This bill limits the required purchase of flood insurance in certain circumstances to only residential properties (currently, the requirement applies to all types of property).
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Building constructionFloods and storm protectionHousing industry and standardsInsurance industry and regulationLife, casualty, property insurance
To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas, and for other purposes.
USA116th CongressHR-470| House
| Updated: 1/10/2019
This bill limits the required purchase of flood insurance in certain circumstances to only residential properties (currently, the requirement applies to all types of property).