H.R. 1267 · 113th Congress
Flood Insurance Premium Relief Act of 2013
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
PalazzoSponsor1 cosponsor · 1 R
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Flood Insurance Premium Relief Act of 2013 - States that the flood insurance risk premium rate for property purchased between July 6, 2012, and January 1, 2015, shall, during the 12-month period beginning upon such purchase, be the amount chargeable for such property immediately before its purchase (thus delaying implementation of the rate increase).
What it does: CRS summary · Introduced in House · Mar 19, 2013
Flood Insurance Premium Relief Act of 2013 - States that the flood insurance risk premium rate for property purchased between July 6, 2012, and January 1, 2015, shall, during the 12-month period beginning upon such purchase, be the amount chargeable for such property immediately before its purchase (thus delaying implementation of the rate increase).
Requires phase-in of the rate increase, following expiration of such 12-month period, over a 10-year period, at 10% for each year.
Makes conforming amendments to the National Flood Insurance Act of 1968.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Flood Insurance Premium Relief Act of 2013
Latest action (Mar 19, 2013): Referred to the House Committee on Financial Services.
Policy area: Emergency Management · Origin: House · Introduced: Mar 19, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.