Lowering CAR Insurance Act

This bill would require the Director of the Federal Insurance Office to send a report on the automobile insurance industry each year by September 30. The report would go to the President, the House Committee on Financial Services, and the Senate Committee on Banking, Housing, and Urban Affairs. It would include recommendations for laws to lower the cost of auto insurance, plus other information the Director finds relevant or the committees request. The requirement would take effect 90 days after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Susie Lee Democrat sponsor
• 1 cosponsors