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To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

USA115th CongressHR-2565| House 
| Updated: 7/14/2017
Blaine Luetkemeyer

Blaine Luetkemeyer

Republican Representative

Missouri

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
(Sec. 1) This bill directs the Federal Emergency Management Agency (FEMA) to incorporate the replacement cost value of a structure insured under the National Flood Insurance Program of 1968 in its consideration of chargeable premium rates. FEMA must conduct a study regarding risk rating redesign utilizing replacement cost and report the findings to Congress.

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Timeline
May 19, 2017
Introduced in House
May 19, 2017
Referred to the House Committee on Financial Services.
Jun 21, 2017
Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25.
Jun 21, 2017
Committee Consideration and Mark-up Session Held.
Jul 14, 2017
Placed on the Union Calendar, Calendar No. 156.
Jul 14, 2017
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-221.
  • May 19, 2017
    Introduced in House
  • May 19, 2017
    Referred to the House Committee on Financial Services.
  • June 21, 2017
    Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25.
  • June 21, 2017
    Committee Consideration and Mark-up Session Held.
  • July 14, 2017
    Placed on the Union Calendar, Calendar No. 156.
  • July 14, 2017
    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-221.

Finance and Financial Sector

Related Bills

  • HR 115-2874: 21st Century Flood Reform Act
Congressional oversightDisaster relief and insuranceFloods and storm protectionGovernment studies and investigationsInsurance industry and regulation

To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

USA115th CongressHR-2565| House 
| Updated: 7/14/2017
(Sec. 1) This bill directs the Federal Emergency Management Agency (FEMA) to incorporate the replacement cost value of a structure insured under the National Flood Insurance Program of 1968 in its consideration of chargeable premium rates. FEMA must conduct a study regarding risk rating redesign utilizing replacement cost and report the findings to Congress.

Bill Text Versions

View Text
2 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 19, 2017
Introduced in House
May 19, 2017
Referred to the House Committee on Financial Services.
Jun 21, 2017
Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25.
Jun 21, 2017
Committee Consideration and Mark-up Session Held.
Jul 14, 2017
Placed on the Union Calendar, Calendar No. 156.
Jul 14, 2017
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-221.
  • May 19, 2017
    Introduced in House
  • May 19, 2017
    Referred to the House Committee on Financial Services.
  • June 21, 2017
    Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25.
  • June 21, 2017
    Committee Consideration and Mark-up Session Held.
  • July 14, 2017
    Placed on the Union Calendar, Calendar No. 156.
  • July 14, 2017
    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-221.
Blaine Luetkemeyer

Blaine Luetkemeyer

Republican Representative

Missouri

Financial Services Committee

Finance and Financial Sector

Related Bills

  • HR 115-2874: 21st Century Flood Reform Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Congressional oversightDisaster relief and insuranceFloods and storm protectionGovernment studies and investigationsInsurance industry and regulation