US HB1430 | 2011-2012 | 112th Congress

Status

Sponsorship: Partisan Bill (Republican 3)
Status: Introduced on April 7 2011 - 25% progression, died in committee
Action: 2011-05-02 - Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
Pending: House Subcommittee on Insurance, Housing and Community Opportunity Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Flood Insurance Choice Act - Amends the Flood Disaster Protection Act of 1973 to require regulated lending institutions, federal agency lenders, and the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to accept, as satisfaction of certain mortgage requirements for flood insurance, flood insurance coverage provided by a private entity that otherwise meets the Act's coverage requirements.

Tracking Information

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Title

Flood Insurance Choice Act

Sponsors


History

DateChamberAction
2011-05-02HouseReferred to the Subcommittee on Insurance, Housing and Community Opportunity.
2011-05-02HouseReferred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
2011-04-07HouseReferred to the House Committee on Financial Services.

Same As/Similar To

HB5652 (Related) 2012-05-15 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 398.

Subjects


US Congress State Sources


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