118th Congress Finance and Financial Sector
H.R. 1540: National Flood Insurance Program Affordability Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill requires the Federal Emergency Management Agency to provide discounts on National Flood Insurance Program coverage to low-income households, small businesses, and not-for-profit entities. Specifically, the chargeable premium rate for an eligible primary residential dwelling and related personal property must not exceed 1% of the median income of the area in which the property is located.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Jill Tokuda D-HI
- Joseph Morelle D-NY
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Other bills by Matthew Cartwright
History
- Introduced in the House by Matthew Cartwright.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.