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National Flood Insurance Program Consultant Accountability Act of 2021

USA117th CongressS-2143| Senate 
| Updated: 6/21/2021
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (1)
Robert Menendez (Democratic)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
National Flood Insurance Program Consultant Accountability Act of 2021 This bill allows the Federal Emergency Management Agency (FEMA) to terminate certain contracts under the National Flood Insurance Program on the basis of detrimental conduct to the program by a covered entity (an attorney, law firm, consultant, or third-party company that provides certain services under the contract). Specifically, on such basis, FEMA may terminate a contract between a covered entity and a Write Your Own company (a property and casualty company that writes and services federal standard flood insurance policies in its own name). FEMA shall establish a process for a covered entity to appeal such a termination. Neither FEMA nor a Write Your Own company is required to make an early-termination payout to a covered entity with respect to a contract terminated under the bill.
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Timeline

Bill from Previous Congress

S 116-2122
National Flood Insurance Program Consultant Accountability Act of 2019
Jun 21, 2021
Introduced in Senate
Jun 21, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 23, 2021

Latest Companion Bill Action

HR 117-4091
Introduced in House
  • Bill from Previous Congress

    S 116-2122
    National Flood Insurance Program Consultant Accountability Act of 2019


  • June 21, 2021
    Introduced in Senate


  • June 21, 2021
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • June 23, 2021

    Latest Companion Bill Action

    HR 117-4091
    Introduced in House

Finance and Financial Sector

Related Bills

  • HR 117-4091: National Flood Insurance Program Consultant Accountability Act of 2021
Administrative remediesContracts and agencyDepartment of Homeland SecurityDisaster relief and insuranceFederal Emergency Management Agency (FEMA)Floods and storm protectionInsurance industry and regulation

National Flood Insurance Program Consultant Accountability Act of 2021

USA117th CongressS-2143| Senate 
| Updated: 6/21/2021
National Flood Insurance Program Consultant Accountability Act of 2021 This bill allows the Federal Emergency Management Agency (FEMA) to terminate certain contracts under the National Flood Insurance Program on the basis of detrimental conduct to the program by a covered entity (an attorney, law firm, consultant, or third-party company that provides certain services under the contract). Specifically, on such basis, FEMA may terminate a contract between a covered entity and a Write Your Own company (a property and casualty company that writes and services federal standard flood insurance policies in its own name). FEMA shall establish a process for a covered entity to appeal such a termination. Neither FEMA nor a Write Your Own company is required to make an early-termination payout to a covered entity with respect to a contract terminated under the bill.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 116-2122
National Flood Insurance Program Consultant Accountability Act of 2019
Jun 21, 2021
Introduced in Senate
Jun 21, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 23, 2021

Latest Companion Bill Action

HR 117-4091
Introduced in House
  • Bill from Previous Congress

    S 116-2122
    National Flood Insurance Program Consultant Accountability Act of 2019


  • June 21, 2021
    Introduced in Senate


  • June 21, 2021
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • June 23, 2021

    Latest Companion Bill Action

    HR 117-4091
    Introduced in House
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (1)
Robert Menendez (Democratic)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 117-4091: National Flood Insurance Program Consultant Accountability Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative remediesContracts and agencyDepartment of Homeland SecurityDisaster relief and insuranceFederal Emergency Management Agency (FEMA)Floods and storm protectionInsurance industry and regulation