H.R. 2868 · 115th Congress
National Flood Insurance Program Policyholder Protection Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ZeldinSponsor2 cosponsors · 2 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
National Flood Insurance Program Policyholder Protection Act of 2017
What it does: CRS summary · Reported to House without amendment · Jul 11, 2017
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
National Flood Insurance Program Policyholder Protection Act of 2017
(Sec. 2) This bill amends the National Flood Insurance Act of 1968 to limit the chargeable flood insurance premium for a residential property having 4 or fewer residences to no more than $10,000 a year, subject to adjustments for future inflation.
(Sec. 3) In determining chargeable premium rates, the Federal Emergency Management Agency (FEMA) shall offer a rate reduction if policyholders implement specified mitigation methods. Mitigation techniques that qualify for such rate reduction include methods that can be utilized on a block or neighborhood scale, and the elevation of mechanical systems.
(Sec. 4) FEMA shall conduct a study of the feasibility of providing coverage for individual units in cooperative housing projects.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: National Flood Insurance Program Policyholder Protection Act of 2017
Latest action (Jul 11, 2017): Placed on the Union Calendar, Calendar No. 148.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 8, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.