HR 4686
Flood Insurance Affordability Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Flood Insurance Affordability Act, aims to provide temporary relief to homeowners with National Flood Insurance Program (NFIP) policies. It establishes a 30-day grace period for premium payments if the FEMA Administrator offers monthly payment options. Additionally, it ensures that policyholders continue to be covered during this grace period and introduces a monthly fee to recover unpaid premiums for those choosing the new monthly payment option. This legislation supports the implementation of more flexible payment schedules for flood insurance.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Bill Posey
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.