Bill > S824

This bill reauthorizes the National Flood Insurance Program (NFIP), which provides federally backed flood insurance to property owners, by extending the program's financing and expiration date from September 30, 2023, to September 30, 2025. The bill, titled the "NFIP Extension Act of 2025," makes technical amendments to two sections of the National Flood Insurance Act of 1968, specifically updating the sunset dates for the program's financing and overall authorization. If the bill is enacted after March 14, 2025, the amendments will be applied retroactively to that date, ensuring continuous coverage and preventing any gap in the NFIP's authorization. This extension is crucial for maintaining flood insurance availability for property owners in flood-prone areas, as the NFIP is the primary source of flood insurance for many homeowners and businesses in the United States.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/824/all-info