H.R. 4071 · 113th Congress
Flood Insurance Flexibility Act of 2014
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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.
D
SchraderSponsor2 cosponsors · 2 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Flood Insurance Flexibility Act of 2014 - Amends the National Flood Insurance Act of 1968 to direct the Administrator of the Federal Emergency Management Agency (FEMA) to make available, at the option of the insured, flood insurance coverage for properties with premiums and deductibles which have an annual loss-deductible for damage to the covered property…
What it does: CRS summary · Introduced in House · Feb 21, 2014
Flood Insurance Flexibility Act of 2014 - Amends the National Flood Insurance Act of 1968 to direct the Administrator of the Federal Emergency Management Agency (FEMA) to make available, at the option of the insured, flood insurance coverage for properties with premiums and deductibles which have an annual loss-deductible for damage to the covered property of at least $10,000.
Authorizes FEMA to make coverage available with higher loss-deductible amounts that it considers feasible and appropriate.
Requires such flood insurance coverage to have a chargeable risk premium rate that, as determined by FEMA, accurately reflects both the current risk of flood to the property and the deductible.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Flood Insurance Flexibility Act of 2014
Latest action (Feb 21, 2014): Referred to the House Committee on Financial Services.
Policy area: Emergency Management · Origin: House · Introduced: Feb 21, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.