US HB6614 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on November 29 2012 - 25% progression, died in committee
Action: 2012-12-20 - 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

Fire-Damaged Home Rebuilding Act of 2012 - Amends the National Flood Insurance Act of 1968 to prohibit certain mandatory land use and control measures in an area from being considered to be in compliance with land management criteria for participation in the flood insurance program unless those measures authorize the granting of a variance from compliance for a residential structure located in an area having special flood hazards but which is substantially damaged, instead, by non-flood related causes. Requires such a variance to allow for the repair and restoration of the structure to its predamaged condition on its original location without any higher elevation, but only if its owner at the time of the damage repairs and restores the structure for continued occupancy. Allows a variance to be granted only by the appropriate regional director of the Federal Emergency Management Agency (FEMA), subject to specified considerations. Requires chargeable flood insurance premium rates for a residential structure granted such a variance to equal, after repair and restoration, the rates which would have been applicable if the structure had not been substantially damaged, repaired, and restored under the variance.

Tracking Information

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Title

Fire-Damaged Home Rebuilding Act of 2012

Sponsors


History

DateChamberAction
2012-12-20HouseReferred to the Subcommittee on Insurance, Housing and Community Opportunity.
2012-11-29HouseReferred to the House Committee on Financial Services.

Subjects


US Congress State Sources


Bill Comments

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