legislation: 112-hr-5740

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
112-hr-5740 112 hr 5740 National Flood Insurance Program Extension Act Emergency Management 2012-05-15 2012-05-31 Became Public Law No: 112-123. House Rep. Biggert, Judy [R-IL-13] IL R B001232 1 (This measure has not been amended since it was passed by the Senate on May 24, 2012. The summary of that version is repeated here.) Amends the National Flood Insurance Act of 1968 (NFIA) to extend the National Flood Insurance Program, including its funding, through July 31, 2012. Prohibits the Administrator of the Federal Emergency Management Agency (FEMA) from estimating subsidized flood insurance premium rates for any residential property which is not the primary residence of an individual (such as a vacation home or second home). Increases by 25% each year the chargeable risk premium rate for flood insurance for residential property which is not the primary residence of an individual until the average risk premium rate for such property is equal to the average of the risk premium rates for any properties within any single risk classification. Declares July 1, 2012, the effective date for the first such increase. 2023-03-22T18:24:48Z  

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