Flood Insurance Affordability Act

Bill Number

S 601

Introduced

Mar 1, 2023

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsor

Cosponsors

Topics

Finance and Financial Sector

Full Text

Votes

Summary

Flood Insurance Affordability Act

This bill lowers the annual limit on National Flood Insurance Program (NFIP) premium increases applicable to primary residences from 18% to 9%.

Actions

Mar 1, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 1, 2023

Introduced in Senate

Amendments

Related Bills