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Small Business Surcharge Relief Act

USA116th CongressS-2172| Senate 
| Updated: 7/18/2019
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 partially exempts 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
Jul 18, 2019
Introduced in Senate
Jul 18, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 18, 2019
    Introduced in Senate


  • July 18, 2019
    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

Small Business Surcharge Relief Act

USA116th CongressS-2172| Senate 
| Updated: 7/18/2019
Small Business Surcharge Relief Act This bill partially exempts 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
Jul 18, 2019
Introduced in Senate
Jul 18, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 18, 2019
    Introduced in Senate


  • July 18, 2019
    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