jurisdiction: US

text:
 I
 112th CONGRESS
 2d Session
 H. R. 6477
 IN THE HOUSE OF REPRESENTATIVES
 September 20, 2012
 Mr. Sires introduced
 the following bill; which was referred to the
 Committee on Financial
 Services, and in addition to the Committee on
 Transportation and
 Infrastructure, for a period to be subsequently determined by
 the Speaker, in each case for consideration of such provisions as fall within
 the jurisdiction of the committee concerned
 A BILL
 To strengthen America’s financial infrastructure, by
 requiring pre-funding for catastrophe losses using private insurance premium
 dollars to protect taxpayers from massive bailouts, and to provide dedicated
 funding from insurance premiums to improve catastrophe preparedness, loss
 prevention and mitigation, and to improve the availability and affordability of
 homeowners insurance coverage for catastrophic events, and for other
 purposes.
 1.Short title and table of
 contents
 (a)Short
 titleThis Act may be cited
 as the Taxpayer Protection Act of
 2012.
 (b)Table of
 contentsThe table of
 contents for this Act is as follows:
 Sec. 1. Short title and table of contents.
 Sec. 2. Findings and purpose.
 Sec. 3. Definitions.
 TITLE I—TAXPAYER PROTECTION, PRE-FUNDED CATASTROPHE RECOVERY, AND
 MARKET STABILIZATION
 Sec. 101. National Commission on Natural Catastrophe
 Preparation and Protection.
 Sec. 102. Pre-funded and privately financed catastrophe
 recovery program.
 Sec. 103. Post-catastrophe market stabilization program for
 liquidity loans.
 Sec. 104. Termination.
 TITLE II—DISASTER READINESS, CITIZEN AND COMMUNITY PREPAREDNESS,
 AND MITIGATION
 Sec. 201. National Readiness, Preparedness, and Mitigation
 Committee.
 2.Findings and
 purpose
 (a)FindingsThe Congress finds the following:
 (1)The economy of the United States, the
 American taxpayers, and all homeowners need to be better prepared for, and more
 protected from, major natural catastrophes.
 (2)Taking into
 consideration the current economic and fiscal challenges facing the United
 States, it is more important than ever to fortify our Nation’s financial
 infrastructure to be fully prepared for major natural catastrophes and to
 mitigate the risk of catastrophe as much as possible.
 (3)In the past, when
 a natural catastrophe eclipsed the ability of the private industry or a State
 to manage the loss, or individuals were uninsured or underinsured, the Federal
 Government has stepped in to provide the funding and services needed for
 recovery.
 (4)The costs of such
 Federal bailouts have been borne by all taxpayers, thereby
 creating a disincentive to fully prepare for catastrophe and unfairly burdening
 citizens who live in lower risk communities.
 (5)Historically, the
 budget for Federal Government has assumed there will be no natural disasters,
 and this lack of pre-funding for catastrophe contributed substantially to
 annual budget deficits and growing national debt.
 (6)The Budget Control
 Act of 2011 ends an era of unbudgeted recovery assistance and authorizes a
 fixed level of annual funding for disaster relief.
 (7)The amount of
 future disaster relief funding is capped at the average amount spent on natural
 disasters during the previous 10 years with the high and low years
 removed.
 (8)By removing the
 high and low years, the law now caps disaster spending at a level that is less
 than 60 percent of the amount spent on disaster relief during the previous 10
 years.
 (9)Natural
 catastrophes will continue to occur, and the exposure to catastrophe risk is
 growing. Scientists warn that future catastrophes will inevitably cause losses
 far in excess of prior events, and these losses could exceed the limited
 capacity in the private market to cover claims and remain viable to insure
 properties after massive catastrophic events.
 (10)In 2011, the
 earthquake centered in Virginia that shook the East Coast and Hurricane Irene
 provided powerful reminders that natural catastrophes can strike unexpectedly
 and severely damage areas not thought to be at high risk.
 (11)Losses caused by
 natural catastrophes in 2011 reached record levels and affected areas
 throughout the country.
 (12)To successfully
 transition to a more limited Federal role in post-event disaster funding,
 communities must be better prepared for future catastrophe, the risk of damage
 from natural catastrophes must be mitigated and individuals must have greater
 access to private market protection against catastrophe risk.
 (13)Currently,
 neither the government, nor communities, nor the private sector are
 accumulating sufficient resources or procuring sufficient coverage to recover
 from inevitable future natural catastrophes.
 (14)The private
 insurance market does not have sufficient capacity to efficiently address the
 timing risk presented by major natural catastrophes, and there is no guarantee
 that the level of capacity that does exist will continue to be available from
 one year to the next or that consumers have the resources to adjust to
 significant price swings in the cost of the capital for available
 capacity.
 (15)Disruptions in
 insurance availability and affordability will continue to harm economic
 activity in States exposed to major catastrophes and place significant burdens
 on residents of these States.
 (16)Consumers in many
 areas around the country cannot find homeowners insurance in the private
 market, and affordability and availability challenges will grow dramatically
 when the next major catastrophe strikes.
 (17)Hurricane Katrina
 and other recent catastrophes confirm that the economic harm from natural
 catastrophes has a disproportionate impact upon the poor and middle
 class.
 (18)A new
 public-private partnership approach to deal more effectively with major natural
 catastrophes would more efficiently leverage the public sector and establish a
 limited, less expensive, more focused role for government while also maximizing
 the capabilities of the private sector.
 (19)A privately
 funded backstop can provide more protection at lower cost for consumers while
 also strengthening America’s financial infrastructure to deal with natural
 catastrophes by increasing capacity and providing more market stability after a
 catastrophe.
 (20)Cost savings can
 lower premiums for consumers and be used to encourage better prevention and
 mitigation in lieu of post-event bailouts.
 (21)A financial
 backstop can be structured to be fully funded to protect taxpayers from
 bailouts and insurance policyholders from subsidies upon which the current
 system relies.
 (22)A public-private
 partnership model, with an appropriately structured backstop, can protect
 against the timing risk presented by major natural catastrophes, spread risk
 more broadly, and enable private direct insurers to underwrite and price
 insurance for large-scale catastrophes more efficiently and with less risk of
 insolvency or financial distress while making insurance more available and
 affordable for consumers.
 (23)Private market
 reinsurers could continue to provide coverage for direct insurers and could
 participate in providing capacity to the financial backstop.
 (24)For the majority
 of Americans their home is their single biggest asset and protecting that
 investment is important to the economic health of millions of Americans, to
 social stability; and to the health of the banking system and broader
 economy.
 (25)The financial
 crisis of 2008 confirms the value of taking action in advance to strengthen
 America’s financial infrastructure through a privately funded backstop rather
 than waiting for a future crisis or collapse to take emergency action in the
 form of bailouts.
 (26)It is in the best
 interests of the Nation to take responsible action now to begin to build a
 financial backstop that will help protect a recovering American economy and
 mitigate the economic or financial shock that could result from a major
 catastrophic event.
 (b)PurposesThe purposes of this Act are—
 (1)to establish a fully funded program for
 catastrophe losses to strengthen the financial infrastructure of the United
 States;
 (2)to protect
 taxpayers from bailouts and subsidies related to the financing of
 post-catastrophe disaster relief;
 (3)to develop a
 public-private partnership that maximizes the private market capacity to
 directly provide insurance to consumers with a comprehensive and integrated
 plan to help homeowners better prepare for and recover from the damages caused
 by natural catastrophes;
 (4)to encourage
 individuals and communities to adopt mitigation and prevention measures that
 reduce losses from such catastrophes; and
 (5)to expedite the
 payment of claims and better assist in the financial recovery from such
 catastrophes.
 3.DefinitionsFor purposes of this Act, the following
 definitions shall apply:
 (1)Actuarially
 soundThe term actuarially sound means, with respect
 to premiums, that premiums are determined according to principles of actuarial
 science to be adequate, but not excessive, in the aggregate to pay current and
 future obligations, including the expected annualized cost of all claims, loss
 adjustment expenses, and all administrative costs.
 (2)Covered
 eventThe term covered
 event means the occurrence of one or more of the perils specified in
 section 102(c) that causes a loss or series of losses.
 (3)Covered
 StateThe term covered States means, with respect to
 a State plan, a State covered by the plan.
 (4)Eligible State
 planThe term eligible State plan means a State plan
 or multi-State plan that meets the requirements of section 102(d).
 (5)Emergency
 response providersThe term emergency response
 providers has the meaning given such term in section 2 of the Homeland
 Security Act of 2002 (6 U.S.C. 101).
 (6)FundThe
 term Fund means the Catastrophe Preparedness Fund established
 under section 102(g).
 (7)Insured
 lossThe term insured loss means any loss and
 associated loss adjustment expense insured or reinsured by an eligible State
 plan.
 (8)Liquidity
 loanThe term liquidity loan means a loan to an
 eligible State plan made under section 103.
 (9)Multi-State
 planThe term multi-State plan means a State plan
 described in paragraph (12)(A)(ii) of this section.
 (10)SecretaryThe term Secretary means the
 Secretary of the Treasury except as specifically provided otherwise.
 (11)StateThe
 term State includes the several States of the United States, the
 District of Columbia, the Commonwealth of Puerto Rico, Guam, the Commonwealth
 of the Northern Mariana Islands, the United States Virgin Islands, and American
 Samoa, and any other territory or possession of the United States.
 (12)State
 planThe term State plan means a plan that—
 (A)is created or
 administered by—
 (i)a
 single State; or
 (ii)two or more States; and
 (B)provides insurance or reinsurance
 protection to address natural catastrophe preparedness and protection, and in
 the case of a plan described in subparagraph (A)(ii), provides such protection
 as part of a program covering multiple States.
 ITAXPAYER
 PROTECTION, PRE-FUNDED CATASTROPHE RECOVERY, AND MARKET STABILIZATION
 101.National
 Commission on Natural Catastrophe Preparation and Protection
 (a)EstablishmentTo effectuate a stronger public-private
 partnership at the local, State, and national levels regarding natural
 catastrophe preparation and protection, the Secretary of the Treasury, in
 consultation with the Secretary of Homeland Security, shall establish a
 commission to be known as the National Commission on Natural Catastrophe
 Preparation and Protection (in this title referred to as the
 Commission).
 (b)DutiesThe Commission shall meet for the purpose
 of advising the Secretary regarding the estimated loss costs associated with
 the contracts for reinsurance protection made available under this title and
 carrying out the functions specified in this Act, including—
 (1)the development
 and implementation of public education concerning the risks posed by natural
 catastrophes;
 (2)the establishment
 of a research priority for the development and implementation of prevention,
 mitigation, recovery, and rebuilding standards, and prudent land-use policies,
 that better prepare and protect the United States from natural
 catastrophes;
 (3)the establishment
 of a process for members of the Commission to deploy following every major
 catastrophe to inspect and evaluate the handling of such catastrophes;
 (4)conducting
 continuous analysis of the effectiveness of this Act and recommending
 improvements to the Congress so that the costs of providing natural catastrophe
 protection are decreased and so that the United States is better prepared;
 and
 (5)ensuring that the programs under this title
 are operated in a financially prudent manner and on an actuarially sound basis
 consistent with the provisions of this title and is not dependent on subsidy
 from taxpayers or consumers in areas that do not reside in areas that have a
 high-risk to natural catastrophe loss, including by monitoring the expenditure
 of funds for administrative purposes to promote efficiency and economy in the
 operation and administration of the program and to minimize the cost for
 participating States.
 (c)MembersThe
 Commission shall consist of 11 members, as follows:
 (1)Homeland
 security memberThe Secretary of Homeland Security or the
 Secretary’s designee.
 (2)Appointed
 membersEleven members appointed by the Secretary of the
 Treasury, who shall consist of—
 (A)one individual who
 is an actuary;
 (B)one individual who
 is employed in engineering;
 (C)one individual
 representing the scientific community;
 (D)one individual
 representing property and casualty insurers;
 (E)one individual
 representing reinsurers;
 (F)one individual
 representing the Federal Insurance Office of the Department of the
 Treasury;
 (G)one individual who
 is a member or former member of the National Association of Insurance
 Commissioners;
 (H)two individuals
 who are consumers, including one consumer who is a homeowner who resides in an
 area with relatively high exposure to natural catastrophe risk and one consumer
 who resides in an area with relatively low exposure to natural catastrophe
 risk;
 (I)one individual who
 is an emergency response expert; and
 (J)one individual
 with expertise regarding capital markets.
 (d)Treatment of
 non-Federal membersEach member of the Commission who is not
 otherwise employed by the Federal Government shall be considered a special
 Government employee for purposes of sections 202 and 208 of title 18, United
 States Code.
 (e)Experts and
 consultantsThe Commission may procure temporary and intermittent
 services from individuals or groups recognized as experts in the fields of
 actuarial science, meteorology, seismology, vulcanology, geology, structural
 engineering, wind engineering, seismic engineering and hydrology, emergency
 response, and other fields, under section 3109(b) of title 5, United States
 Code, but at rates not in excess of the daily equivalent of the annual rate of
 basic pay payable for level V of the Executive Schedule, for each day during
 which the individual procured is performing such services for the Commission.
 The Commission may also procure, and the Congress encourages the Commission to
 procure, experts from universities, research centers, foundations, and other
 appropriate organizations that could study, research, and develop methods and
 mechanisms that could be utilized to strengthen structures to better withstand
 the perils covered by this Act.
 (f)CompensationEach
 member of the Commission who is not an officer or employee of the Federal
 Government shall be compensated at a rate of basic pay payable for level V of
 the Executive Schedule, for each day (including travel time) during which such
 member is engaged in the performance of the duties of the Commission. All
 members of the Commission who are officers or employees of the United States
 shall serve without compensation in addition to that received for their
 services as officers or employees of the United States.
 (g)Obtaining
 data
 (1)AuthorityThe Commission and the Secretary may
 solicit loss and exposure data and such other information that they deem
 necessary to carry out their responsibilities under this Act from eligible
 State plans, other governmental agencies, and bodies and organizations that act
 as statistical agents for the insurance industry. The Commission and the
 Secretary shall take such actions as are necessary to ensure that confidential
 or proprietary information is disclosed only to authorized individuals working
 for the Commission or the Secretary.
 (2)Confidentiality
 (A)In
 generalInformation obtained by the Commission and the Secretary
 pursuant to this Act with reference to which a request for confidential
 treatment is made by the person furnishing such information—
 (i)shall be exempt from disclosure under
 section 552 of title 5, United States Code; and
 (ii)shall not be published or disclosed.
 (B)ExceptionSubparagraph (A) shall not apply with
 respect to the publication or disclosure of any data aggregated in a manner
 that ensures protection of the identity of the person furnishing such
 data.
 (h)Authorization of
 appropriationsThere is authorized to be appropriated—
 (1)$10,000,000 for fiscal year 2013 for the
 initial expenses in establishing the Commission and the initial activities of
 the Commission during such fiscal year that cannot timely be covered by amounts
 that are deposited in the Fund pursuant to section 102(e)(5)(D); and
 (2)for fiscal year 2014 and each fiscal year
 thereafter, such sums as may be necessary to carry out the activities of the
 Commission during each such fiscal year that cannot timely be covered by
 amounts that are deposited in the Fund pursuant to section 102(e)(5)(D).
 (i)TerminationThe
 Commission shall terminate upon the date specified in section 104(c).
