NFIP Extension Act of 2025
3/26/2025, 12:52 PMSummary of Bill S 824
Bill 119 s 824, also known as the National Flood Insurance Program Reauthorization Act, is a piece of legislation that aims to extend the National Flood Insurance Program (NFIP). The NFIP is a government program that provides flood insurance to homeowners, renters, and businesses in flood-prone areas.The bill seeks to reauthorize the NFIP for a period of five years, ensuring that the program continues to provide coverage for those in need. It also includes provisions to improve the financial stability of the program, such as increasing premiums for policyholders and updating flood mapping technology to better assess risk.
Additionally, the bill includes measures to promote mitigation efforts to reduce the impact of flooding, such as providing incentives for property owners to take steps to protect their homes and businesses from flood damage. Overall, Bill 119 s 824 is aimed at ensuring that the NFIP remains a viable and effective program for providing flood insurance coverage to those at risk of flooding, while also encouraging proactive measures to mitigate the impact of floods on communities across the United States.
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Current Status of Bill S 824
Bill S 824 is currently in the status of Bill Introduced since March 4, 2025. Bill S 824 was introduced during Congress 119 and was introduced to the Senate on March 4, 2025. Bill S 824's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 4, 2025Bipartisan Support of Bill S 824
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 824
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 824
NFIP Extension Act of 2025NFIP Extension Act of 2025A bill to reauthorize the National Flood Insurance Program.Comments
Most relevant
Sponsors and Cosponsors of S 824
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