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United States · Bill · HR

H.R. 4164 (111th)

To amend the National Flood Insurance Act of 1968 to provide for a phased-in increase of chargeable premium rates for properties affected by updated Flood Insurance Rate Maps.

referredUnited States· United States Congress· EN

Introduced

1 December 2009

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Amends the National Flood Insurance Act of 1968 to provide that an increase in the risk premium rate charged for covered properties mapped into a higher-risk flood zone as the result of an update to a Flood Insurance Rate Map (post-FIRM properties) shall be limited to an annual increase for 5 years of 20% per year of the difference between: (1) the risk premium rate otherwise chargeable pursuant to such update; and (2) the chargeable risk premium rate for such property that existed before such update.

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Documents

3 official files

Introduced in House (text)

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