State Flood Mitigation Revolving Fund Act of 2019
Latest action · Mar 7, 2019 Referred to the House Committee on Financial Services.
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.
- IntroducedMar 7, 2019
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
State Flood Mitigation Revolving Fund Act of 2019
This bill permits the Federal Emergency Management Agency (FEMA) to provide capitalization grants to states. These grants must establish revolving funds to address flood risks. Revolving funds may be used to provide (1) financial assistance to participants in the National Flood Insurance Program, including homeowners, businesses, nonprofit organizations, and local governments; or (2) support for leveraged loans or state bonds. Financial assistance may be used for elevation projects, flood-proofing activities, relocation or removal of buildings, environmental restoration, acquiring property, obtaining protective easements, and other activities identified by FEMA.
States must annually submit to FEMA a plan that identifies the intended uses of the state loan fund.
States may provide additional subsidies to low-income homeowners and recipients of financial assistance in low-income areas.
Cosponsors 28
Members who signed on, in the order they did. Signatures ran from Mar 7, 2019 to Dec 17, 2020, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TX | Roger Williams | Original | Mar 7, 2019 |
| D-FL | Al Lawson, Jr. | Mar 14, 2019 | |
| R-SC | Joe Wilson | Apr 4, 2019 | |
| D-IL | Jesús G. "Chuy" García | May 1, 2019 | |
| D-NY | Kathleen M. Rice | May 1, 2019 | |
| D-GA | David Scott | May 7, 2019 | |
| R-GA | Earl L. "Buddy" Carter | May 7, 2019 | |
| D-SC | Joe Cunningham | May 16, 2019 | |
| R-GA | Rob Woodall | May 21, 2019 | |
| D-TX | Vicente Gonzalez | May 21, 2019 | |
| D-GA | Henry C. "Hank" Johnson, Jr. | May 22, 2019 | |
| D-WI | Ron Kind | May 23, 2019 | |
| D-FL | Alcee L. Hastings | May 30, 2019 | |
| D-TN | Steve Cohen | May 30, 2019 | |
| D-MN | Angie Craig | Jun 5, 2019 |
Actions 2
Everything that happened, newest first.
- Mar 7, 2019Introduced in House
- Mar 7, 2019Referred to the House Committee on Financial Services.
Related bills 4
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2187 | National Flood Insurance Program Reauthorization and Reform Act of 2019 | Related bill | Jul 18, 2019 |
| S 2192 | State Flood Mitigation Revolving Fund Act of 2019 | Related bill | Jul 18, 2019 |
| HR 3167 | National Flood Insurance Program Reauthorization Act of 2019 | Related bill | Oct 28, 2019 |
| HR 3872 | National Flood Insurance Program Reauthorization and Reform Act of 2019 | Related bill | Jul 23, 2019 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Mar 7, 2019Introduced 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.