 102.Pre-funded and
 privately financed catastrophe recovery program
 (a)Program
 authority
 (1)In
 generalThe Secretary of the
 Treasury, in consultation with the Secretary of Homeland Security, shall carry
 out a program under this section that utilizes premiums from eligible State
 plans to provide additional capacity and stability in the homeowners insurance
 market and improve the availability and affordability of homeowners protection
 coverage to pre-fund future natural catastrophe recovery by making available
 for purchase, only by eligible State plans, contracts for reinsurance coverage
 under this section.
 (2)PurposeThe program shall make available privately
 funded reinsurance coverage under this section—
 (A)to protect taxpayers from financing the
 cost of bailouts after natural catastrophes;
 (B)to diversify and
 spread risk more efficiently and leverage the economies of pooling reinsurance
 arrangements from different geographical areas of the country covering the
 perils specified in subsection (c);
 (C)to generate
 additional capacity and provide stability to the homeowners insurance market by
 encouraging States to develop or expand plans that address current market
 challenges and assist homeowners in securing needed protection;
 (D)to improve the
 availability and affordability of homeowners insurance for the purpose of
 privately financing post-catastrophe recovery by facilitating the pooling and
 spreading the risk of catastrophic financial losses from natural
 catastrophes;
 (E)to improve the
 solvency, capacity, and stability of homeowners insurance markets;
 (F)to encourage the
 development and implementation of mitigation, prevention, recovery, and
 rebuilding standards to reduce future catastrophe losses; and
 (G)to analyze and
 recommend methods to continuously improve the way the United States prepares
 for, reacts to, and responds to catastrophes, including improvements to the
 Catastrophe Preparedness Fund established under section 102(g).
 (3)Contract
 principlesUnder the program
 under this section, the Secretary shall offer reinsurance coverage through
 contracts with eligible State plans, which contracts shall—
 (A)be priced on an actuarially sound basis as
 specified in this section; and
 (B)provide coverage
 based solely on insured losses within the State or States participating in the
 eligible State plan purchasing the contract.
 (b)Qualified lines
 of coverageEach contract for reinsurance coverage made available
 under this section shall provide coverage for insured property losses covered
 under primary insurance contracts to homeowners, mobile home owners, renters,
 and condominium owners for covered perils. Nothing in this Act shall be
 interpreted to expand the terms, conditions, or scope of coverage or perils
 covered under insurance policies issued by insurers or eligible State
 plans.
 (c)Covered
 perils
 (1)In
 generalEach contract for reinsurance coverage made available
 under this section shall cover losses insured or reinsured by the eligible
 State plan purchasing the contract that are proximately caused by—
 (A)earthquakes;
 (B)perils ensuing
 from earthquakes, including fire and tsunami-related flood;
 (C)catastrophic
 wildfires unrelated to earthquakes;
 (D)tropical cyclones
 having maximum sustained winds of at least 74 miles per hour, including
 hurricanes and typhoons;
 (E)tornadoes;
 (F)volcanic
 eruptions;
 (G)catastrophic
 winter storms; and
 (H)any other natural
 catastrophe insured or reinsured under the eligible State plan purchasing the
 contract.
 (2)DefinitionsThe
 Secretary shall, by regulation, define the natural catastrophe perils
 identified under this subsection.
 (d)Eligible State
 plansA State plan shall be an eligible State plan for purposes
 of this section only if the State plan meets all of the following
 requirements:
 (1)Program
 designThe entity for the
 covered State or States that is authorized to make such determinations
 certifies to the Secretary that the State plan is a program, established by the
 covered State or States, that provides—
 (A)insurance coverage
 for insured property losses covered under primary insurance contracts for
 residential property located in any covered State; or
 (B)reinsurance
 coverage that is designed to improve availability or affordability, or both, in
 the private insurance markets that offers coverage for insured property losses
 covered under primary insurance contracts for residential property located in
 any covered State.
 (2)OperationThe entity for the covered State or States
 that is authorized to make such determinations certifies to the Secretary that
 the State plan complies with the following requirements:
 (A)Establishment;
 governing bodyThe State plan shall be established by the covered
 State or States and a majority of the members of the governing body of the
 State plan shall be public officials or appointed by public officials.
 (B)RepaymentIf
 any covered State has at any time appropriated amounts from the fund of the
 State plan for any purpose other than payments made in connection with the
 activities authorized under the State plan, the State shall have repaid such
 amounts to the State fund, together with interest on such amounts.
 (C)Nondiscrimination
 in coverageInsurance or reinsurance coverage, as applicable,
 provided under the eligible State plan shall be made available on a
 nondiscriminatory basis to all qualifying residents of any covered
 State.
 (D)Prohibition of
 cross-subsidizationThe State plan may not, except for charges or
 assessments related to post-event financing or bonding, involve
 cross-subsidization between any separate property and casualty lines covered
 under the plan.
 (E)Reinsurance
 premiumsIn the case of State plans providing reinsurance
 coverage, the plan or the law in effect in each covered State shall require
 that to the extent that reinsurance coverage made available under the program
 under this section results in cost savings in providing insurance coverage for
 risks in such State, such cost savings be reflected in premium rates charged to
 consumers for such coverage.
 (F)TerminationThe State plan shall include provisions
 that authorize the entity for the covered State or States that is authorized to
 make such a determination to terminate the State plan or, in the case of a
 multi-State plan, membership in such Plan, if such entity determines that the
 State plan is no longer necessary to ensure the availability or affordability
 of residential property insurance for all residents of any covered
 State.
 (G)Actuarial
 soundnessInsurance or reinsurance coverage, as applicable, made
 available by the State plan shall be provided at actuarially sound
 rates.
 (3)Treatment of
 earningsThe entity for the
 covered State or States that is authorized to make such determinations
 certifies to the Secretary that the State plan does not provide for
 redistribution of any part of any net profits under the State plan to any
 insurer that participates in the State plan.
 (4)Support for
 mitigation and prevention
 (A)RequirementsExcept as provided in subparagraph (B), the
 Secretary determines that, for any year for which the coverage is in effect,
 the provision of reinsurance coverage under the program under this section to
 the State plan supports mitigation and prevention of risk associated with
 covered events and that the State plan meets all of the following
 requirements:
 (i)Building, fire,
 and safety codesEach covered
 State has in effect, or appropriate local governments within each covered State
 have in effect, and enforce building, fire, and safety codes and standards that
 offer risk responsive resistance to earthquakes or high winds.
 (ii)MitigationEach
 covered State has taken actions to mitigate losses caused by natural
 disasters.
 (iii)Prohibition of
 price gougingEach covered State has in effect laws or
 regulations sufficient to prohibit price gouging, during the term of
 reinsurance coverage provided under the program under this section for the
 State plan in any disaster area located within the covered State.
 (iv)Homeowners
 insurance ratesFor any covered State that has in effect laws
 that require insurers providing homeowners insurance to file their rates for
 review or regulatory approval, the covered State has certified that homeowners
 insurance rates associated with catastrophe coverage for covered perils are
 actuarially sound.
 (v)Land use and
 zoning plansEach covered State, to the extent feasible, shall
 encourage State and local government units to develop, implement, and enforce
 comprehensive land use and zoning plans that are designed to limit additional
 natural hazard exposure and promote natural hazard mitigation.
 (vi)Emergency
 preparedness actionsEach covered State, in consultation and
 cooperation with localities in the State, the Administrator of the Federal
 Emergency Management Agency, and other appropriate agencies and organizations,
 shall have taken actions to continuously improve emergency preparedness.
 (B)Transition
 periodTo provide sufficient time for adoption of the provisions
 of this subsection and to support implementation of prevention and mitigation
 measures set forth in subparagraph (A) of this paragraph, during the 5-year
 period that begins on the date of the enactment of this Act, a State plan shall
 not be precluded from qualifying as an eligible State plan because the
 Secretary is unable to make any of the determinations required under
 subparagraph (A).
