US Congress House Bill 2868 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on June 8 2017 - 25% progression, died in chamber
Action: 2017-07-11 - Placed on the Union Calendar, Calendar No. 148.
Text: Latest bill text (Introduced) [PDF]

National Flood Insurance Program Policyholder Protection Act of 2017 (Sec. 2) This bill amends the National Flood Insurance Act of 1968 to limit the chargeable flood insurance premium for a residential property having 4 or fewer residences to no more than $10,000 a year, subject to adjustments for future inflation. (Sec. 3) In determining chargeable premium rates, the Federal Emergency Management Agency (FEMA) shall offer a rate reduction if policyholders implement specified mitigation methods. Mitigation techniques that qualify for such rate reduction include methods that can be utilized on a block or neighborhood scale, and the elevation of mechanical systems. (Sec. 4) FEMA shall conduct a study of the feasibility of providing coverage for individual units in cooperative housing projects.

National Flood Insurance Program Policyholder Protection Act of 2017

Rep. Lee Zeldin [R-NY]

Rep. Carolyn Maloney [D-NY]

Rep. Louise Slaughter [D-NY]

Date	Chamber	Action
2017-07-11	House	Placed on the Union Calendar, Calendar No. 148.
2017-07-11	House	Reported by the Committee on Financial Services. H. Rept. 115-211.
2017-06-15	House	Ordered to be Reported by the Yeas and Nays: 53 - 0.
2017-06-15	House	Committee Consideration and Mark-up Session Held.
2017-06-08	House	Referred to the House Committee on Financial Services.
2017-06-08	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/2868/all-info
Text	https://www.congress.gov/115/bills/hr2868/BILLS-115hr2868ih.pdf
Text	https://www.congress.gov/115/bills/hr2868/BILLS-115hr2868rh.pdf