S. 2187 · 116th Congress
National Flood Insurance Program Reauthorization and Reform Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
MenendezSponsor10 cosponsors · 6 D, 4 R
D
Booker
BC
R
Cassidy
KG
D
Gillibrand
CH
R
Hyde-Smith
JK
R
Kennedy
JR
D
Reed
MR
R
Rubio
CS
D
Schumer
CV
D
Van Hollen
EW
D
Warren10 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
National Flood Insurance Program Reauthorization and Reform Act of 2019
What it does: CRS summary · Introduced in Senate · Jul 18, 2019
National Flood Insurance Program Reauthorization and Reform Act of 2019
This bill generally revises the National Flood Insurance Program (NFIP) and reauthorizes the program through FY2024.
The bill addresses NFIP coverage, cost, and availability, including by
- generally prohibiting the Federal Emergency Management Agency (FEMA) from raising certain premiums, surcharges, and fees more than 9% a year for five years;
- revising flood insurance coverage limits;
- establishing the Affordability Assistance Fund to provide financial assistance to low income households through vouchers, grants, or premium credits; and
- revising standards and certification requirements for flood insurance rate maps.
The bill also revises administrative provisions of NFIP, including by
- allowing for the continuous operation of NFIP during a lapse in appropriations, and
- prohibiting the Department of the Treasury from charging FEMA interest for NFIP debt for five years.
The bill sets forth requirements for Write Your Own companies related to reimbursements, agent commissions, and penalties for underpayment of claims. (A Write Your Own company writes and services federal standard flood insurance policies in its own name.)
The bill establishes a state revolving fund for flood mitigation activities and also provides for loans, grants, and other incentives regarding mitigation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: National Flood Insurance Program Reauthorization and Reform Act of 2019
Latest action (Jul 18, 2019): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Jul 18, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.