US Congress Senate Bill 2187 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 7-4)
Status: Introduced on July 18 2019 - 25% progression, died in committee
Action: 2019-07-18 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Generally revises the National Flood Insurance Program (NFIP) and reauthorizes the program through FY2024. The bill addresses NFIP coverage, cost, and availability, including by generally prohibiting the Federal Emergency Management Agency (FEMA) from raising certain premiums, surcharges, and fees more than 9% a year for five years; revising flood insurance coverage limits; establishing the Affordability Assistance Fund to provide financial assistance to low income households through vouchers, grants, or premium credits; and revising standards and certification requirements for flood insurance rate maps. The bill also revises administrative provisions of NFIP, including by allowing for the continuous operation of NFIP during a lapse in appropriations, and prohibiting the Department of the Treasury from charging FEMA interest for NFIP debt for five years. The bill sets forth requirements for Write Your Own companies related to reimbursements, agent commissions, and penalties for underpayment of claims. (A Write Your Own company writes and services federal standard flood insurance policies in its own name.) The bill establishes a state revolving fund for flood mitigation activities and also provides for loans, grants, and other incentives regarding mitigation.

National Flood Insurance Program Reauthorization and Reform Act of 2019

Sen. Robert Menendez [D-NJ]	Sen. Bill Cassidy [R-LA]	Sen. Charles Schumer [D-NY]	Sen. Cindy Hyde-Smith [R-MS]
Sen. Kirsten Gillibrand [D-NY]	Sen. John Kennedy [R-LA]	Sen. Jack Reed [D-RI]	Sen. Marco Rubio [R-FL]
Sen. Cory Booker [D-NJ]	Sen. Elizabeth Warren [D-MA]	Sen. Chris Van Hollen [D-MD]

Date	Chamber	Action
2019-07-18	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

HB3872 (Same As) 2019-07-23 - Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
SB2192 (Related) 2019-07-18 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4953-4954)
HB1610 (Related) 2019-03-07 - Referred to the House Committee on Financial Services.
HB2318 (Related) 2019-04-12 - Referred to the House Committee on Financial Services.
SB1144 (Related) 2019-04-11 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
SB2122 (Related) 2019-07-16 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
SB2170 (Related) 2019-07-18 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/2187/all-info
Text	https://www.congress.gov/116/bills/s2187/BILLS-116s2187is.pdf