Bill Type
Congress Name
Full Title of Bill
AN ACT ESTABLISHING A NATIONAL FRAMEWORK FOR THE MANDATORY ENVIRONMENTAL INSURANCE COVERAGE OF ENVIRONMENTALLY CRITICAL PROJECTS
Text as filed (link)
Date filed
June 30, 2022
Date Read
July 26, 2022
Bill Status
Pending with the Committee on ECOLOGY since 2022-07-26
Committee Details
Primary Committee
Legislative History
| House Bill/Resolution NO. HB00165 |
| FULL TITLE : AN ACT ESTABLISHING A NATIONAL FRAMEWORK FOR THE MANDATORY ENVIRONMENTAL INSURANCE COVERAGE OF ENVIRONMENTALLY CRITICAL PROJECTS |
| ABSTRACT : Seeks to require Mandatory Environmental Insurance Coverage for owners and operators of environmentally-critical projects whose activities destroy or pose risks to the environment, the ecosystems and their constituent elements; Provides that said insurance shall guarantee sufficient funding coverage for the needed restoration and compensate for damages caused by their operations.Provides that Environmentally-Critical Projects (ECPs) shall include heavy industries, major manufacturing industries, major resource-extractive industries, major infrastructure projects, and other similar projects that could pose serious risks to people and the environment. |
| PRINCIPAL AUTHOR/S : MARCOLETA, RODANTE D., TANCHAY, CAROLINE L. |
| DATE FILED : 2022-06-30 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Rivera (000 2022-09-06) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON ECOLOGY ON 2022-07-26 |
Abstract
ABSTRACT : Seeks to require Mandatory Environmental Insurance Coverage for owners and operators of environmentally-critical projects whose activities destroy or pose risks to the environment, the ecosystems and their constituent elements; Provides that said insurance shall guarantee sufficient funding coverage for the needed restoration and compensate for damages caused by their operations.Provides that Environmentally-Critical Projects (ECPs) shall include heavy industries, major manufacturing industries, major resource-extractive industries, major infrastructure projects, and other similar projects that could pose serious risks to people and the environment.
Significance