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HR 4866 114th Congress House Finance and Financial Sector Disaster relief and insurance Floods and storm protection

Flood Insurance Rate Increase Suspension Act of 2016

Introduced: March 23, 2016 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 23, 2016
Referred to the House Committee on Financial Services.
Mar 23, 2016
Introduced in House
 Plain-English summary Congressional Research Service

Flood Insurance Rate Increase Suspension Act of 2016

This bill bars from taking effect for a 12-month period any increases in mandatory chargeable risk premium rates for flood insurance coverage under the National Flood Insurance Act of 1968.

Beginning upon the expiration of the 12-month period, the increases in chargeable risk premium rates shall be made on a yearly basis.

What's happening now March 23, 2016

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1