 (e)Terms of
 reinsurance contractsEach contract for reinsurance coverage
 under this section shall be subject to the following terms and
 conditions:
 (1)MaturityThe
 contract shall have a minimum term of 1 year or such longer duration as the
 Secretary may determine.
 (2)Payment
 conditionThe contract shall authorize claims payments only for
 eligible losses to the eligible State plan purchasing the coverage.
 (3)Retained losses
 requirementFor each covered event, the contract shall not
 reimburse any losses until the total incurred covered losses exceeds the
 applicable attachment point established pursuant to subsection (f)(2).
 (4)Multiple
 eventsThe contract shall cover any eligible losses from one or
 more covered events that may occur during the term of the contract and shall
 provide that if multiple events occur, the retained losses requirement under
 paragraph (f) shall apply in the aggregate and not separately to each
 individual event.
 (5)PricingThe
 price of reinsurance coverage under the contract shall be an amount established
 by the Secretary as follows:
 (A)RecommendationsThe Secretary shall take into consideration
 the recommendations of the Commission in establishing the price, but the price
 may not be less than the amount recommended by the Commission.
 (B)Fairness to
 taxpayersThe price shall be
 established at an actuarially sound level that protects taxpayers from
 liability and takes into consideration models that estimate losses from covered
 events.
 (C)Self-sufficiencyThe rates for reinsurance coverage for an
 eligible State plan shall be established at an actuarially sound level that
 produces expected premiums sufficient to pay—
 (i)the
 expected annualized cost of all claims;
 (ii)loss adjustment
 expenses;
 (iii)the cost of
 funding emergency preparedness and mitigation efforts; and
 (iv)the
 costs of operating the Commission and all administrative costs of reinsurance
 coverage offered under this subsection.
 The
 expected annualized cost of all claims shall be comparable to amounts being
 included in the price for similar layers of coverage in the private sector,
 taking into account the savings associated with the funding mechanisms and the
 non-profit and tax-exempt status of the Fund.(D)OffsetThe Secretary shall ensure, to the maximum
 extent practicable, that in each fiscal year an amount equal to any amount
 appropriated pursuant to section 101(h) for such fiscal year is obtained from
 purchasers of reinsurance coverage under this section by incorporating the
 costs described in subparagraph (C)(iv) of this paragraph into the pricing of
 the contracts for such coverage.
 (6)Taxpayer
 protection, rapid cash build-up, and post-event pricing adjustments
 (A)First 5
 yearsNotwithstanding any
 other provision of this section, during the first five years of the program
 under this section, the Secretary shall increase the price that is charged for
 reinsurance coverage provided under the program under this section by at least
 five percent, or such higher amount as the Secretary deems, above the
 actuarially sound price calculated under paragraph (5), to facilitate and
 accelerate the accumulation of reserves and to support the creation of the
 readiness, preparedness, and mitigation grant program under section 201.
 (B)Post-eventNotwithstanding any other provision of this
 section, after any covered event triggering any payment under a contract for
 reinsurance coverage that requires the Fund to issue obligations under
 subsection (g)(4) to make such payment and to provide additional taxpayer
 protection and ensure that the program under this section is fully funded on an
 ongoing basis, the Secretary shall require the inclusion of an additional
 amount in the price that is charged for reinsurance coverage provided under the
 program equal to at least five percent of the actuarially sound price
 calculated under paragraph (5) to ensure that the program collects all revenue
 necessary—
 (i)to
 provide the reinsurance coverage authorized under this section;
 (ii)to
 administer the program under this section, and
 (iii)to
 account for any losses paid with funds acquired from obligations issued under
 subsection (g)(4) during a period having a duration not longer than five years,
 if feasible.
 Any such
 obligations issued under subsection (g)(4) shall be repaid in full from the
 surcharges assessed under this paragraph.(7)Economic
 fairnessThe Secretary may
 establish criteria and include provisions in the contract that limit the
 pricing benefits under the program under this section for properties that
 exceed a value determined by the Secretary to represent affluent property
 owners who do not need the benefit of the program.
 (8)InformationThe contract shall contain a condition
 providing that the Commission may require the eligible State plan that is
 covered under the contract to submit to the Commission all information
 regarding the eligible State plan relevant to the duties of the Commission, as
 determined by the Secretary.
 (9)Additional
 contract optionThe contract
 shall provide that the purchaser of the contract may, during the term of such
 original contract, purchase additional contracts from among those offered by
 the Secretary at the beginning of the term, subject to the limitations under
 subsection (f), at the prices at which such contracts were offered at the
 beginning of the term, prorated based upon the remaining term as determined by
 the Secretary. Such additional contracts shall provide coverage beginning on a
 date 15 days after the date of purchase, but shall not provide coverage for
 losses for an event that has already occurred. Eligible State plans may arrange
 for prospective contracts for planning purposes and to enhance stability and
 predictability in managing risk and accounting for costs associated with risk
 transfer.
 (10)Other
 termsThe contract shall
 contain such other terms as the Secretary considers necessary to carry out this
 Act and to ensure the long-term financial integrity of the program under this
 section. The contract shall also specify how payouts shall be administered if
 multiple events occur that affect more than one eligible State plan.
 (11)Private sector
 right to participate
 (A)Establishment of
 competitive procedureThe
 Secretary shall establish, by regulation, a competitive procedure under this
 paragraph that provides qualified entities an opportunity, on a basis
 consistent with the contract cycle established under this section by the
 Secretary, to offer to provide, in lieu of reinsurance coverage under this
 section, reinsurance coverage that is substantially similar to coverage
 otherwise made available under this section.
 (B)Competitive
 procedureUnder the procedure
 established under this paragraph—
 (i)the Secretary shall establish criteria for
 private insurers, reinsurers, and capital market companies, and consortia of
 such entities to be treated as qualified entities for purposes of this
 paragraph, which criteria shall require such an entity to have at all times
 capital sufficient to satisfy the terms of the reinsurance contracts and shall
 include such other industry and credit rating standards as the Secretary
 considers appropriate;
 (ii)not
 less than 30 days before the beginning of each contract cycle during which any
 reinsurance coverage under this section is to be made available, the Secretary
 may request proposals and shall publish in the Federal Register the rates and
 terms for contracts for coverage under this section that are to be made
 available during such contract cycle;
 (iii)the Secretary
 shall provide qualified entities a period of not less than 10 days (which shall
 terminate not less than 20 days before the beginning of the contract cycle) to
 submit to the Secretary a written expression of interest in providing
 reinsurance coverage in lieu of the coverage otherwise to be made available
 under this section;
 (iv)the
 Secretary shall provide any qualified entity submitting an expression of
 interest during the period referred to in clause (iii) a period of not less
 than 20 days (which shall terminate before the beginning of the contract cycle)
 to submit to the Secretary an offer to provide, in lieu of the reinsurance
 coverage otherwise to be made available under this section, coverage that is
 substantially similar to such coverage;
 (v)if
 the Secretary determines that an offer submitted during the period referred to
 in clause (iii) is a bona fide offer to provide reinsurance coverage during the
 contract cycle at rates and terms that are substantially similar to the rates
 and terms for reinsurance coverage otherwise to be provided under this section
 by the Secretary, the Secretary shall accept the offer (if still outstanding)
 and, notwithstanding any other provision of this Act, provide for such entity
 to make reinsurance coverage available in accordance with the offer; and
 (vi)if
 the Secretary accepts an offer pursuant to clause (v) to make reinsurance
 coverage available, notwithstanding any other provision of this Act, the
 Secretary shall reduce, to an equivalent extent, the amount of reinsurance
 coverage available under this section during the contract cycle to which the
 offer relates, unless and until the Secretary determines that the entity is not
 complying with the terms of the accepted offer.
