NFIP Extension Act of 2025

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.