Low-Income Families Flood Insurance Access Act - Amends the National Flood Insurance Act to provide for a 50 percent discount in the chargeable premium flood insurance rates, for a limited period, for specified low-cost properties (principal residences valued at not more than $75,000) that are located within any area not previously designated as an area having special flood hazards that becomes designated as such an area.
Actions
Feb 27, 2003
Referred to the Subcommittee on Housing and Community Opportunity.
Jan 7, 2003
Referred to the House Committee on Financial Services.