US HB1267 | 2013-2014 | 113th Congress
Status
Sponsorship: Partisan Bill (Republican 2)
Status: Introduced on March 19 2013 - 25% progression, died in committee
Action: 2013-03-19 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 19 2013 - 25% progression, died in committee
Action: 2013-03-19 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Flood Insurance Premium Relief Act of 2013 - States that the flood insurance risk premium rate for property purchased between July 6, 2012, and January 1, 2015, shall, during the 12-month period beginning upon such purchase, be the amount chargeable for such property immediately before its purchase (thus delaying implementation of the rate increase). Requires phase-in of the rate increase, following expiration of such 12-month period, over a 10-year period, at 10% for each year. Makes conforming amendments to the National Flood Insurance Act of 1968.
Title
Flood Insurance Premium Relief Act of 2013
Sponsors
| Rep. Steven Palazzo [R-MS] | Rep. Walter Jones [R-NC] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-03-19 | House | Referred to the House Committee on Financial Services. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/1267/all-info |
| Text | https://www.congress.gov/113/bills/hr1267/BILLS-113hr1267ih.pdf |
