summary
Introduced
03/14/2025
03/14/2025
In Committee
03/14/2025
03/14/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend the National Flood Insurance Act of 1968 to reauthorize the National Flood Insurance Program.
AI Summary
This bill is a straightforward legislative measure to extend the National Flood Insurance Program (NFIP), a federal program that provides flood insurance to property owners in flood-prone areas. Specifically, the bill amends two sections of the National Flood Insurance Act of 1968 to change the program's expiration date from September 30, 2023, to September 30, 2025, effectively giving the program two more years of authorization. The bill includes a provision that if it is enacted after March 14, 2025, the amendments will be treated as if they were effective on that date, which ensures continuity of the flood insurance program. By extending the NFIP's financing and program authorization, the bill helps maintain insurance coverage for property owners in areas at risk of flooding, providing financial protection against potential flood-related damages.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Referred to the House Committee on Financial Services. (on 03/14/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/2123/all-info |
| BillText | https://www.congress.gov/119/bills/hr2123/BILLS-119hr2123ih.pdf |
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