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United States · Bill · HR

H.R. 4071 (113th)

Flood Insurance Flexibility Act of 2014

referredUnited States· United States Congress· EN

Introduced

21 February 2014

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

12 August 2025

Summary

Flood Insurance Flexibility Act of 2014 - Amends the National Flood Insurance Act of 1968 to direct the Administrator of the Federal Emergency Management Agency (FEMA) to make available, at the option of the insured, flood insurance coverage for properties with premiums and deductibles which have an annual loss-deductible for damage to the covered property of at least $10,000. Authorizes FEMA to make coverage available with higher loss-deductible amounts that it considers feasible and appropriate. Requires such flood insurance coverage to have a chargeable risk premium rate that, as determined by FEMA, accurately reflects both the current risk of flood to the property and the deductible.

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Documents

3 official files

Introduced in House (text)

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Sources

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