HR 1428 · 107th Congress 2001–2003, ended

Two Floods and You Are Out of the Taxpayers' Pocket Act of 2001

Introduced Apr 4, 2001 Originated House Sponsor Doug Bereuter R-NE

Fact sheet

Latest action · Apr 24, 2001 Referred to the Subcommittee on Housing and Community Opportunity.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedApr 4, 2001
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Two Floods and You Are Out of the Taxpayers' Pocket Act of 2001 - Amends the National Flood Insurance Act of 1968 to require the Director of the Federal Emergency Management Agency, in awarding grants for mitigation activities, to give priority to properties for which repetitive flood insurance claim payments have been made (repetitive claim properties). Authorizes the Director to waive mitigation assistance limits when the State or community has repetitive claim properties and such waiver is cost-effective and in the best interests of the National Flood Insurance Fund.

Increases amounts credited to the National Flood Mitigation Fund from the National Flood Insurance Fund, such amounts to be used only for repetitive claim properties.

Extends through FY 2005 the authority to enter into flood insurance contracts and the authorization of appropriations for the national flood insurance program.

Provides chargeable national flood insurance premium rates for: (1) repetitive claim properties; and (2) certain coastal and river properties leased from the Government. Authorizes annual premium increases with respect to such properties.

Amends the National Flood Insurance Reform Act of 1994 to prohibit Federal disaster relief assistance from being used for repair, replacement, or restoration of any property in the area for which: (1) repetitive claim payments have been made; and (2) Federal mitigation assistance has been offered to, but refused by, the property owner.

Authorizes the Director to provide for funding for mitigation actions that reduce flood damages to repetitive claim properties, under certain conditions. Provides funding for such assistance from the National Flood Insurance Fund.

Cosponsors 2

Members who signed on, in the order they did. All signed on Apr 4, 2001.

SeatCosponsorSigned on
D-OREarl BlumenauerOriginalApr 4, 2001
D-ILJerry F. CostelloOriginalApr 4, 2001

Actions 3

Everything that happened, newest first.

  1. Apr 24, 2001Referred to the Subcommittee on Housing and Community Opportunity.
  2. Apr 4, 2001Introduced in House
  3. Apr 4, 2001Referred to the House Committee on Financial Services.

Subjects

Assigned by the Library of Congress. Policy area: Emergency Management.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.