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SENATE 601118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Flood Insurance Affordability Act

Last Action
3/1/2023

Actions

  • 2023-03-01Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2023-03-01Introduced in Senate

CRS Summary

As of 2023-03-01 (00)

Flood Insurance Affordability Act

This bill lowers the annual limit on National Flood Insurance Program (NFIP) premium increases applicable to primary residences from 18% to 9%.

Cosponsors (1)

  • Marco Rubio (R-FL)
Read on Congress.gov

Sourced from Congress.gov (public domain).

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.