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H.R. 3693 · 113th Congress

Flood Insurance Relief and Transparency 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.

Flood Insurance Relief and Transparency Act of 2013 - Delays until March 1, 2015, the effective date of specified changes in risk premium rates for flood insurance under the National Flood Insurance Program (NFIP).

What it does: CRS summary · Introduced in House · Dec 11, 2013

Flood Insurance Relief and Transparency Act of 2013 - Delays until March 1, 2015, the effective date of specified changes in risk premium rates for flood insurance under the National Flood Insurance Program (NFIP).

Directs the Administrator of the Federal Emergency Management Agency (FEMA) to make publicly available all data affecting any changes in such risk premium rates.

Amends the Biggert-Waters Flood Insurance Reform Act of 2012 to remove the $750,000 restriction from the maximum amount of funds available to FEMA for the study of participation in and affordability of NFIP for certain flood insurance policyholders.

Amends the National Flood Insurance Act of 1968 to require FEMA to provide policyholders with the option of paying chargeable risk premiums for flood insurance coverage on an annual (as under current law) or a monthly basis. Sets forth criteria for policyholder eligibility to exercise the monthly option.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Flood Insurance Relief and Transparency Act of 2013

Latest action (Dec 11, 2013): Referred to the House Committee on Financial Services.

Policy area: Emergency Management · Origin: House · Introduced: Dec 11, 2013

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.