Sponsors (4)
The bill creates a bipartisan, independent commission with the potential to improve disaster-risk policy and insurance outcomes, but its vague governance, data-access limits, funding structure, and procedural rules risk undermining effectiveness and could shift costs onto homeowners and taxpayers.
Homeowners, renters, state and local governments, and taxpayers could benefit from a centralized, independent, bipartisan Commission that produces coordinated, evidence-based recommendations to improve disaster risk management and stabilize insurance markets.
Homeowners, renters, and low-income communities could face fewer uninsured losses and get better access to mitigation guidance, targeted risk-reduction strategies, and insurance outreach that improve affordability and resilience.
The Commission's bipartisan appointment rules and requirement that two State insurance commissioners be from different parties increase balanced representation and reduce the risk of partisan capture of recommendations.
State governments, local governments, homeowners, and taxpayers risk having an ineffectual or stalled Commission because the bill leaves membership, specific duties, funding levels, and detailed timelines undefined and requires a majority of all 26 members to approve recommendations (which vacancies or nonparticipation can stall).
The Commission's effectiveness may be constrained because federal, State, local, and Tribal agencies are not required to share data with it, and mandatory return/destruction rules could both limit access to needed information and later prevent oversight or historical review.
Homeowners, renters, and taxpayers could face higher costs if the Commission's recommendations lead to stricter land-use or building codes, expanded insurance mandates or subsidies, changes in state rate regulation or assessments, or encourage private capital structures that shift risk and costs.
Based on analysis of 7 sections of legislative text.
Creates a temporary federal Commission to assess natural disaster risk, insurance capacity, mitigation, and recommend federal/state/local actions, with a report due in two years.
Official title: To establish a nonpartisan commission on natural disaster risk management, insurance, and other financial and economic protections, and for other purposes.
Introduced April 22, 2026 by Salud Carbajal · Last progress April 22, 2026
Creates an independent, nonpartisan Commission on Natural Disaster Risk Management and Insurance to study U.S. exposure to natural disasters, evaluate insurance and risk-transfer capacity (public and private), assess mitigation and regulatory issues, and recommend federal, state, and local actions. The Commission must consult specified federal agencies and state insurance commissioners and deliver a final report to four congressional committees within two years. The Commission will be 26 members, have specific membership rules and operating procedures, must preserve confidentiality of nonpublic data, terminate 90 days after submitting its report, and may receive unspecified appropriations to carry out its work.