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S 2862 115th Congress Senate Emergency Management Congressional oversight Emergency planning and evacuation Floods and storm protection Government studies and investigations Property rights State and local government operations

Promoting Flood Risk Mitigation Act

Introduced: May 16, 2018 Introduced by: Schatz, Brian Democratic · Hawaii See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 16, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 16, 2018
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now May 16, 2018

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

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1