National Flood Insurance Program Policyholder Protection Act of 2017

Summary

National Flood Insurance Program Policyholder Protection Act of 2017 This bill amends the National Flood Insurance Act of 1968 to limit the flood insurance premium for a residential property having four or fewer residences to no more than $10,000 a year, subject to adjustments for future inflation. In determining premium rates, the Federal Emergency Management Agency (FEMA) shall offer a rate reduction if policyholders implement specified flood damage mitigation methods. Mitigation techniques that qualify for a rate reduction include methods that can be utilized on a block or neighborhood scale, and the elevation of mechanical systems. FEMA shall conduct a study of the feasibility of providing coverage for individual units in cooperative housing projects.

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Documents

6 official files

• Reported in House (text)

  Reported in House · EN · 11 July 2017

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• Reported in House (PDF)

  Reported in House · EN · 11 July 2017

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• Reported to House without amendment

  summary · EN · 11 July 2017

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• Introduced in House (text)

  Introduced in House · EN · 8 June 2017

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• Introduced in House (PDF)

  Introduced in House · EN · 8 June 2017

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• Introduced in House

  summary · EN · 8 June 2017

  Open at official source

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