H.R.5740 - National Flood Insurance Program Extension Act

To extend the National Flood Insurance Program, and for other purposes. view all titles (3)

All Bill Titles

  • Official: To extend the National Flood Insurance Program, and for other purposes. as introduced.
  • Short: National Flood Insurance Program Extension Act as introduced.
  • Short: National Flood Insurance Program Extension Act as passed house.

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Introduced
 
House
Passed
 
Senate
Passed
 
President
Signed
 

 
05/15/12
 
05/17/12
 
05/24/12
 
05/31/12
 

 

Latest Vote

Result: Passed - May 17, 2012

Roll call number 262 in the House

Question: On Motion to Suspend the Rules and Pass: H R 5740 To extend the National Flood Insurance Program, and for other purposes

 

Official Summary

(This measure has not been amended since it was passed by the Senate on May 24, 2012. The summary of that version is repeated here.) Amends the National Flood Insurance Act of 1968 (NFIA) to extend the National Flood Insurance Program, including its funding, through July 31, 2012. Prohibits

Official Summary

(This measure has not been amended since it was passed by the Senate on May 24, 2012. The summary of that version is repeated here.) Amends the National Flood Insurance Act of 1968 (NFIA) to extend the National Flood Insurance Program, including its funding, through July 31, 2012. Prohibits the Administrator of the Federal Emergency Management Agency (FEMA) from estimating subsidized flood insurance premium rates for any residential property which is not the primary residence of an individual (such as a vacation home or second home). Increases by 25% each year the chargeable risk premium rate for flood insurance for residential property which is not the primary residence of an individual until the average risk premium rate for such property is equal to the average of the risk premium rates for any properties within any single risk classification. Declares July 1, 2012, the effective date for the first such increase.

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