National Flood Insurance Program Policyholder Protection Act of 2017
Latest action · Jul 11, 2017 Placed on the Union Calendar, Calendar No. 148.
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.
- IntroducedJun 8, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(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.
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Jun 15, 2017 to Jul 11, 2017.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Carolyn B. Maloney | Jun 15, 2017 | |
| D-NY | Louise McIntosh Slaughter | Jul 11, 2017 |
Actions 6
Everything that happened, newest first.
- Jul 11, 2017Placed on the Union Calendar, Calendar No. 148.
- Jul 11, 2017Reported by the Committee on Financial Services. H. Rept. 115-211.
- Jun 15, 2017Committee Consideration and Mark-up Session Held.
- Jun 15, 2017Ordered to be Reported by the Yeas and Nays: 53 - 0.
- Jun 8, 2017Introduced in House
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 2874 | 21st Century Flood Reform Act | Related bill | Nov 15, 2017 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 2
Each version as it was printed, newest first.
- Jul 11, 2017Reported in House
- Jun 8, 2017Introduced in House
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.