To exempt properties located in flood hazard areas that are participating in an approved buy-out program from the mandatory purchase requirement under the National Flood Insurance Program, and for other purposes.

USA115^th CongressHR-5618| House

| Updated: 4/25/2018

Flooded Homeowner Financial Relief Act of 2018 This bill exempts certain property from the National Flood Insurance Program's mandatory purchase requirement. Specifically, a flood-hazard-area property that is part of a binding agreement for open-space conversion under an approved buy-out program shall be exempt from the requirement to purchase flood insurance.

View Full Text

Finance and Financial Sector

Disaster relief and insuranceFloods and storm protectionInsurance industry and regulationLife, casualty, property insuranceNatural disasters

To exempt properties located in flood hazard areas that are participating in an approved buy-out program from the mandatory purchase requirement under the National Flood Insurance Program, and for other purposes.

USA115^th CongressHR-5618| House

| Updated: 4/25/2018

View Full Text

John J. Faso

Republican Representative

New York

Cosponsors (6)

Daniel M. Donovan (Republican)Claudia Tenney (Republican)Vicente Gonzalez (Democratic)Mario Diaz-Balart (Republican)Chris Collins (Republican)Sean P. Duffy (Republican)

Financial Services Committee

Finance and Financial Sector

Introduced
In Committee
On Floor
Passed Chamber
Enacted

Disaster relief and insuranceFloods and storm protectionInsurance industry and regulationLife, casualty, property insuranceNatural disasters

To exempt properties located in flood hazard areas that are participating in an approved buy-out program from the mandatory purchase requirement under the National Flood Insurance Program, and for other purposes.

Suggested Questions

Finance and Financial Sector

To exempt properties located in flood hazard areas that are participating in an approved buy-out program from the mandatory purchase requirement under the National Flood Insurance Program, and for other purposes.

Suggested Questions

John J. Faso

Financial Services Committee

Finance and Financial Sector

To exempt properties located in flood hazard areas that are participating in an approved buy-out program from the mandatory purchase requirement under the National Flood Insurance Program, and for other purposes.

Suggested Questions

Finance and Financial Sector

To exempt properties located in flood hazard areas that are participating in an approved buy-out program from the mandatory purchase requirement under the National Flood Insurance Program, and for other purposes.

Suggested Questions

John J. Faso

Financial Services Committee

Finance and Financial Sector