National Flood Insurance Program Consultant Accountability Act of 2023

Summary

National Flood Insurance Program Consultant Accountability Act of 2023 This bill allows the Federal Emergency Management Agency (FEMA) to terminate certain contracts under the National Flood Insurance Program on the basis of detrimental conduct to the program by a covered entity (an attorney, law firm, consultant, or third-party company that provides certain services under the contract). Specifically, on such basis, FEMA may terminate a contract between a covered entity and a Write Your Own company (a property and casualty company that writes and services federal standard flood insurance policies in its own name). FEMA shall establish a process for a covered entity to appeal such a termination. Neither FEMA nor a Write Your Own company is required to make an early-termination payout to a covered entity with respect to a contract terminated under the bill.

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Timeline

1. 29 March 2023

   Introduced

   Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   Source: IntroReferral

2. 29 March 2023

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 29 March 2023 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 29 March 2023

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 29 March 2023

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 29 March 2023

  Open at official source

Sponsors

• John Kennedy · R · Sponsor
• Sen. Menendez, Robert [D-NJ] · D · Sponsor
• · ssbk00 · Standing

Related records

• related to ← National Flood Insurance Program Reauthorization and Reform Act of 2023
• related to ← National Flood Insurance Program Consultant Accountability Act of 2021