United States · Bill · HR
H.R. 1540 (118th)
National Flood Insurance Program Affordability Act
Introduced
10 March 2023
Last action
—
Status
Referred to the House Committee on Financial Services.
Sponsors
—
Subjects
Discovery layer
Source updated
27 May 2025
Summary
National Flood Insurance Program Affordability Act 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.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 10 March 2023
Introduced in House (PDF)
Introduced in House · EN · 10 March 2023
Introduced in House
summary · EN · 10 March 2023
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/118th-congress/house-bill/1540
- Open data entity: https://api.congress.gov/v3/bill/118/hr/1540