 (12)Participation
 by multi-State plansThe Congress hereby explicitly encourages
 States to create and maintain catastrophe funds for their States or with other
 States, and nothing in this Act may be interpreted to prohibit or discourage
 the creation of multi-State plans, or the participation by such plans in the
 program established pursuant to subsection (a). The Secretary shall, by
 regulation, provide for the application of the provisions of this Act to
 multi-State catastrophe insurance and reinsurance plans. The Commission shall
 develop a process to evaluate and encourage the creation of regional programs
 and approaches to advance the purposes of this Act through the establishment of
 multi-State plans.
 (f)Treatment of
 insured losses and maximum Federal liability
 (1)Available levels
 of retained lossesIn making reinsurance coverage available under
 this section, the Secretary shall make available for purchase contracts for
 such coverage that require the sustainment of retained losses from covered
 events (as required under subsection (e)(3) for payment of eligible losses) in
 various amounts, as the Secretary, in consultation with the Commission,
 determines appropriate and subject to the requirements under paragraph
 (2).
 (2)Standard
 attachment point
 (A)EstablishmentThe
 Secretary, in consultation with the Commission, shall establish a standard
 attachment point at which coverage is provided to eligible State plans for all
 contracts.
 (B)ConsiderationsIn
 setting a standard attachment point, the Secretary and the Commission shall
 take into consideration—
 (i)how many and which eligible State plans are
 seeking contracts for reinsurance coverage under this section;
 (ii)the
 capital and surplus positions of the eligible State plans;
 (iii)the coverage
 preferences of eligible State plans;
 (iv)the
 availability and price of reinsurance in the private market;
 (v)that
 pooling reinsurance from different geographic locations and covering different
 perils is more efficient than stand-alone programs;
 (vi)affordability of
 homeowners insurance; and
 (vii)other factors
 deemed appropriate to operating a long-term national reinsurance backstop
 program.
 (C)UseThe standard attachment point established
 pursuant to this paragraph shall be used in establishing reinsurance contracts
 for each eligible State plan, unless the Secretary, in consultation with the
 Commission, determines that market conditions or the financial position of an
 eligible State plan warrants a lower attachment point in a contract for such
 eligible State plan in a given year.
 (D)Lower attachment
 pointsIf a reinsurance contract is contemplated for an eligible
 State plan having an attachment point lower than the standard attachment point,
 the cost of such contract shall include or otherwise take into account the
 additional costs associated with such additional layer of protection.
 (3)Ceiling coverage
 levelNotwithstanding any
 other provision of law and subject to any limitations in future appropriations
 Acts, the aggregate potential liability for payment of claims under all
 contracts for reinsurance coverage sold under this title to any single eligible
 State plan during a 12-month period shall not exceed the difference
 between—
 (A)the amount equal
 to the covered loss projected to be incurred once every 600 years from a single
 event by the eligible State plan; and
 (B)the amount equal
 to the cash available in the eligible State plan to pay covered losses.
 (g)Catastrophe
 Preparedness Fund for pre-Funding preparedness and recovery
 (1)EstablishmentThere
 is established within the Treasury of the United States a fund to be known as
 the Catastrophe Preparedness Fund.
 (2)CreditsThe
 Fund shall be credited with—
 (A)amounts received
 from the sale of contracts for reinsurance coverage under this section;
 (B)any amounts
 borrowed under paragraph (4);
 (C)any amounts earned
 on investments of the Fund pursuant to paragraph (5); and
 (D)such other amounts
 as may be credited to the Fund.
 (3)UsesAmounts
 in the Fund shall be available to the Secretary only for the following
 purposes:
 (A)Contract
 paymentsFor payments to covered purchasers under contracts for
 reinsurance coverage under this section for eligible losses under such
 contracts.
 (B)Commission
 costsFor the operating costs of the Commission.
 (C)Administrative
 expensesFor the administrative expenses incurred by the
 Secretary in carrying out the reinsurance program under this Act.
 (D)Cost of National
 Readiness, Preparedness, and Mitigation CommitteeFor the
 operating costs of the National Readiness, Preparedness, and Mitigation
 Committee established under section 201 and for disbursements under section
 201(f)(2) for disaster readiness, preparedness, prevention, and
 mitigation.
 (E)TerminationUpon
 termination under section 104, as provided in such section.
 (4)Liquidity
 (A)AuthorityTo
 the extent that the amounts in the Fund are insufficient to pay claims and
 expenses under paragraph (3), the Secretary may issue such obligations of the
 Fund as may be necessary to cover the insufficiency and shall purchase any such
 obligations issued.
 (B)Public debt
 transactionFor the purpose of purchasing any such obligations,
 the Secretary may use as a public debt transaction the proceeds from the sale
 of any securities issued under chapter 31 of title 31, United States Code, and
 the purposes for which securities are issued under such chapter are hereby
 extended to include any purchase by the Secretary of such obligations under
 this paragraph.
 (C)Characteristics
 of obligationsObligations issued under this paragraph shall be
 in such forms and denominations, bear such maturities, bear interest at such
 rate and be subject to such other terms and conditions as the Secretary shall
 determine.
 (D)TreatmentAll
 redemptions, purchases, and sales by the Secretary of obligations under this
 paragraph shall be treated as public debt transactions of the United
 States.
 (E)RepaymentAny
 obligations issued under this paragraph shall be repaid, including interest,
 from the Fund and shall be recouped from surcharges under subsection (e)(6)(B)
 on premiums for reinsurance coverage provided under this section.
 (5)InvestmentThe
 Secretary shall invest accumulated amounts in the Fund as the Secretary
 considers advisable in obligations issued or guaranteed by the United
 States.
 (6)Prohibition on
 Federal appropriationsExcept for amounts made available pursuant
 to paragraph (4)(A) of this subsection and section 101(h), no Federal funds
 shall be authorized or appropriated for the Fund or for carrying out the
 reinsurance liquidity protection program under this section.
 103.Post-catastrophe
 market stabilization program for liquidity loans
 (a)PurposesThe
 purposes of this section are to establish a program—
 (1)to expedite the
 payment of claims under State catastrophe insurance programs and better assist
 the financial recovery from significant natural catastrophes by authorizing the
 Secretary to issue loans for such purposes; and
 (2)to promote the
 availability of private capital to provide liquidity and capacity to State
 catastrophe insurance programs and to augment the efforts of such
 programs.
 (b)Liquidity
 loansThe Secretary may make
 liquidity loans under this section to State plans for the purposes of this
 section, and shall have the powers and authorities necessary to make such
 loans, subject to the requirements of this section.
 (c)Conditions for
 loan eligibilityA loan under this section may be made to a State
 plan only if—
 (1)the plan has a capital liquidity shortage,
 in accordance with regulations that the Secretary shall establish, such that
 the obligations of the plan resulting from a covered event exceed the amount of
 cash available to the plan to pay covered losses;
 (2)the plan cannot
 access capital in the private market at a cost lower and for similar duration
 than that provided under a loan under this section, as determined by the
 Secretary; and
 (3)(A)the plan is an eligible
 State plan; or
 (B)the loan complies with the
 requirements under subsection (e).
 The
 Secretary may not require an eligible State plan to purchase reinsurance
 coverage made available under the program under section 102 to be eligible for
 a liquidity loan under this section.(d)States with
 Eligible State plans
 (1)ContractsThe
 Secretary may enter into contracts with eligible State plans to carry out the
 purposes of this section by providing for liquidity loans for such plans, as
 the Secretary may deem appropriate.
 (2)Eligible State
 plan pre-certificationThe Secretary shall establish procedures
 and standards for State plans to apply to the Secretary at any time for
 pre-certification (and recertification) as eligible State plans, which
 procedures and standards shall provide as follows:
 (A)The Secretary
 shall administer the pre-certification (and recertification) of State plans as
 eligible State plans.
 (B)State plans that
 are pre-certified as eligible State plans may enter into contracts described in
 paragraph (1).
