To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

Summary

This bill amends the National Flood Insurance Act of 1968 to direct the Federal Emergency Management Agency (FEMA) to incorporate the replacement cost value of a structure insured under the National Flood Insurance Program of 1968 in its consideration of chargeable premium rates. FEMA must conduct a study regarding risk rating redesign utilizing replacement cost and report the findings to Congress.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

6 official files

• Reported in House (text)

  Reported in House · EN · 14 July 2017

  ViewDownloadOpen at official source

• Reported in House (PDF)

  Reported in House · EN · 14 July 2017

  ViewDownloadOpen at official source

• Reported to House with amendment(s)

  summary · EN · 14 July 2017

  Open at official source

• Introduced in House (text)

  Introduced in House · EN · 19 May 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 19 May 2017

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 19 May 2017

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.