HOUSE 3414117th CongressReferred to the House Committee on Financial Services.

To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas, and for other purposes.

Last Action: 5/20/2021

Actions

2021-05-20Referred to the House Committee on Financial Services.
2021-05-20Introduced in House
2021-05-20Introduced in House

CRS Summary

As of 2021-05-20 (00)

This bill limits the required purchase of flood insurance in certain circumstances to only residential properties (currently, the requirement applies to all types of property).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.