 (3)Interest
 rateSubject to subsection
 (h), a liquidity loan made under this section to an eligible State plan shall
 bear interest at an annual rate to be established by the Secretary, in
 consultation with the Commission, which shall be equal to the rate of interest
 on State and local government series securities have the same duration as the
 liquidity loan outstanding as of the date the loan is made.
 (4)Mandatory
 assistance for eligible State plansThe Secretary shall, upon the
 request of an eligible State plan and subject to paragraphs (1) and (2) of
 subsection (c), make a loan for such plan in the amount requested by such plan
 (subject to the limitations under subsection (f)).
 (e)States without
 eligible State plans
 (1)AuthoritySubject
 to subsection (c), the Secretary may make a liquidity loan under this section
 to a State plan that is not an eligible State plan, but only if the Secretary
 determines that—
 (A)the loan is
 necessary to avoid a capital shortfall; and
 (B)the provisions
 providing for repayment of the loan are comparable in providing protection to
 taxpayers as provisions providing for repayment of liquidity loans under this
 section by eligible State plans.
 (2)Interest
 rateSubject to subsection
 (h), a liquidity loan made under this section to a State plan that is not an
 eligible State plan shall bear interest at an annual rate that exceeds the rate
 required under subsection (d)(3) for a loan made to an eligible State plan.
 Such rate shall be determined in accordance with a schedule of interest rates,
 which shall be established by the Secretary and shall provide lower rates for
 loans to State plans that comply with more of the requirements for eligible
 State plans under section 102(d) and higher rates for loans to State plans that
 comply with fewer of such requirements.
 (f)AmountThe
 principal amount of a liquidity loan under this subsection may not exceed the
 difference between the applicable attachment point as determined by the
 Secretary in section 102(f)(2) and the amount of funds the eligible State plan
 had to pay losses at the time of the covered event for which the loan is
 made.
 (g)UseAmounts from a liquidity loan under this
 section may be used only to pay losses covered by the State plan to which the
 loan is made.
 (h)Exception to
 interest rate limitationIn the case of liquidity loan under this
 section made pursuant to a large covered event that occurs early in the
 existence of a State plan, the Secretary may charge an interest rate for the
 loan that allows the State plan to repay the loan and interest without causing
 significant increases in the cost of insurance for covered perils in the
 covered State or States.
 (i)Premiums under
 State plan
 (1)Determination of
 actuarially sound premiumsIn
 making a request for a liquidity loan under this section, a State plan shall
 determine, and the Secretary, in consultation with the Commission, shall
 approve, a premium amount for the coverage layer under the State plan for which
 the liquidity loan is sought that is actuarially sound.
 (2)Chargeable
 premiumsUnless otherwise
 provided by the Secretary, a State plan shall charge, for the coverage layer
 under the State plan for which the liquidity loan is made an annual premium,
 for coverage during the period that begins upon the making of the liquidity
 loan and ends upon full repayment of the loan, in an amount that is not less
 than 150 percent of the actuarially sound premium determined pursuant to
 paragraph (1).
 (j)Repayment of
 loans
 (1)In
 generalAny liquidity loan
 made under this section to a State plan shall be repaid solely through premiums
 charged by such plan in accordance with subsection (i)(2), unless alternative
 arrangements have been made pursuant to paragraph (3). The Secretary, in
 consultation with the Commission, shall determine the expected duration of each
 loan and monitor repayment of such loans.
 (2)Amount of
 paymentTo repay a liquidity
 loan under this section, the State plan shall pay to the Fund, from all amounts
 collected for the coverage layer referred to in subsection (i)(2) during the
 period referred to in such subsection, an amount equal to a minimum of 100
 percent of the actuarially sound premium determined under subsection (j)(1) for
 such coverage layer, and shall retain the remainder of such amount collected to
 build reserves for future events, or such other amount or percentage of such
 amounts as the Secretary, in consultation with the Commission and State plans,
 determines is appropriate.
 (3)Other
 optionsA State plan may
 petition the Secretary for other repayment terms, including repayment from
 sources such as dedicated State sales taxes or other means, and the Secretary
 may, in consultation with the Commission, agree to such other terms.
 (k)RegulationsThe
 Secretary shall issue any regulations necessary to carry out the program under
 this section.
 104.Termination
 (a)In
 generalExcept as provided in subsection (b), the Secretary may
 not—
 (1)provide any new
 reinsurance coverage under section 102 that covers any period after the
 expiration of the 20-year period beginning on the date of the enactment of this
 Act; or
 (2)make any new liquidity loan under section
 103 having a term to maturity that concludes after the expiration of such
 20-year period.
 (b)ExtensionIf
 upon the expiration of the period under subsection (a) the Secretary, in
 consultation with the Commission, determines that continuation of the program
 for reinsurance coverage under section 102 or for liquidity loans under section
 103 is necessary or appropriate to carry out the purposes this Act because of
 insufficient growth of capacity in the private homeowners insurance market, the
 Secretary shall continue to make such coverage and loans available and
 subsection (a) shall be applied by substituting 25-year period
 for 20-year period each place such term appears.
 (c)RepealEffective
 upon the first date that reinsurance coverage under section 102 is no longer
 available or in force and that liquidity loans under section 103 are no longer
 available or outstanding, pursuant to subsection (a) or (b), this Act (except
 for this section) is repealed.
 (d)Deficit
 reductionThe Secretary shall pay into the General Fund of the
 Treasury any amounts remaining in the Fund upon the repeal of this Act under
 subsection (c).
 IIDISASTER
 READINESS, CITIZEN AND COMMUNITY PREPAREDNESS, AND MITIGATION
 201.National
 Readiness, Preparedness, and Mitigation Committee
 (a)EstablishmentThere is established a National Readiness,
 Preparedness and Mitigation Committee (in this section referred to as the
 Committee).
 (b)MembersThe
 Committee shall consist of 9 members appointed by the Secretary of Housing and
 Urban Development or the Secretary’s designee, as follows:
 (1)Three individuals
 from nationally recognized organizations representing State or local disaster
 response providers or disaster management professionals.
 (2)Three individuals
 representing nationally recognized non-profits active in disaster preparedness
 and response.
 (3)Three individuals
 representing nationally recognized organizations with expertise in contingency
 planning, residential construction, building code development and
 implementation, and land use policy.
 (c)Terms
 (1)In
 generalExcept as provided in
 paragraphs (2) and (3), each member of the Committee shall be appointed for a
 term of 3 years.
 (2)Initial
 membersOf the members initially appointed to the
 Committee—
 (A)one member
 appointed under each of paragraphs (1), (2), and (3) of subsection (b) shall be
 appointed for a term of 1 year;
 (B)one member appointed under each of
 paragraphs (1), (2), and (3) of subsection (b) shall be appointed for a term of
 2 years; and
 (C)one member appointed under each of
 paragraphs (1), (2), and (3) of subsection (b) shall be appointed for a term of
 3 years.
 (3)VacanciesA
 member appointed to fill an unexpired term shall serve the remainder of that
 term.
 (4)TerminationIn
 the event that the Committee terminates, all appointments shall
 terminate.
 (d)Prohibition of
 compensation; reimbursementMembers of the Committee shall
 receive no compensation by reason of their service on the Committee, but shall
 be reimbursed as provided by rules and by-laws established by the National
 Commission on Natural Catastrophe Preparation and Protection established under
 section 101.
 (e)DutiesThe
 members of the Committee shall administer the program under subsection (f) and
 conduct oversight of the program and activities under such program.
