S 2172
116th Congress
Senate
Finance and Financial Sector
Building construction
Disaster relief and insurance
Floods and storm protection
Small business
Social work, volunteer service, charitable organizations
Tax-exempt organizations
Small Business Surcharge Relief Act
Introduced: July 18, 2019
Introduced by:
Wicker, Roger F.
Republican
· Mississippi
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 18, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 18, 2019
Introduced in Senate
Plain-English summary
Small Business Surcharge Relief Act
This bill partially exempts small businesses and nonprofit organizations from the Homeowner Flood Insurance Affordability Act (HFIAA) surcharge. The bill limits application of the HFIAA surcharge to two buildings on the same property, exempting additional buildings. The business or organization must certify that the savings will be used for flood mitigation on the property.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1