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United States · Bill · HR

H.R. 7202 (117th)

National Flood Insurance Program Affordability Act

referredUnited States· United States Congress· EN

Introduced

24 March 2022

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

National Flood Insurance Program Affordability Act This bill requires the Federal Emergency Management Agency (FEMA) to provide discounts on National Flood Insurance Program coverage to low-income households and other entities. Specifically, the chargeable premium rate for an eligible primary residential dwelling must not exceed 1% of the median income of the area in which the property is located.

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Documents

3 official files

Introduced in House (text)

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Sources

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