 (f)Readiness,
 preparedness, and mitigation grant program
 (1)Allocation of
 amountBeginning upon the
 expiration of the 12-month period that begins on the date of the enactment of
 this Act, the Secretary shall ensure that, to the extent provided in
 appropriation Acts, approximately 35 percent of the annual net investment
 income of the Fund under sec. 102(g), but not less than $15,000,000, and not
 more than 20 percent of the premium charged for reinsurance coverage under
 section 102 in any given year, shall be used for grants to States, units of
 local government, nonprofit organizations, and other appropriate public and
 private entities to develop, enhance, or maintain programs and initiatives to
 improve and maintain disaster response, citizen preparedness and protection,
 and prevention and mitigation of losses from natural catastrophes.
 (2)Program
 elementsThe amounts made available under paragraph (1) shall be
 allocated for each of the following purposes in equal amounts:
 (A)Disaster
 response readinessFor disaster response readiness programs,
 which shall include national initiatives that develop, enhance, or maintain the
 capacity of a public safety agency or other organization to be better prepared,
 equipped, and trained to respond to natural catastrophes.
 (B)Citizen and
 community preparednessFor citizen and community preparedness,
 which shall include programs and initiatives, such as those offered by the
 American Red Cross, to improve education and training to ensure that citizens
 and organizations in their community are better prepared for natural
 catastrophes.
 (C)Prevention and
 mitigationFor prevention and
 mitigation of loss from natural catastrophes, which shall include methods to
 reduce loss of life and property, including appropriate measures to—
 (i)encourage
 awareness of the risk factors and what steps can be taken to eliminate or
 reduce them;
 (ii)identify location
 of risks, by giving careful consideration to the natural risks for the location
 of the property before allowing construction and considerations if structures
 are allowed; and
 (iii)provide for
 construction relative to the risk and hazards, including—
 (I)establishment and adoption of State
 mandated building codes appropriate for the risk;
 (II)adequate
 enforcement of the risk-appropriate building codes, including inspections of
 homes to identify areas to strengthen such homes and reduce exposure to natural
 catastrophes;
 (III)use of building
 materials that prevent or significantly lessen potential damage from the
 natural catastrophes;
 (IV)use of building
 methods that prevent or significantly lessen potential damage from the natural
 catastrophes; and
 (V)focusing on
 prevention and mitigation for any substantially damaged structure, with an
 emphasis on how structures can be retrofitted to make them compliant with
 building codes.
 (g)Continuous
 improvement, coordination and integrationThe National Commission on Natural
 Catastrophe Preparation and Protection established under section 101 shall work
 with eligible State plans and the Committee to continuously improve,
 coordinate, and integrate disaster readiness, citizen and community
 preparedness, and loss prevention and mitigation at the local, State, regional,
 and national levels.


type: other

text:
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 Uimh: 151229142356
 Méid: 6x11x11mm
 Rhinestone coirníní European Stíl, Cruach dhosmálta, le réiteodh cré rhinestone, Droim, déanta as cruach dhosmálta croí dúbailte gan troll, dathanna níos mó le haghaidh rogha, 9x14mm, Poll:Thart 5mm, Díolta De réir PC
 Uimh: 160105141524
 Méid: 9x14mm
 Do Praghas: US$ 1.84/PC
 Rhinestone coirníní European Stíl, Prás, dath platanam plátáilte, gan troll & le rhinestone, dathanna níos mó le haghaidh rogha, nicil, luaidhe & caidmiam saor in aisce, 8x8x2.50mm, Poll:Thart 5mm, 100ríomhairí pearsanta/Lot, Díolta De réir Lot
 Uimh: 160809161155
 Méid: 8x8x2.50mm
 Do Praghas: US$ 10/Lot
 Rhinestone coirníní European Stíl, Cruach dhosmálta, Rondelle, plátáilte, gan troll & le rhinestone, dathanna níos mó le haghaidh rogha, 10x5.50mm, Poll:Thart 5mm, 10ríomhairí pearsanta/Lot, Díolta De réir Lot
 Uimh: 160922140049
 Méid: 10x5.50mm
 Do Praghas: US$ 7.98~8.53/Lot
 Rhinestone coirníní European Stíl, Cruach dhosmálta, plátáilte, gan troll & le rhinestone, dathanna níos mó le haghaidh rogha, 10x7x10mm, Poll:Thart 5mm, 10ríomhairí pearsanta/Lot, Díolta De réir Lot
 Uimh: 160922140223
 Méid: 10x7x10mm
 Rhinestone coirníní European Stíl, réiteodh cré rhinestone, Droim, dath platanam plátáilte, práis croí dúbailte gan troll & le rhinestone, dubh, 8x12mm, Poll:Thart 4.5mm, 30ríomhairí pearsanta/Mála, Díolta De réir Mála
 Uimh: 130814103110
 Rhinestone coirníní European Stíl, réiteodh cré rhinestone, Droim, dath platanam plátáilte, práis croí dúbailte gan troll & le rhinestone, sapphire, 8x12mm, Poll:Thart 4.5mm, 30ríomhairí pearsanta/Mála, Díolta De réir Mála
 Uimh: 130814103130
 Do Praghas: US$ 5.25/Mála
 Rhinestone coirníní European Stíl, réiteodh cré rhinestone, Droim, dath platanam plátáilte, práis croí dúbailte gan troll & le rhinestone, gorm, 8x12mm, Poll:Thart 4.5mm, 30ríomhairí pearsanta/Mála, Díolta De réir Mála
 Uimh: 130814103220
 Do Praghas: US$ 6.08/Mála
 Rhinestone coirníní European Stíl, réiteodh cré rhinestone, Droim, le 56 ríomhairí pearsanta rhinestone & lárnach amháin práis gan troll, dathanna níos mó le haghaidh rogha, 12x10mm, Poll:Thart 5.2mm, 10ríomhairí pearsanta/Mála, Díolta De réir Mála
 Uimh: 140520191520
 Méid: 12x10mm
 Do Praghas: US$ 1.58/Mála
 Rhinestone coirníní European Stíl, réiteodh cré rhinestone, Rondelle, le 66 ríomhairí pearsanta rhinestone & lárnach amháin práis gan troll, dathanna níos mó le haghaidh rogha, 15x10mm, Poll:Thart 6mm, Díolta De réir PC
 Uimh: 140520194728
 Do Praghas: US$ 0.25~0.44/PC
 Míreanna Iomlán:35 Caol leGealseachadtaLaistigh de 24 uair an chloig(16)Laistigh de 5 lá(14)CruthRondelle (13)Droim (12)Tube (1)Colún (1)Cruth Eile (2)Dathsoiléir (1)dathanna measctha (1)aon cheann (1)dearg (2)úll glas (1)buí (2)dorcha corcra (1)tan (1)corcra (1)gorm (1)dathanna níos mó le haghaidh rogha (12)il-daite (1)bán (1)Ceardaíochtdath platanam plátáilte (11)aon cheann (9)dath airgid plated (3)plátáilte (2)Éifeachtlárnach amháin airgid sterling gan troll (2)le rhinestone (21)gan troll (14)94 ríomhairí pearsanta rhinestone (1)lárnach amháin práis gan troll (3)práis croí dúbailte gan troll (9)le 52 ríomhairí pearsanta rhinestone (1)70 ríomhairí pearsanta rhinestone (4)le 64 ríomhairí pearsanta rhinestone (1)le 86pcs rhinestone (1)le rhinestone na Seice (1)déanta as cruach dhosmálta croí dúbailte gan troll (1) Maidir Linne | Déan teagmháil linn | Téarma dúinn | Mapa an Láithreáin | Nuacht aird & Cúram | Polasaí Lascaine | Polasaí Tuairisceán | Fógra Príobháide | Conas a íoc | Affiliate Program


text:
Regulamin Internetowej galerii obrazów Artb2b.pl
 System Sprzedaży ARTb2b znajdujący się pod adresem www.artb2b.pl, zwany
 dalej Hurtownią, jest własnością firmy:
 Rynek ks. Mojżykiewicza 5
 64-224 Przemęt
 (Adres korespondencyjny: Fideli sp. z o.o. Żeromskiego 16, 64-200 Wolsztyn )
 Kupujący ma prawo przed złożeniem zamówienia do negocjacji wszelkich zapisów umowy ze Sprzedającym, w tym również zmieniających zapisy poniższego regulaminu. Negocjacje, te powinny być prowadzone w formie pisemnej i kierowane na adres Sprzedającego (FIDELI Sp. z o.o., Żeromskiego 16, 64-200 Wolsztyn).
