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H.R. 7842 · 117th Congress

Protecting Families and the Solvency of the National Flood Insurance Program Act of 2022

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

1 cosponsor · 1 D

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Protecting Families and the Solvency of the National Flood Insurance Program Act of 2022

What it does: CRS summary · Introduced in House · May 19, 2022

Protecting Families and the Solvency of the National Flood Insurance Program Act of 2022

This bill revises the National Flood Insurance Program and expands assistance for properties that have experienced repetitive flood-related losses. For example, the bill expedites the voluntary buyouts of such property.

Additionally, the bill requires community plans for addressing repetitive loss properties and expands mitigation assistance for repairs to structures facing repetitive losses.

The bill also addresses the equity of NFIP mitigation assistance by requiring equity considerations in eligibility determinations, waiving the matching requirement for underserved communities, and expanding predisaster hazard mitigation assistance to high-risk communities.

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

About this bill and sources

Official title: Protecting Families and the Solvency of the National Flood Insurance Program Act of 2022

Latest action (May 20, 2022): Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Policy area: Finance and Financial Sector · Origin: House · Introduced: May 19, 2022

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

No recorded floor vote found.