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A bill to reauthorize the National Flood Insurance Program, and for other purposes.

USA115th CongressS-1571| Senate 
| Updated: 7/17/2017
Mike Crapo

Mike Crapo

Republican Senator

Idaho

Cosponsors (1)
Sherrod Brown (Democratic)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
National Flood Insurance Program Reauthorization Act of 2017 This bill amends the National Flood Insurance Act of 1968 to reauthorize through FY2023 and revise the National Flood Insurance Program (NFIP). A community that participates in NFIP and has been repeatedly flooded must: (1) assess the continuing risks to community areas repeatedly damaged by floods; and (2) develop and implement a publicly available, community-specific plan for mitigating continuing flood risks to such areas. A community that does not comply with these requirements shall be subject to sanctions. The amount of coverage available under the Increased Cost of Compliance (ICC) program is increased. This bill makes available ICC coverage in communities outside special flood hazard areas that have adopted specified land use and control measures. After FY2021, as a condition of qualifying for NFIP, local or state governments are required to impose upon a seller or lessor a duty to disclose specified flood information. The Federal Emergency Management Agency (FEMA) must incorporate the replacement value of structures in setting flood premium rates. This bill amends the Biggert-Waters Flood Insurance Reform Act of 2012 to reauthorize through FY2023 and revise the mapping program. In addition to reinsurance, alternatives may be used by FEMA in its risk transfer activities. This bill amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide procedures for the declaration of a major disaster for wildfire on federal land.
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Timeline
Jul 17, 2017
Introduced in Senate
Jul 17, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 19, 2017

Latest Companion Bill Action

HR 115-3285
Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
  • July 17, 2017
    Introduced in Senate


  • July 17, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • July 19, 2017

    Latest Companion Bill Action

    HR 115-3285
    Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.

Finance and Financial Sector

Related Bills

  • HR 115-7187: National Flood Insurance Program Further Extension Act of 2018
  • S 115-3670: A bill to reauthorize the National Flood Insurance Program.
  • S 115-3703: A bill to reauthorize the National Flood Insurance Program.
  • S 115-3628: National Flood Insurance Program Extension Act

A bill to reauthorize the National Flood Insurance Program, and for other purposes.

USA115th CongressS-1571| Senate 
| Updated: 7/17/2017
National Flood Insurance Program Reauthorization Act of 2017 This bill amends the National Flood Insurance Act of 1968 to reauthorize through FY2023 and revise the National Flood Insurance Program (NFIP). A community that participates in NFIP and has been repeatedly flooded must: (1) assess the continuing risks to community areas repeatedly damaged by floods; and (2) develop and implement a publicly available, community-specific plan for mitigating continuing flood risks to such areas. A community that does not comply with these requirements shall be subject to sanctions. The amount of coverage available under the Increased Cost of Compliance (ICC) program is increased. This bill makes available ICC coverage in communities outside special flood hazard areas that have adopted specified land use and control measures. After FY2021, as a condition of qualifying for NFIP, local or state governments are required to impose upon a seller or lessor a duty to disclose specified flood information. The Federal Emergency Management Agency (FEMA) must incorporate the replacement value of structures in setting flood premium rates. This bill amends the Biggert-Waters Flood Insurance Reform Act of 2012 to reauthorize through FY2023 and revise the mapping program. In addition to reinsurance, alternatives may be used by FEMA in its risk transfer activities. This bill amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide procedures for the declaration of a major disaster for wildfire on federal land.
View Full Text

Suggested Questions

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

Timeline
Jul 17, 2017
Introduced in Senate
Jul 17, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 19, 2017

Latest Companion Bill Action

HR 115-3285
Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
  • July 17, 2017
    Introduced in Senate


  • July 17, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • July 19, 2017

    Latest Companion Bill Action

    HR 115-3285
    Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Mike Crapo

Mike Crapo

Republican Senator

Idaho

Cosponsors (1)
Sherrod Brown (Democratic)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 115-7187: National Flood Insurance Program Further Extension Act of 2018
  • S 115-3670: A bill to reauthorize the National Flood Insurance Program.
  • S 115-3703: A bill to reauthorize the National Flood Insurance Program.
  • S 115-3628: National Flood Insurance Program Extension Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted