US Congress House Bill 2565 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on May 19 2017 - 25% progression, died in chamber
Action: 2017-07-14 - Placed on the Union Calendar, Calendar No. 156.
Text: Latest bill text (Introduced) [PDF]

To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes. (Sec. 1) This bill directs the Federal Emergency Management Agency (FEMA) to incorporate the replacement cost value of a structure insured under the National Flood Insurance Program of 1968 in its consideration of chargeable premium rates. FEMA must conduct a study regarding risk rating redesign utilizing replacement cost and report the findings to Congress.

To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

Rep. Blaine Luetkemeyer [R-MO]

Date	Chamber	Action
2017-07-14	House	Placed on the Union Calendar, Calendar No. 156.
2017-07-14	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 115-221.
2017-06-21	House	Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25.
2017-06-21	House	Committee Consideration and Mark-up Session Held.
2017-05-19	House	Referred to the House Committee on Financial Services.
2017-05-19	House	Introduced in House

HB2874 (Related) 2017-11-15 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/2565/all-info
Text	https://www.congress.gov/115/bills/hr2565/BILLS-115hr2565ih.pdf
Text	https://www.congress.gov/115/bills/hr2565/BILLS-115hr2565rh.pdf