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United States · Bill · S

S. 2862 (115th)

Promoting Flood Risk Mitigation Act

referredUnited States· United States Congress· EN

Introduced

16 May 2018

Last action

16 May 2018 · Introduced

Status

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

Sponsors

Sen. Schatz, Brian [D-HI], Sen. Scott, Tim [R-SC]

Subjects

Discovery layer

Source updated

6 December 2025

Summary

Promoting Flood Risk Mitigation Act This bill directs the Government Accountability Office (GAO) to conduct a study to assess: (1) the efficacy of practices or programs under which the Federal Emergency Management Agency (FEMA) provides assistance to state and local governments to acquire flood-damaged properties (buyout practices), and (2) ways to streamline the buyout practices. The study must consider and analyze certain factors, such as current and future trends regarding repetitive loss structures that are insured under the National Flood Insurance Program and constraints on buyout practices. The GAO shall submit to Congress and FEMA a report on the buyout practices study and the feasibility of FEMA establishing an alternative buyout program.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 16 May 2018

    Introduced

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

    Source: IntroReferral

  2. 16 May 2018

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 16 May 2018

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 16 May 2018

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 16 May 2018

    Open at official source

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Sponsors

Related records

Sources

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