S. 972 · 108th Congress
Comprehensive Holocaust Accountability in Insurance Act
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ColemanSponsor1 cosponsor · 1 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Comprehensive Holocaust Accountability in Insurance Act - Authorizes the States to establish information requirements on insurers as a condition of doing insurance business in the host State.
What it does: CRS summary · Introduced in Senate · May 1, 2003
Comprehensive Holocaust Accountability in Insurance Act - Authorizes the States to establish information requirements on insurers as a condition of doing insurance business in the host State.
Permits a State to require that an insurer provide specified information regarding Holocaust era insurance policies, including policies sold or held.
Permits a State to require that an insurer certify that: (1) proceeds of the policy were paid; (2) the beneficiaries of the policy or heirs could not, after diligent search, be located, and the proceeds were distributed to Holocaust survivors or charities; (3) a court of law has certified a plan for the distribution of the proceeds; or (4) the proceeds have not been distributed.
Establishes a Federal cause of action for any covered claim brought under this Act against one of several specified foreign insurance companies that arises out of the insurance coverage involved in an original request for payment made by a listed Holocaust victim or the heirs of beneficiaries of such victim.
Requires an action brought under this Act to be filed not later than ten years after its enactment.
Lists covered foreign insurance companies.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Comprehensive Holocaust Accountability in Insurance Act
Latest action (May 1, 2003): Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S5665)
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: May 1, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.