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H.R.3959

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To amend the National Flood Insurance Act of 1968 to provide for the phase-in of actuarial rates for certain pre-FIRM properties.

Other Bill Titles (1 more)

1/23/2008--Passed House amended. Amends the National Flood Insurance Act of 1968 (Act) to provide for phased-in actuarial premium rates for recently purchased pre-FIRM single family properties used as a principal residence and purchased for at least $600,000. (A pre-FIRM structure is one t... moreSee Full Bill Text

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IntroducedresultVoted on by HouseresultVoted on by SenateresultConsidered By PresidentresultBill Becomes Law
October 24, 2007January 23, 2008
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In the News feed

January 24, 2008 House Passes Flood Insurance Reform Bill

The House of Representatives passed HR 3959, sponsored by Financial Services Committee Chairman, Barney Frank (D-Mass.), and Rep. Scott Garrett (RN. ...

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Source: Insurance Journal, CA


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Blog Coverage feed

January 28, 2008 Weekly Reader Picks: Monday, January 28, 2008

Jan 24, 2008 -- The House of Representatives passed HR 3959, sponsored by Financial Services Committee Chairman, Barney Frank (D-Mass.), and Rep. Scott Garrett (RN.J.), legislation that would gradually phase-out some of the subsidies in ...

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Source: Insurance life


January 26, 2008 PCI Supports House on Garrett-Frank Flood Bill

23) House passage of HR 3959, which would require buyers of residential homes costing $600000 or more to pay phased-in, actuarial flood insurance prices, is a positive step toward shoring up the National Flood Insurance Program (NFIP) ...

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Source: DAILYINSURER


January 26, 2008 House Passes Flood Insurance Reform Legislation

This is a hit-or-miss The House of Representatives passed HR 3959, sponsored by Financial Services Committee Chairman, Barney Frank (D-Mass.), and Rep. Scott Garrett (RN.J.), legislation that would gradually phase-out s. ...

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Source: Living with bad credit


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