Bill > S1015

This bill extends the National Flood Insurance Program (NFIP), a federal program that provides flood insurance to property owners in flood-prone areas, through December 31, 2026. Specifically, the bill amends two sections of the National Flood Insurance Act of 1968 by changing the current program expiration date from September 30, 2023, to December 31, 2026. This extension will allow the NFIP to continue providing critical flood insurance coverage to homeowners, renters, and businesses in areas at risk of flooding, ensuring that property owners can maintain financial protection against flood-related damages for an additional three years beyond the previous expiration date. The bill is a straightforward legislative mechanism to maintain continuity of this important federal insurance program, which helps communities recover from flood events and provides a safety net for property owners in flood-prone regions.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/1015/all-info