Bill > S3151

This bill amends the National Flood Insurance Act of 1968 to create an automatic contingent extension mechanism for the National Flood Insurance Program (NFIP). Specifically, the bill establishes that after the September 30, 2023 expiration date, if no new law is enacted, the NFIP's key authorities will automatically extend until the end of the following fiscal year. These authorities include the ability to enter into and renew flood insurance contracts, maintain existing insurance coverage, pay claims, service policies, and perform administrative functions. During this automatic extension, all existing funding levels, dollar amounts, rates, terms, and conditions will remain the same as they were before the termination date. The bill explicitly states that this automatic extension does not apply to specific pilot programs, demonstration projects, or committees with statutorily mandated termination dates. The legislation is designed to prevent disruption of flood insurance services and ensure continuity of the program if Congress fails to pass a specific extension or reauthorization. The bill includes a retroactive effective date of September 30, 2025, providing a clear legal framework for the program's potential future extensions.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/3151/all-info