 FIDELI Sp. z o. o.
 e-mail: bok@artb2b.pl
 telefon: 514 514 815
 4. Karta produktu – pojedyncza podstrona sklepu zawierająca informacje o pojedynczym produkcie.
 5. Klient – pełnoletnia osoba fizyczna posiadająca pełną zdolność do czynności prawnych, osoba prawna lub jednostka organizacyjna nie posiadająca osobowości prawnej a posiadająca zdolność do czynności prawnych, dokonująca u Sprzedającego zakupu związanego bezpośrednio z jej działalnością gospodarczą lub zawodową.
 6. Kodeks cywilny – ustawa kodeks cywilny z dnia 23 kwietnia 1964 roku z późniejszymi zmianami.
 7. Kodeks dobrych praktyk – zbiór zasad postępowania, a w szczególności norm etycznych i zawodowych, o których mowa w art 2 pkt. 5 Ustawy o przeciwdziałaniu nieuczciwym praktykom rynkowym z dnia 23 sierpnia 2007 roku z późniejszymi zmianami.
 8. Konsument – pełnoletnia osoba fizyczna posiadająca pełną zdolność do czynności prawnych, dokonująca u Sprzedającego zakupu niezwiązanego bezpośrednio z jej działalnością gospodarczą lub zawodową.
 9. Koszyk – lista produktów sporządzona z oferowanych w sklepie produktów na podstawie wyborów Kupującego.
 10. Kupujący – zarówno Konsument, jak i Klient.
 11. Miejsce wydania rzeczy – adres pocztowy lub punkt odbioru wskazane w zamówieniu przez Kupującego.
 12. Moment wydania rzeczy – moment, w którym Kupujący lub wskazana przez niego do odbioru osoba trzecia obejmie rzecz w posiadanie.
 13. Płatność – metoda dokonania zapłaty za przedmiot umowy i dostawę
 14. Prawo konsumenckie – ustawa o prawach konsumenta z dnia 30 maja 2014 roku.
 17. Przedmiot świadczenia – przedmiot umowy.
 18. Punkt odbioru – miejsce wydania rzeczy nie będące adresem pocztowym, wymienione w zestawieniu udostępnionym przez Sprzedającego w sklepie.
 19. Rzecz – rzecz ruchoma mogąca być lub będąca przedmiotem umowy.
 20. Sklep – serwis internetowy dostępny pod adresem artb2b.pl, za pośrednictwem którego Kupujący może złożyć zamówienie.
 21. Sprzedający:
 NIP: 9231687378, REGON: 301745365,
 zarejestrowany i widoczny w KRS pod numerem: 0000386542
 KONTO BANKOWE: 44 1090 1607 0000 0001 1996 3015
 22. System – zespół współpracujących ze sobą urządzeń informatycznych i oprogramowania, zapewniający przetwarzanie i przechowywanie, a także wysyłanie i odbieranie danych poprzez sieci telekomunikacyjne za pomocą właściwego dla danego rodzaju sieci urządzenia końcowego, potocznie określany Internetem.
 23. Termin realizacji – podana na karcie produktu liczba godzin lub dni roboczych.
 24. Umowa – umowa zawierana poza lokalem przedsiębiorcy lub na odległość w rozumieniu Ustawy o prawach konsumenta z dnia 30 maja 2014 roku w przypadku Konsumentów i umowa sprzedaży w rozumieniu art. 535 Ustawy kodeks cywilny z dnia 23 kwietnia 1964 roku w przypadku Kupujących.
 25. Wada – zarówno wada fizyczna, jak i wada prawna.
 26. Wada fizyczna – niezgodność rzeczy sprzedanej z umową, a w szczególności jeśli rzecz:
 27. Wada prawna – sytuacja, kiedy rzecz sprzedana stanowi własność osoby trzeciej albo jest obciążona prawem osoby trzeciej, a także jeżeli ograniczenie w korzystaniu lub rozporządzaniu rzeczą wynika z decyzji lub orzeczenia właściwego organu.
 28. Zamówienie – oświadczenie woli Kupującego złożone za pośrednictwem sklepu określające jednoznacznie: rodzaj i ilość produktów; rodzaj dostawy; rodzaj płatności; miejsce wydania rzeczy, dane Kupującego a zmierzające bezpośrednio do zawarcia umowy pomiędzy Kupującym a Sprzedającym.
 9. Sprzedający zapewnia Kupującemu korzystającemu z systemu poprawność działania sklepu w następujących przeglądarkach: IE wersja 7 lub nowsza, FireFox wersja 3 lub nowsza, Opera wersja 9 lub nowsza, Chrome wersja 10 lub nowsza, Safari z zainstalowanymi najnowszymi wersjami JAVA i FLASH, na ekranach o rozdzielczości poziomej powyżej 1024 px. Używanie oprogramowania firm trzecich mających wpływ na funkcjonowanie i funkcjonalność przeglądarek: Internet Explorer, FireFox, Opera, Chrome, Safari może mieć wpływ na poprawne wyświetlanie sklepu, dlatego w celu uzyskania pełnej funkcjonalności hurtowni artb2b.pl, należy je wszystkie wyłączyć.
 10. Kupujący może skorzystać z opcji zapamiętania jego danych przez sklep w celu ułatwienia procesu składania kolejnego zamówienia. W tym celu Kupujący powinien podać login i hasło, niezbędne do uzyskania dostępu do swojego konta. Login i hasło są ciągiem znaków ustalanych przez Kupującego, który ma obowiązek zachowania ich w tajemnicy i chronienia przed niepowołanym dostępem osób trzecich. Kupujący ma w każdej chwili możliwość wglądu, poprawiania, aktualizacji danych oraz usuwania konta w hurtowni.
 e. złożenie w sklepie zamówienia poprzez użycie przycisku „Potwierdzam i zamawiam”.
 10. Informujemy, że nie przyjmujemy zamówień na wydruk zdjęć o charakterze religijnym (w tym świątecznym np. urodziny, imieniny itp.) oraz politycznym, militarnym i o zabarwieniu erotycznym. W związku z powyższym prosimy o nie przekazywanie tego rodzaju zdjęć do kadrowania i wyceny. Zastrzegamy sobie prawo do odmowy realizacji zamówień bez podania przyczyny.
 3. Oświadczenie o odstąpieniu od umowy Konsument może złożyć na formularzu, którego wzór stanowi załącznik nr 2 do Prawa konsumenckiego, na formularzu dostępnym pod adresem artb2b.pl/formularz-zwrotu lub w innej formie zgodnej z Prawem konsumenckim.
 3. Szczegółowe zasady zbierania, przetwarzania i przechowywania danych osobowych wykorzystywanych w celu realizacji zamówień przez sklep zostały opisane w Polityce prywatności, która znajduje się pod adresem: artb2b.pl/polityka-prywatnosci
 3. Aktualna wersja regulaminu jest zawsze dostępna dla Kupującego w zakładce regulamin (http://artb2b.pl/Regulamin_Galerii.html). W trakcie realizacji zamówienia oraz w całym okresie opieki posprzedażowej Kupującego obowiązuje regulamin zaakceptowany przez niego przy składaniu zamówienia. Za wyjątkiem sytuacji, kiedy Konsument uzna go za mniej korzystny od aktualnego i poinformuje Sprzedającego o wyborze aktualnego jako obowiązującego.
 (Wolsztyn, 22.03.2015 r.)