S. 1679 · 114th Congress
Flood Insurance Market Parity and Modernization Act
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HellerSponsor10 cosponsors · 2 D, 8 R
D
Tester
MC
R
Crapo
JB
R
Boozman
RW
R
Wicker
MR
R
Rubio
RP
R
Portman
TC
R
Cochran
JD
D
Donnelly
JF
R
Flake
RP
R
Paul1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill amends the Flood Disaster Protection Act of 1973 to make technical amendments to requirements for flood insurance under either the federal program or private flood insurance.
What it does: CRS summary · Introduced in Senate · Jun 25, 2015
Flood Insurance Market Parity and Modernization Act
This bill amends the Flood Disaster Protection Act of 1973 to make technical amendments to requirements for flood insurance under either the federal program or private flood insurance.
"Private flood insurance" shall include any policy issued by an insurance company eligible as a nonadmitted insurer to provide flood insurance in the state or jurisdiction where the property to be insured is located.
The flood insurance program under the Act, including both private and federal flood insurance, shall extend to Puerto Rico, Guam, the Northern Mariana Islands, the Virgin Islands, and American Samoa.
The National Flood Insurance Act of 1968 is amended to direct the Federal Emergency Management Agency to consider any period during which a property was continuously covered by private flood insurance to be a period of continuous insurance coverage.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Flood Insurance Market Parity and Modernization Act
Latest action (Sep 13, 2016): Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-451.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Jun 25, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.