Extending the National Flood Insurance Program

Bill would extend national flood insurance Program through hurricane season. The National Flood Insurance Program Extension Act would extend the program as currently written through November 30. It is sponsored by MacArthur and and House Majority Whip Steve Scalise, who represents parts of Louisiana that are vulnerable to storms and flooding.

In response to increased flood damage, the escalating costs of disaster relief for taxpayers, and the lack of affordable flood insurance, Congress enacted the National Flood Insurance Act (NFIA) in 1968. 2 The NFIA established the National Flood Insurance Program (NFIP) to address the economic burdens of floods, encourage protective and.

 · For the eleventh time since September 2017, Congress has extended the deeply in-debt National Flood Insurance Program (NFIP) without reform.

 · This bulletin provides guidance to assist national banks in dealing with the periods during which the authority of the Federal Emergency Management Agency (FEMA) to issue flood insurance contracts under the National Flood Insurance Program (NFIP) has lapsed. On May 31, 2010 the current reauthorization of the NFIP lapsed.

With expiration looming, Congress has extended the National Flood Insurance Program to June 14, avoiding a lapse in new policies and services, and interrupted real estate transactions. The action.

Wednesday, the House of Representatives passed legislation to authorize the National Flood Insurance Program for another four months. The legislation will extend the program until November 30, 2018.

The National Flood Insurance Program (NFIP) was created by Congress in 1968 to protect lives, property and to reduce the financial burden from flood events. The NFIP is administered by the Federal Emergency Management Agency.

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On June 6, 2019, the President signed legislation passed by Congress that extends the National Flood Insurance Program's (NFIP's).

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(Bloomberg) — Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday. The stopgap bill was passed by the House on Thursday with a fast-track procedure used when members are on recess. It will allow new flood insurance.

Floor Situation. On Wednesday, May 16, 2012, the House is scheduled to consider H.R. 5740, a bill to extend the National Flood Insurance Program, and for other purposes, under a suspension of the rules requiring a two-thirds majority for approval.

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