0
0

Flood History Information Act of 2021

12/31/2022, 8:59 AM

Summary of Bill HR 5256

Bill 117 hr 5256, also known as the Flood History Information Act of 2021, aims to improve the availability and accessibility of flood history information for homeowners and communities. The bill requires the Federal Emergency Management Agency (FEMA) to establish a centralized database of flood history information, including data on past flooding events, flood risk assessments, and flood insurance claims.

The database will be accessible to the public and will provide valuable information for homeowners, businesses, and local governments to better understand and prepare for flood risks. Additionally, the bill requires FEMA to update and maintain the database regularly to ensure that the information is accurate and up-to-date.

The Flood History Information Act of 2021 also includes provisions to improve coordination between federal, state, and local agencies in collecting and sharing flood history information. This will help ensure that all levels of government have access to the data they need to make informed decisions about flood risk management and disaster preparedness. Overall, this bill is aimed at increasing transparency and awareness of flood risks, and providing valuable information to help communities better prepare for and respond to flooding events.

Congressional Summary of HR 5256

Flood History Information Act of 2021

This bill provides for the sharing of National Flood Insurance Program policy and claim information. Specifically, the Federal Emergency Management Agency (FEMA) may share this data through an agreement with certain private insurance providers for the purposes of policy underwriting, establishing premium rates, and adjusting claims. Additionally, FEMA must provide specified flood insurance information to a purchaser, lessee, or current owner of a property upon request.

Current Status of Bill HR 5256

Bill HR 5256 is currently in the status of Bill Introduced since September 14, 2021. Bill HR 5256 was introduced during Congress 117 and was introduced to the House on September 14, 2021.  Bill HR 5256's most recent activity was Referred to the House Committee on Financial Services. as of September 14, 2021

Bipartisan Support of Bill HR 5256

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
8
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5256

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 5256

To provide for the disclosure and sharing of certain policy and claims information under the National Flood Insurance Program, and for other purposes.
Flood History Information Act of 2021
Flood History Information Act of 2021

Comments