S. 601 · 118th Congress · Senate

Flood Insurance Affordability Act

Active· Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Mar 1, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Flood Insurance Affordability Act

This bill lowers the annual limit on National Flood Insurance Program (NFIP) premium increases applicable to primary residences from 18% to 9%.

Action Timeline

2
  1. MAR 01, 2023•IntroReferral

    Introduced in Senate

  2. MAR 01, 2023•IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committees

1

Banking, Housing, and Urban Affairs Committee

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Referred: Mar 1, 2023

Active