sponsored By: Representative Min, Dave [D-CA-47]
Introduced
Summary
Creates a Community-Based Catastrophe Insurance (CBCI) pilot to help communities share and manage large disaster losses. The pilot would fund local programs that pair new insurance tools with incentives for resilience to protect high-exposure properties and test ways to stabilize private insurance markets.
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- Families and households in targeted areas would gain new insurance or parametric payout options and clearer plain-language disclosures about covered perils, triggers, limits, and how products interact with disaster aid.
- States, Tribal governments, Native organizations, nonprofits, and community groups could receive competitive grants to design, run, enroll people in, or even operate CBCI programs, including buying reinsurance or using digital delivery tools.
- State insurance regulators and private insurers must be involved and retained authority; the pilot would test nontraditional risk-transfer models to inform how markets and regulators manage catastrophe risk.
*Authorizes $20.0 million per year for fiscal years 2027 through 2031 for the pilot, totaling $100.0 million, and the CBCI authority would terminate September 30, 2031.*
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Bill Overview
Analyzed Economic Effects
5 provisions identified: 4 benefits, 0 costs, 1 mixed.
Grants for community disaster insurance
This bill would authorize $20 million per year for fiscal years 2027 through 2031 for a FEMA pilot to support community-based catastrophe insurance. FEMA would have to set up the pilot within 1 year and issue program guidance within 180 days. Grants would be competitively awarded to States, Tribes, community groups, and other covered entities. The pilot authority would end on September 30, 2031.
Community insurance payouts and disclosures
This bill would allow community programs to use parametric payments that pay fixed or graduated amounts when objective triggers are met, with verification and timely payout. It would require strategies to reduce basis risk and clear, plain‑language disclosures before enrollment and at renewal that compare parametric and indemnity features, list covered perils, limits, deductibles, waiting periods, and effects on other disaster aid. The bill would also require premiums to be actuarially sound and permit reinvesting excess funds into loss‑reduction measures. These rules could speed payments for some households but also create basis risk or actuarially priced premiums that raise costs for others.
State control of insurance rules
This bill would leave insurance oversight with State regulators and say federal agencies cannot set rates, license insurers, or approve policy forms under the pilot. Covered entities would have to comply with State insurance laws and get a regulator determination or written confirmation before offering products. Coverage must be placed with insurers or risk entities eligible under State law, and sales must be handled by licensed producers or authorized exemptions. The pilot authority would end on September 30, 2031.
Studies and reporting on pilot results
This bill would require the Comptroller General to deliver two studies on the pilot. The first would be due within 1 year after at least 3 covered entities have used a program for a hazard or within 3 years after the pilot starts, whichever is earlier. The second would be due within 1 year after the pilot ends. Grant recipients would have to provide reasonable performance data while protecting proprietary information.
What grants can pay for
This bill would let grant recipients use funds for consumer research, targeted outreach and enrollment, catastrophe risk modeling, and designing parametric or indemnity products. Grants could pay to build claims systems, evaluate programs, and secure non‑Federal capital and accounts to receive funds. Recipients could design premium‑assistance mechanisms only if those subsidies are funded with non‑Federal sources. The grants would not by themselves guarantee premiums or payments to households.
Sponsors & CoSponsors
Sponsor
Min, Dave [D-CA-47]
CA • D
Cosponsors
Rep. Olszewski, Johnny [D-MD-2]
MD • D
Sponsored 10/1/2026
Rep. Bera, Ami [D-CA-6]
CA • D
Sponsored 10/1/2026
Rep. Bonamici, Suzanne [D-OR-1]
OR • D
Sponsored 10/1/2026
Rep. Case, Ed [D-HI-1]
HI • D
Sponsored 10/1/2026
Rep. Castor, Kathy [D-FL-14]
FL • D
Sponsored 10/1/2026
Rep. Cisneros, Gilbert Ray [D-CA-31]
CA • D
Sponsored 10/1/2026
Rep. Cohen, Steve [D-TN-9]
TN • D
Sponsored 10/1/2026
Rep. Dexter, Maxine [D-OR-3]
OR • D
Sponsored 10/1/2026
Rep. Kennedy, Timothy M. [D-NY-26]
NY • D
Sponsored 10/1/2026
Rep. Levin, Mike [D-CA-49]
CA • D
Sponsored 10/1/2026
Rep. Mullin, Kevin [D-CA-15]
CA • D
Sponsored 10/1/2026
Rep. Ross, Deborah K. [D-NC-2]
NC • D
Sponsored 10/1/2026
Rep. Salinas, Andrea [D-OR-6]
OR • D
Sponsored 10/1/2026
Rep. Thanedar, Shri [D-MI-13]
MI • D
Sponsored 10/1/2026
Rep. Panetta, Jimmy [D-CA-19]
CA • D
Sponsored 10/5/2026
Rep. Williams, Nikema [D-GA-5]
GA • D
Sponsored 10/5/2026
Rep. Quigley, Mike [D-IL-5]
IL • D
Sponsored 10/5/2026
Rep. Pingree, Chellie [D-ME-1]
ME • D
Sponsored 10/9/2026
Rep. Simon, Lateefah [D-CA-12]
CA • D
Sponsored 10/9/2026
Rep. Wasserman Schultz, Debbie [D-FL-25]
FL • D
Sponsored 10/9/2026
Rep. Casten, Sean [D-IL-6]
IL • D
Sponsored 10/22/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov