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Flood Insurance Fairness Act
12/30/2022, 9:31 PM
Congressional Summary of S 1960
Flood Insurance Fairness Act
This bill prohibits the Federal Emergency Management Agency (FEMA) from adjusting the premium rate of flood insurance issued under the National Flood Insurance Program. Under current law, FEMA has statutory authority to set premium rates subject to certain limitations on annual increases.
Read the Full Bill
Current Status of Bill S 1960
Bill S 1960 is currently in the status of Bill Introduced since June 7, 2021. Bill S 1960 was introduced during Congress 117 and was introduced to the Senate on June 7, 2021. Bill S 1960's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of June 7, 2021
Bipartisan Support of Bill S 1960
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1960
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Disaster relief and insurance
- Floods and storm protection
Alternate Title(s) of Bill S 1960
A bill to restrict the ability of the Administrator of the Federal Emergency Management Agency to adjust the rates for flood insurance coverage under the National Flood Insurance Program, and for other purposes.
Flood Insurance Fairness Act
Flood Insurance Fairness Act
Comments
Sponsors and Cosponsors of S 1960
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