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National Flood Insurance Program Consultant Accountability Act of 2023

USA118th CongressS-1039| Senate 
| Updated: 3/29/2023
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 2023 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

Bill from Previous Congress

S 117-2143
National Flood Insurance Program Consultant Accountability Act of 2021
Mar 29, 2023
Introduced in Senate
Mar 29, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

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


  • Bill from Previous Congress

    S 117-2143
    National Flood Insurance Program Consultant Accountability Act of 2021


  • March 29, 2023
    Introduced in Senate


  • March 29, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • S 118-2142: National Flood Insurance Program Reauthorization and Reform Act of 2023

National Flood Insurance Program Consultant Accountability Act of 2023

USA118th CongressS-1039| Senate 
| Updated: 3/29/2023
National Flood Insurance Program Consultant Accountability Act of 2023 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

Bill from Previous Congress

S 117-2143
National Flood Insurance Program Consultant Accountability Act of 2021
Mar 29, 2023
Introduced in Senate
Mar 29, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

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


  • Bill from Previous Congress

    S 117-2143
    National Flood Insurance Program Consultant Accountability Act of 2021


  • March 29, 2023
    Introduced in Senate


  • March 29, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (1)
Robert Menendez (Democratic)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • S 118-2142: National Flood Insurance Program Reauthorization and Reform Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted