This bill amends the National Flood Insurance Act of 1968 to direct the Federal Emergency Management Agency (FEMA) to incorporate the replacement cost value of a structure insured under the National Flood Insurance Program of 1968 in its consideration of chargeable premium rates.
FEMA must conduct a study regarding risk rating redesign utilizing replacement cost and report the findings to Congress.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2017-07-14 | Calendars | Placed on the Union Calendar, Calendar No. 156. | House floor actions |
| 2017-07-14 | Committee | Reported (Amended) by the Committee on Financial Services. H. Rept. 115-221. | House floor actions |
| 2017-06-21 | Committee | Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25. | House committee actions |
| 2017-06-21 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2017-05-19 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2017-05-19 | IntroReferral | Introduced in House | Library of Congress |