summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Flood Insurance Fairness Act of 2011 - Amends the Flood Disaster Protection Act of 1973 to delay, for certain areas not previously designated as having special flood hazards, the effective date for the mandatory purchase of flood insurance until the expiration of the five-year period beginning upon the date that revisions to certain flood insurance maps become available. Prohibits this Act from being construed to authorize or require any payment or refund for flood insurance coverage purchases that covered any period during which such coverage is not required for the insured property. Amends the National Flood Insurance Act of 1968 to prescribe a five-year phase-in schedule for flood insurance rates for areas newly mapped as having special flood hazards. Requires the Administrator of the Federal Emergency Management Agency (FEMA) to reimburse property owners for costs incurred in requests to remove property from base flood elevations. Instructs the FEMA Administrator to submit to Congress a community outreach plan updating floodplain areas and flood-risk zones. Instructs the FEMA Administrator to notify the appropriate Members of Congress of actions taken regarding any modernization of a floodplain area or flood-risk zone in their respective states or districts.
AI Summary
This bill, the Flood Insurance Fairness Act of 2011, aims to adjust the National Flood Insurance Program by delaying the mandatory purchase of flood insurance for areas newly designated as having special flood hazards, or areas with a high risk of flooding, for five years after updated flood maps become available, though this delay does not affect the availability of insurance or other flood-related regulations, and it does not require refunds for past coverage. It also introduces a five-year phase-in for flood insurance rates in these newly mapped areas, gradually increasing the cost to the full rate over that period. Additionally, the bill mandates that the Federal Emergency Management Agency (FEMA) reimburse property owners for certain costs incurred when requesting to have their property removed from base flood elevations, and requires FEMA to develop and submit a community outreach plan to Congress regarding updates to floodplain areas and flood-risk zones, while also requiring FEMA to notify Members of Congress about significant actions related to these map modernizations.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to the Subcommittee on Insurance, Housing and Community Opportunity. (on 05/02/2011)
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/112th-congress/house-bill/1453/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-112hr1453ih/pdf/BILLS-112hr1453ih.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112hr1453ih/pdf/BILLS-112hr1453ih.pdf.pdf |
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