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A bill to amend the National Flood Insurance Act of 1968 to provide relief from surcharges to small businesses and nonprofit organizations.

USA115th CongressS-2091| Senate 
| Updated: 11/7/2017
Roger F. Wicker

Roger F. Wicker

Republican Senator

Mississippi

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Small Business Surcharge Relief Act This bill amends the National Flood Insurance Act of 1968 to partially exempt small businesses and nonprofit organizations from the Homeowner Flood Insurance Affordability Act (HFIAA) surcharge. The bill limits application of the HFIAA surcharge to two buildings on the same property, exempting additional buildings. The business or organization must certify that the savings will be used for flood mitigation on the property.
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Timeline
Nov 7, 2017
Introduced in Senate
Nov 7, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • November 7, 2017
    Introduced in Senate


  • November 7, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Building constructionDisaster relief and insuranceFloods and storm protectionSmall businessSocial work, volunteer service, charitable organizationsTax-exempt organizations

A bill to amend the National Flood Insurance Act of 1968 to provide relief from surcharges to small businesses and nonprofit organizations.

USA115th CongressS-2091| Senate 
| Updated: 11/7/2017
Small Business Surcharge Relief Act This bill amends the National Flood Insurance Act of 1968 to partially exempt small businesses and nonprofit organizations from the Homeowner Flood Insurance Affordability Act (HFIAA) surcharge. The bill limits application of the HFIAA surcharge to two buildings on the same property, exempting additional buildings. The business or organization must certify that the savings will be used for flood mitigation on the property.
View Full Text

Suggested Questions

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

Timeline
Nov 7, 2017
Introduced in Senate
Nov 7, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • November 7, 2017
    Introduced in Senate


  • November 7, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Roger F. Wicker

Roger F. Wicker

Republican Senator

Mississippi

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Building constructionDisaster relief and insuranceFloods and storm protectionSmall businessSocial work, volunteer service, charitable organizationsTax-exempt organizations