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Protecting Families and the Solvency of the National Flood Insurance Program Act of 2022

USA117th CongressHR-7842| House 
| Updated: 5/20/2022
Sean Casten

Sean Casten

Democratic Representative

Illinois

Cosponsors (1)
Earl Blumenauer (Democratic)

Transportation and Infrastructure Committee, Financial Services Committee, Economic Development, Public Buildings, and Emergency Management Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Protecting Families and the Solvency of the National Flood Insurance Program Act of 2022 This bill revises the National Flood Insurance Program and expands assistance for properties that have experienced repetitive flood-related losses. For example, the bill expedites the voluntary buyouts of such property. Additionally, the bill requires community plans for addressing repetitive loss properties and expands mitigation assistance for repairs to structures facing repetitive losses. The bill also addresses the equity of NFIP mitigation assistance by requiring equity considerations in eligibility determinations, waiving the matching requirement for underserved communities, and expanding predisaster hazard mitigation assistance to high-risk communities.
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Timeline
May 19, 2022
Introduced in House
May 19, 2022
Referred to the Committee on Financial Services, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 20, 2022
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
  • May 19, 2022
    Introduced in House


  • May 19, 2022
    Referred to the Committee on Financial Services, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • May 20, 2022
    Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Finance and Financial Sector

Related Bills

  • HR 117-7836: Repeatedly Flooded Communities Planning Assistance Act of 2022

Protecting Families and the Solvency of the National Flood Insurance Program Act of 2022

USA117th CongressHR-7842| House 
| Updated: 5/20/2022
Protecting Families and the Solvency of the National Flood Insurance Program Act of 2022 This bill revises the National Flood Insurance Program and expands assistance for properties that have experienced repetitive flood-related losses. For example, the bill expedites the voluntary buyouts of such property. Additionally, the bill requires community plans for addressing repetitive loss properties and expands mitigation assistance for repairs to structures facing repetitive losses. The bill also addresses the equity of NFIP mitigation assistance by requiring equity considerations in eligibility determinations, waiving the matching requirement for underserved communities, and expanding predisaster hazard mitigation assistance to high-risk communities.
View Full Text

Suggested Questions

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

Timeline
May 19, 2022
Introduced in House
May 19, 2022
Referred to the Committee on Financial Services, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 20, 2022
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
  • May 19, 2022
    Introduced in House


  • May 19, 2022
    Referred to the Committee on Financial Services, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • May 20, 2022
    Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Sean Casten

Sean Casten

Democratic Representative

Illinois

Cosponsors (1)
Earl Blumenauer (Democratic)

Transportation and Infrastructure Committee, Financial Services Committee, Economic Development, Public Buildings, and Emergency Management Subcommittee

Finance and Financial Sector

Related Bills

  • HR 117-7836: Repeatedly Flooded Communities Planning Assistance Act of 2022
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted