Sec. 3. Reporting
142 words·~1 min read·
/bill/118/hr/3525/ih/section-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary shall require the State insurance regulator for each participating State to submit a report annually to the Secretary regarding each covered event resulting in payment under section 2(b)(1), during the period that any payment amounts for such event have not been fully repaid in accordance with section 2(b)(4), regarding insured losses in the State resulting from such covered event, additional such insured losses expected to be incurred, including the timing of such losses, and any progress in repayment to the Secretary for the Federal payments made.
The Secretary shall require the State insurance regulator for each participating State receiving a payment under section 2(b)(1) in connection with a covered event to submit to the Secretary, upon full repayment of all such payments made in connection with such covered event, a final report containing such information as the Secretary shall require.