NFIP Extension Act of 2025

Bill 119 HR 2123, also known as the National Flood Insurance Program Reauthorization Act, aims to amend the National Flood Insurance Act of 1968 in order to extend the authorization of the National Flood Insurance Program (NFIP). The NFIP was created to provide affordable flood insurance to property owners in flood-prone areas and to encourage communities to adopt and enforce floodplain management regulations.

The bill seeks to reauthorize the NFIP for a specified period of time, ensuring that the program continues to provide coverage for policyholders and support for communities at risk of flooding. By reauthorizing the NFIP, Congress can ensure that property owners have access to affordable flood insurance and that communities have the resources they need to mitigate flood risks and protect their residents.

In addition to reauthorizing the NFIP, the bill may also include provisions to improve the program, such as updating flood maps, increasing funding for mitigation efforts, and enhancing transparency and accountability in program administration. These measures are intended to strengthen the NFIP and ensure that it remains effective in helping communities prepare for and recover from flooding events. Overall, Bill 119 HR 2123 is a crucial piece of legislation that aims to reauthorize and improve the National Flood Insurance Program, ensuring that property owners in flood-prone areas have access to affordable insurance and that communities have the support they need to mitigate flood risks.