Ounce of Prevention Act

Reported lobbying issue

Taxation/Internal Revenue Code: -Issues related to the Tax Cuts and Jobs Act. -Ensure international anti-base erosion measures address use of offshore affiliate reinsurance. -Issues related to GILTI+BEAT regulations. -Issues related to OECD Pillar 1 and Pillar 2. -Issues related to Book Minimum. -Issues related to Wildfire Mitigation Tax Credits. -Issues related to implementation of the Inflation Reduction Act. -Issues related to third party litigation funding, including the Litigation Transparency Act, H.R. 1109, and Protecting Our Courts from Foreign Manipulation Act, H.R. 2675. -Tax issues in H.R. 1 (One Big Beautiful Bill Act). -Issues related to H.R. 3512 (Tackling Predatory Litigation Funding Act). Insurance: -General interest in covered agreements. -International discussions on appropriate standards for insurers. -General interest in autonomous vehicle policy. -International Association of Insurance Supervisors (IAIS) development of an Insurance Capital Standard (ICS) including Federal Reserve Board and US Treasury and Federal Insurance Office participation. -General interest in data privacy. -Issues related to flood insurance. -Issues related to non-driving underwriting factors. -Community Disaster Resilience Zone Act. -Issues related to the Right to Equitable and Professional Auto Industry Repair Act, REPAIR Act, H.R. 1566. -Bills and issues relating to infrastructure, including: -HR 5089, the Weather Act Reauthorization of 2025 -HR 2907, Save BRIC Act -HR 4669, FEMA Act of 2025 -HR 2956, DISASTER Act of 2025 -HR 8407, Advancing Consistent and Credible Use of Risk Assessment Tools and Evaluation (ACCURATE) Act -HR 8845, Fiscal Year 2027 Commerce, Justice, Science, and Related Agencies (CJS) appropriations bill Financial Institutions/Investments/Securities: -Financial services reform legislation regarding provisions affecting the regulation of insurance products and companies. -Issues related to Financial Stability Board oversight. -Issues related to House Financial Services. -GSE reform/Federal Housing Finance Agency (FHFA) pilot programs. -Corporate governance (Environmental, Sustainability, and Government/investing). -US International Development Finance Corporation (DFC). -Fintech/Insure Tech issues. -Risk-retention groups. -Issues related to credit rating agency notching issues. -Wildfire Insurance Coverage Study Act of 2025, H.R. 550. -Insure Cybersecurity Act of 2025, S. 256. -Issues regarding reformation of the Federal Insurance Office. -HR 9557, Ounce of Prevention Act. -HR 7128, TRIA Program Reauthorization Act of 2026. Health Issues: -Issues relating to Medicare Secondary Payer. Trade (domestic/foreign): -International trade negotiations. -Data localization issues. -General trade issues relating to Malaysia, China, India, Japan, United Kingdom, and the European Union (EU). Banking: -Monitoring of Federal Reserve reform and other banking reform legislation. -Issues related to Senate Banking. Transportation: -General interest in infrastructure legislation. -Issues related to transportation and infrastructure. -Issues related to disaster mitigation and resiliency. -Fix our Forests Act of 2025, H.R. 471. -Promoting Resilient Buildings Act of 2025, S.388/H.R. 501. -Water Infrastructure Subcontractor and Taxpayer Protection Act of 2025, S.570/H.R. 1285. -Community Protection and Wildfire Resilience Act of 2025, H.R. 582. -Wildfire Prevention Act of 2025, S.140. -Wildfire Response Improvement Act of 2025, H.R. 1393. -Modernizing Wildfire Safety and Prevention Act of 2025, H.R. 1923. -Developing legislation to improve the accuracy of weather models. -Issues related to vicarious liability. -HR 8870, BUILD America 250 Act. Energy/Nuclear: -Issues regarding energy costs. -Issues relating to permitting reform. -HR 4776, SPEED Act. Government Issues: -Full-Year Continuing Appropriations and Extensions Act of 2025, H.R. 1968.